Retailers and hoteliers are urging the government to provide commercial users a moratorium till end-2023 on the newly implemented electricity surcharge — which has been upped to 20 sen per kWh since the start of this year from 3.7 sen per kWh throughout 2022 — so that their businesses can first recover from the pandemic's impact.

Its Real Estate Market Sentiment Survey 2022/2023 shows that most respondents feel the market will improve in 2023, with a more promising outlook on the secondary market.

RHB Investment Bank Research has maintained its "neutral" call on the construction sector, after considering the risks in public infrastructure projects, but advocated that contractors focus on newer projects, such as data centres and industrial jobs.

The new government is supportive of the 50% stamp duty exemption given to first-time home buyers for the transfer of residential properties priced between RM500,000 and RM1 million, said Local Government Development Minister Nga Kor Ming.

The Malaysia Budget & Business Hotel Association (MyBHA) has urged the government to immediately reintroduce a strict standard operating procedure (SOP) as a preparedness measure in addition to ensuring that Malaysia becomes a destination of choice for foreign tourists to visit.

On Dec 20, the Dewan Rakyat unanimously approved the 2023 Mini Budget and the Consolidated Fund (Accountable Expenditure) Bill 2022.

The year is almost out as 2023 gets ready to take its place. In those 12 months, EdgeProp.my has brought you many industry-related stories to keep you informed and empowered to make the right property decisions

The concept of working and travelling the world at the same time is becoming increasingly tempting for many. Leaving their nine-to-five office cubicles, they trade for more exciting and fulfilling lives on “greener” sides. 

A group of property owners have voiced their grievances through a media conference recently to warn the public against a renovation company alleged to have scammed them more than RM1 million in total.

The primary suite in the house is designed to wow, with “canyon views, a wood-burning fireplace, his-and-hers bathrooms with beautiful marble slab counters, luxurious aromatic oil-and-steam showers, a hair salon, and a private staff entrance”.