To recount the construction sector’s journey in ESG, the following excerpt is from the keynote address by Construction Industry Development Board (CIDB) Chief Executive Datuk Mohd Zaid Zakaria at the CIDB Malaysia International Construction Transformation Conference (ICTC) 2023.

Though it is not yet known how the fourth quarter has performed at the time of writing, 2023 has positioned itself to be the highest in the number of transactions for the first nine months since 2012’s peak point. Market normalisation aside, 2023 remained coherent to the post-pandemic recovery...

The evolution of urban areas and the distribution of towns in Malaya were primarily influenced by British intervention in the mainland during the 1850s. After gaining independence, Malaysian cities experienced rapid expansion, with approximately 75% of Malaysia's current GDP being generated in...

The IMF, in its latest World Economic Outlook, has predicted a global Gross Domestic Product (GDP) growth slowdown from 3% in 2023 to 2.9% in 2024, a figure well below the historical average of 3.8% from 2000 to 2019. Despite this, several local research houses, including Maybank Investment Bank,...

After the Covid-19 pandemic, Malaysia’s property market performed reasonably well in 2022 and has been stable throughout 2023 in the face of different challenges affecting the various sectors.

As we enter 2024, the Asia-Pacific commercial real estate market is set to experience a significant impact from the strategic involvement of private capital. According to Knight Frank's New Horizon Outlook 2024 Part 1: Asia-Pacific Tomorrow report, the enduring influence of private capital, with a...

As more residential property developers venture into industrial development, attention is shifting to the often-overlooked aspects of industrial property, with a particular emphasis on functionality and connectivity. One such aspect gaining prominence is centralised labour quarters (CLQs).

As Malaysia aims for more sustainable housing, architects and researchers find merit in looking to the past for a better understanding of what these houses could be. Resilient communities are founded on environmental to social sustainability and traditional Malay architecture can provide wisdom to...

In tandem with its population growth, Malaysia is also one of the most urbanised countries in Asia. In 2021, more than 75% of Malaysians lived in urban areas and cities. This growth is expected to pick up pace, as residents from rural areas migrate to urban areas for better employment opportunities...

The year 2023 has been a rollercoaster, marked by numerous highs and lows that spanned a diverse spectrum of news in the real estate industry. Let's take a look at the standout moments and newsmakers of the year.