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Penang, located on the northwest coast of Peninsular Malaysia, continues to solidify its reputation as one of the top destinations for homebuyers and investors.Known as the "food capital" of the country, this Malaysian state offers more than just local delicacies and heritage-rich streets, it’s a dynamic centre for urban living, culture, and tourism.Whether you’re drawn to the colonial buildings of George Town or the modern skyline stretching across the island, Penang’s real estate opportunities are booming.Choosing the right accommodation for your family or investment needs in Penang Island can be overwhelming, especially when considering location, accessibility, amenities, and long-term value.Explore this guide of the top new residential apartments and landed homes, each designed to meet diverse lifestyles, budgets, and priorities!Discover Your New Home or Investment!1. The Navens @ Butterworth by Exsim Group2. Noordinz Suites @ George Town by EXSIM Group3. Baymont Residence @ Bayan Lepas4. The Anton @ Pulau Tikus5. d’Courtyards @ Machang BubokTips When Considering a New Home in PenangFrequently Asked Questions (FAQs)1. The Navens @ Butterworth by Exsim Group[single_property type="project" identifier="the-navens"]The Navens is a low-density development in Butterworth, just off the Penang Bridge.Located on the mainland, it provides excellent connectivity to Penang Island, offering a quieter lifestyle while staying close to the city centre.Project OverviewFeatureDetailsLocationJalan Raja Uda, ButterworthDeveloperExsim GroupBuilt-up Sizes801 – 1,195 sq ftPrice RangeFrom RM398,800TenureFreeholdKey Features & Amenities:5 towers with over 2,000 serviced apartment unitsLifestyle-focused facilities like co-working space, gym, and swimming poolCommercial components for retail convenience within the developmentWhy Consider The Navens?The Navens offers value-focused living for first-time buyers and small families.Residents benefit from city amenities like a co-working space and pool while enjoying peace on the mainland.Services and schools are nearby, and the development’s expected growth adds long-term value.2. Noordinz Suites @ George Town by EXSIM Group[single_property type="project" identifier="Noordinz-Suites"]Located in the heritage-rich centre of George Town, popularly known as Penang’s largest city, Noordinz Suites combines compact city apartments with lifestyle convenience.Positioned minutes away from major services, restaurants, and malls, it's ideal for digital nomads, medical tourists, or investors targeting short-term rentals.Project OverviewFeatureDetailsLocationGat Lebuh Noordin, George TownDeveloperEXSIM GroupBuilt-up Sizes377 – 603 sq ftPrice RangeRM593,800 – RM942,900TenureFreeholdCompletion (Est.)Not publicly specifiedKey Features & Amenities:603 serviced apartment units with smart home integration and hotel-style interiorsFacilities include a sky gym, infinity pool, reading lounge, co-working space, jacuzzi, and more24-hour security with gated access, concierge lobby, and covered parkingWhy Consider Noordinz Suites?This modern serviced apartment development includes smart home features, a sky gym, and a concierge lobby.Located near Gurney Drive, Komtar, and public transport, it also appeals to those seeking short walk access to Penang’s best services and amenities.Its location on Penang Island's northern corridor places it close to the upscale neighbourhoods of Tanjung Tokong and Tanjung Bungah.3. Baymont Residence @ Bayan Lepas[single_property type="project" identifier="baymont-residences"]Baymont Residence, located in the south of Penang Island, in Bayan Lepas, offers a premium lifestyle with privacy in mind.The development comprises freehold bungalows with eco-conscious features and large family spaces, making it ideal for multi-generational living.Project OverviewFeatureDetailsTotal Units79 three-storey freehold bungalowsBuilt-Up Area4,377 sq ft to 4,973 sq ftLand AreaBetween 3,972 sq ft and 12,023 sq ftLayouts5 bedrooms + 5 bathrooms or 6 bedrooms + 6 bathroomsTenureFreeholdDeveloperWHH LandKey Features & AmenitiesGated & guarded community for peace of mindPrivate clubhouse with infinity pool, gymnasium, sauna, multipurpose hall, and kid’s poolOutdoor children’s playgroundGreen building initiatives including rainwater harvesting and solar panel hot water systemsBuilt-in lifts in each unit for convenienceWhy Consider Baymont Residence?Its location near the Penang International Airport and Bayan Lepas industrial hub, famous for electronics manufacturing, ensures daily conveniences and strong rental demand.Families will appreciate the large courtyards, children’s facilities, and energy-efficient systems.As Pulau Pinang’s property values continue to climb, this limited development stands out as a high-potential investment.4. The Anton @ Pulau Tikus[single_property type="project" identifier="the-anton"]Located in the upscale George Town suburb of Pulau Tikus, The Anton delivers luxurious, low-density city living.It’s a short drive from Gurney Drive and Straits Quay, with easy access to international schools, hospitals, and coastal dining options.Project OverviewFeatureDetailsTotal Units51 units across 13 storiesBuilt-Up Area2,698 sq ft to 5,470 sq ftLayouts3+2 bedrooms to 4+4 bedrooms, 4 to 5 bathroomsTenureFreeholdDeveloperTamarins GroupKey Features & AmenitiesGated & guarded for securityPrivate lift lobby for each unit enhancing privacySwimming pool, wading pool, gymnasium, BBQ deckGourmet kitchen and landscaped gardenFunction hall for community eventsEco-friendly features including electric vehicle charging stationsWhy Consider The Anton?The Anton integrates exclusive facilities like EV charging stations and private lift lobbies with community spaces for children and family gatherings.This project caters to affluent locals and the Chinese community seeking a blend of tradition, security, and contemporary living in Penang Island’s northern region.5. d’Courtyards @ Machang Bubok[single_property type="project" identifier="d-courtyards"]d’Courtyards is situated in the fast-growing township of Machang Bubok, off Jalan Machang Bubok.It’s approximately 500 meters from SK Machang Bubok 2 and about a 10-minute drive to AEON Mall at Alma.The development is also near the Vangohh Eminent Hotel and surrounded by other residential projects such as The Navens, Garden Terraces, and Hillpark Residences.Project OverviewFeatureDetailsTotal Units71 double-storey terrace housesLayoutsType A: Built-up 26' x 42'; land 26' x 65'Type B: Built-up 22' x 43'; land 22' x 75'Bedrooms / Bathrooms4 bedrooms and 4 bathrooms per unitTenureFreeholdKey Features & AmenitiesGated & guarded community ensuring securityBasketball court, jogging track, outdoor playground, pocket gardens with benchesClub lounge for community gatheringsPrivate courtyard for each home enhancing natural light and ventilationWhy Consider d’Courtyards?Residents can enjoy peaceful, family-focused living near schools, night markets, and public amenities.The development includes jogging tracks, playgrounds, and a club lounge.Given its proximity to the city, island access, and location in Negeri Pulau’s growing corridor, this project is expected to appreciate steadily.Tips When Considering a New Home in PenangBefore you commit to a property, it helps to review a few key factors that can make or break your investment:1. Location & AccessibilityPrioritise projects with good road access, proximity to public transportation, and nearby commercial or educational centres.Being near essentials saves time and enhances long-term value.2. Developer ReputationOpt for developers with a strong track record in quality, timely delivery, and post-handover service.A well-known developer often brings higher buyer confidence and better resale value.3. Tenure & Legal TermsFreehold properties are generally more sought after for long-term ownership, though leasehold projects in prime areas may also offer strong value propositions.4. Facilities & Community LivingEvaluate if the development offers practical amenities that suit your lifestyle.Families may prefer playgrounds and multipurpose halls, while working professionals might benefit more from co-working spaces and gyms.5. Resale & Rental PotentialIf investment is your goal, look at surrounding rental demand, occupancy trends, and the area's future development plans.A well-connected, fully furnished unit near key employment zones will usually see higher rental returns.From beachfront retreats to high-rise city apartments, Penang offers diverse options for every type of buyer.Whether you're relocating from Kuala Lumpur, upgrading within Penang Island, or investing from abroad, these properties deliver strong location advantages, modern services, and smart layouts.When evaluating new developments in Pulau Pinang, always consider transport links, developer reputation, unit size, and community facilities.With the highest population density in Malaysia and the ongoing evolution of this vibrant destination, now is an excellent time to secure your place in Penang’s future.Frequently Asked Questions (FAQs)Is Penang property a good investment? Investing in a new landed house in Penang offers strong potential for capital growth, especially in sought-after locations. Property values have consistently risen over the years, making it a solid long-term asset.How much do I need to retire in Penang? A single person can live comfortably in Penang with RM 4,000 to RM 8,500 monthly, while a family of four may spend RM 7,500 to RM 14,000, depending on lifestyle and housing. Its blend of affordability and quality living makes Penang a top choice for expats and retirees.Start exploring your property investment options in Penang with our experienced property agents! Contact us today for professional guidance and make your dreams come true![hubspot portal="5699703" id="85ebae59-f425-419b-a59d-3531ad1df948" version="" type="form"]Continue Reading:Penang Turf Club: From Racing Legacy to Future Land ProspectsPenang Property Insights: Beautiful Homes by the Sea, Upcoming Mutiara LRT Brings High Return Potential15 Things First-Time Homebuyers Wish They Knew Before Buying Their First House

Worried how global trade shake-ups like new US tariffs might derail your Malaysian property plans?With headlines flying and complex economic jargon, it's easy to feel lost and anxious about your investments. This guide breaks down exactly what you should know about US tariffs and how they specifically affect Malaysian real estate, offering clear insights to help you navigate the market with confidence.US Tariffs VS. Malaysia Real Estate1. What Are the New US Tariffs and How Do They Affect Malaysia?2. How Might US Trade Policies Shake Malaysia's Overall Economy?3. Will US Tariffs Actually Impact Malaysian Real Estate?4. How Will Different Malaysian Property Sectors Navigate These Tariff Challenges?5. With US Tariffs, Is Malaysian Property Still a Good Investment?6. Frequently Asked Questions (FAQs)1. What Are the New US Tariffs and How Do They Affect Malaysia?Source: BrookingsEssentially, US tariffs are taxes slapped on goods imported into the United States. The US has recently rolled out new tariffs targeting various countries, including Malaysia, aiming for what they term more "reciprocal" trade and to address trade imbalances.For Malaysia, this means a 24% tariff has been announced on many Malaysian products sent to the US. It's not an across-the-board tax, though. Crucially for Malaysia, vital exports like semiconductors are currently exempt, which is a huge relief given Malaysia's significant role in the global tech supply chain.However, a range of other goods, from certain electrical and electronic (E&E) items to furniture and palm oil products, will likely face this new import duty.Let's visualize how this could impact some key Malaysian export categories (other than the exempt semiconductors):Malaysian Export CategoryHypothetical Product ExampleCurrent Scenario (No New Tariff)Scenario with 24% US TariffPotential Impact on US Importer/ConsumerElectrical & Electronic (Non-Semi)Assembled Consumer Electronic DevicePrice = RM500Price = RM500 + RM120 (Tariff) = RM620Higher retail price or reduced importer profit marginFurnitureWooden Dining SetPrice = RM2,000Price = RM2,000 + RM480 (Tariff) = RM2,480Significantly more expensive for US buyersPalm Oil DerivativesProcessed Palm Oil for Food/CosmeticsPrice = RM100/unitPrice = RM100 + RM24 (Tariff) = RM124Increased cost for US food/cosmetic manufacturersRubber ProductsIndustrial Rubber HosesPrice = RM300Price = RM300 + RM72 (Tariff) = RM372Higher input costs for US industries using these productsMachinery & EquipmentSpecialized Industrial Machine ComponentPrice = RM10,000Price = RM10,000 + RM2,400 (Tariff) = RM12,400Substantial cost increase for US factories or businesses(Note: This table is illustrative. Actual products and impacts will vary. Tariff calculations are simplified.)The US administration's goal, with actions like these, is to bolster American industries by encouraging businesses to buy more locally produced goods or by prompting changes in other countries' trade policies.2. How Might US Trade Policies Shake Malaysia's Overall Economy?The imposition of US tariffs extends beyond the directly taxed goods, creating ripples throughout the wider Malaysian economy.Economists are closely scrutinizing these developments.Lee Heng Guie, Executive Director of the Socio-Economic Research Centre, stated:"Our economy is still highly vulnerable to tariff war shock in major economies as China, the US and EU accounted for a combined exports share of 33.3% in 2024.""We have revised lower our 2025’s GDP growth estimate to 4% from 5% previously to reflect the impact of tariffs on exports and its spillover effect on domestic consumption and investment."Here's a summary of various economic forecasts and expert commentary regarding the impact on Malaysia:Analyst/Institution2025 GDP Growth Forecast Post-Tariff NewsKey Expert Comments & ConcernsCIMB Securities4.0% (revised from 5.0%)"We are revising down our outlook for Malaysia’s external trade, given weaker US import demand, driven by the imposition of higher tariffs..."United Overseas Bank (UOB)4.0% (potential -0.7ppt from baseline)"We think the prolonged uncertainty and significance of Malaysia’s exposure to the semiconductor segment will impact trade and growth prospects."HSBC Global Research4.8%"Malaysia’s domestic resilience from both consumption and investment looks promising."OCBC Global Markets Research4.5%"The strength in household and investment spending will likely sustain in 2025 while E&E export growth will remain strong, but moderate..."RHB Investment BankExpects export growth of 4.9% in 2025"We are more concerned about the potential spillover effects of slower demand from Malaysia's trade partners, particularly China and the US, should trade tensions escalate."MIDF ResearchExpects export growth of 4.9% in 2025Cautious about risks to external trade from US tariff policies, geopolitical conflicts, and weaker demand from key trading partners.Bank Negara Malaysia (BNM)4.5% - 5.5% (maintained as of March 2025)Growth anchored by domestic demand, but notes "outlook for global growth, inflation and trade is subject to considerable uncertainties surrounding tariff...policies."Star Property (IQI Quote)Potentially +1ppt to GDP over 4 yearsKashif Ansari: "This [China Plus One due to tariffs] policy alone could contribute an additional 1 percentage point to Malaysia's GDP over four years."International Monetary Fund (IMF)4.7% for 2025 (pre-April tariff news)Risks tilted to the downside, including "deepening geoeconomic fragmentation, a growth slowdown in major trading partners."Source: The Edge Malaysia, The Star, Bank Negara Malaysia, IMF, and Star PropertyThis economic pressure can also manifest as potential inflation and increased volatility for the Ringgit exchange rate.Furthermore, while Foreign Direct Investment (FDI) Malaysia might benefit from the "China Plus One" strategy, broader global economic uncertainties can make investors hesitant.The performance of key Malaysia export commodities, such as palm oil and various manufactured goods, remains a critical area to watch.3. Will US Tariffs Actually Impact Malaysian Real Estate?This is where the impact gets very tangible for anyone involved in Malaysian real estate. A primary concern is the effect on construction costs.If essential building materials—think steel, aluminum, lumber, glass, ceramics, and even specialized fixtures—that Malaysia imports directly or that contain imported components face tariffs, then the expense of erecting new homes and commercial buildings will almost certainly climb.As The Hoyt Organization points out, even before the latest announcements, "the projected...increase in tariffs will make it impossible for companies to avoid passing costs down to consumers.""We've seen similar situations in other markets."For example, Houlihan Lokey reports a 34% surge in US material costs from late 2020 to early 2025, largely due to such pressures.Let's break down how specific construction phases or components could be impacted by tariff-related cost increases on materials:Construction Component/PhaseKey Materials Potentially Affected by TariffsHow Tariffs Could Increase CostPotential Knock-on Effect on Project & PriceFoundation & StructureSteel reinforcement bars, structural steel sectionsHigher prices for imported steel or raw materials for domestic steel production if sourced from tariffed nations.Increased fundamental building costs.Building EnvelopeAluminum window/door frames, facade panels (metal/glass), roofing materialsTariffs on processed aluminum, specialized glass, or specific chemical coatings for roofing.Higher costs for exterior finishing and weatherproofing.Interior FinishingCeramic/stone tiles, sanitary ware, kitchen cabinetry, wood flooring, electrical fittingsDirect tariffs on finished goods or on raw materials (e.g., timber for flooring, specific plastics for fittings).Increased costs for making spaces habitable and appealing.Mechanical, Electrical & Plumbing (MEP)Copper pipes/wiring, HVAC units, specialized pumps & motorsTariffs on copper, imported components for HVAC systems, or finished mechanical units.Higher costs for essential building systems.When developers face these rising construction costs, they are often left with tough decisions:Absorb the Costs: This erodes their profit margins, which might be unviable for many, especially in a competitive market.Pass Costs to Buyers: This leads to higher property values for new units. In a strong demand environment, this might be possible, but it can strain housing affordability.Delay or Re-scope Projects: Developers might postpone new launches or alter designs to use less expensive materials or reduce overall project size. Richard Barkham of CBRE noted that such cost increases "could persuade developers to put some projects on hold."Any significant slowdown in new construction could tighten the supply of new properties. While this might benefit existing property owners in the short term by increasing the value of their assets due to scarcity, it could exacerbate broader affordability challenges in the long run.4. How Will Different Malaysian Property Sectors Navigate These Tariff Challenges?The impact of US tariffs on Malaysian real estate won't affect all segments uniformly. Different parts of the market will likely experience the economic climate in distinct ways. Let's delve deeper:a. Residential Real Estatei. Luxury Residential MarketThe luxury residential market, encompassing high-end condominiums and villas in coveted locations like KLCC or Penang's waterfront, could experience a complex tug-of-war.On one side, Malaysia's relative stability and attractive lifestyle, possibly enhanced by a more favorable Ringgit exchange rate for foreign buyers, might attract international capital looking for diversification, especially from regions facing more severe trade restrictions.The recent overhaul and re-launch of the Malaysia My Second Home (MM2H) program, with its new tiered structure (Silver, Gold, Platinum), is strategically designed to lure precisely this demographic of foreign investors and long-stay residents.However, the flip side is that significant global economic uncertainty, amplified by trade war fears, tends to make even affluent buyers more cautious. Large-ticket purchases like luxury properties could be deferred, leading to a slowdown in transactions or a softening of prices in these premium segments.ii. Mid-range and Affordable HousingFor the mid-range and affordable housing segments, the outlook is heavily tied to domestic economic health and job security. If the tariffs lead to a slowdown in Malaysia's export-oriented industries (those not shielded by semiconductor exemptions) and impact employment or wage growth, then local demand for these homes could naturally weaken.This is a particular concern because these buyers are often more sensitive to interest rate changes and overall affordability.Simultaneously, if construction costs escalate due to tariffs on building materials, developers will find it increasingly challenging to deliver genuinely affordable housing projects without compromising on quality or squeezing their already tight margins.This could create a double whammy: reduced buyer capacity and more expensive new units, further straining the government's efforts to address housing affordability.The rental market within these segments might also tighten if the construction of new homes slows significantly. A reduced supply of new rental stock, in areas with ongoing demand, could lead to higher rental asking prices for existing units.b. Commercial Real EstateMalaysia's commercial real estate sector, particularly offices and retail, faces its own set of tariff-induced headwinds. i. OfficeThe office market, especially in urban centers like Kuala Lumpur and the broader Klang Valley, was already grappling with significant vacancy rates and oversupply in certain grades of buildings even before these new trade tensions emerged.If businesses that are heavily reliant on international trade—either as exporters to the US or importers of goods now subject to tariffs—experience reduced profits or scaled-back operations, their demand for office space is likely to shrink.This could manifest as companies delaying expansion plans, consolidating operations, or even downsizing existing footprints. There might be a greater shift towards more flexible workspace solutions, such as co-working spaces, as businesses try to manage costs and uncertainty.While high-quality, green-certified office buildings in prime locations (the "flight to quality" trend noted by CBRE) might still attract tenants, the overall market could see continued pressure on rental rates and occupancy.i. RetailThe retail sector is perhaps even more directly exposed to the consumer impact of tariffs. When imported consumer goods become more expensive due to tariffs, that cost is often passed directly to shoppers.If Malaysian households are already feeling the pinch from potential inflation or economic uncertainty, their discretionary spending is likely to be curtailed.This translates to lower footfall in shopping malls and a more challenging environment for retailers, particularly those selling mid-range to high-end imported goods or international brands that don't have robust local sourcing strategies.Retailers focusing on essential goods or offering strong value propositions might fare better, but the overall sentiment could lean towards caution. We might see tenants negotiating harder on rental terms or even some store closures if sales significantly decline.c. Industrial & LogisticsInterestingly, the industrial and logistics real estate sector in Malaysia could find itself in a surprisingly advantageous position amidst the tariff turmoil. This is largely due to the escalating "China Plus One" strategy being adopted by multinational corporations.As companies worldwide seek to de-risk their supply chains and reduce their over-reliance on manufacturing solely in China—partly driven by the ongoing US China trade war impact on Malaysia and the desire to avoid US tariffs on Chinese-made goods—they are actively looking for alternative manufacturing and sourcing locations in Southeast Asia.Malaysia stands out as a prime candidate due to its established manufacturing ecosystem, skilled labor force, competitive operational costs, good infrastructure, and widespread English proficiency.What does this mean in practical terms? Imagine a large American or European company that assembles consumer electronics. To avoid hefty tariffs if they were to import these assembled goods from their Chinese factories directly into the US, they might decide to shift a significant portion of that assembly work to Malaysia. This creates direct demand for:Modern Factories: Not just basic sheds, but high-specification manufacturing plants equipped for advanced production processes.Warehousing & Distribution Centers: As more goods are manufactured in or transit through Malaysia, the need for sophisticated warehousing—including temperature-controlled facilities for sensitive components, and large-scale distribution hubs located near major ports (like Port Klang or Port of Tanjung Pelepas) and airports—will surge.Specialized Industrial Parks: Development of industrial parks tailored to specific sectors, like E&E, medical devices, or automotive components, could accelerate. The Johor-Singapore Special Economic Zone (JS-SEZ) is a key example of a region poised to capture this demand.Thus, while other property sectors might face headwinds, the industrial and logistics segment could experience a "warehousing boom" and sustained demand, making it an attractive area for developers and investors focusing on this niche.5. With US Tariffs, Is Malaysian Property Still a Good Investment?This is the crucial question, and the answer lies in balancing the new complexities with existing fundamentals. Malaysia does have proactive government strategies, including diplomatic talks and support for SMEs.The critical semiconductor exemption provides a vital economic buffer. Moreover, when compared to some regional peers, Malaysia's 24% US tariff, while substantial, is not the highest in the region, which might offer a sliver of competitive advantage in attracting FDI.CountryAnnounced US Tariff Rate (early 2025)Malaysia24%Vietnam46%Cambodia49%Thailand36%-37%Indonesia32%Philippines18% (or 17%)Singapore10% (baseline)Source: A Job Thing, Property Genie, The Star, and The Edge Malaysia, tariffs discussed around April 2025.However, risks like a global economic slowdown, rising construction costs, and investor caution are significant.As highlighted by Houlihan Lokey, this "unpredictability...is prompting investors... to reconsider or further delay investments."Yet, there's another side. Kashif Ansari of Juwai IQI, quoted by Star Property, suggested the "China Plus One" strategy, driven by intensified US-China tariffs, "could contribute an additional 1 percentage point to Malaysia's GDP over four years.”This underlines the potential for strategic gains. Ultimately, prudent investment during uncertain times means a greater focus on long-term value, location, and project quality rather than speculative short-term gains.Navigating the Malaysian real estate market amid new US tariffs requires a blend of awareness and strategic patience.While economic uncertainties and potential cost impacts are genuine concerns, Malaysia's underlying strengths and the dynamic shifts in global trade also present unique opportunities, especially within the industrial sector.Staying informed and focusing on long-term value will be key for buyers and investors in 2025 and beyond.6. Frequently Asked Questions (FAQs)How exactly might US tariffs lead to higher home prices for average Malaysians? If tariffs increase the cost of imported building materials (like steel, timber, or fixtures), developers may pass these higher construction costs on to buyers, leading to more expensive new homes. Additionally, if the broader Malaysia economy experiences tariff-induced inflation, the general cost of living, including housing-related expenses, could rise.Are there any specific regions in Malaysia that might be more or less affected by these tariffs' impact on real estate? Regions with a high concentration of export-oriented manufacturing (that don't fall under exemptions like semiconductors) might see some economic stress if US orders slow. Conversely, areas slated for significant industrial park development or those along key logistics corridors (like Johor, Penang, parts of Selangor) could benefit from supply chain disruption leading to new FDI in warehousing and manufacturing.What are the most critical building materials whose prices could be pushed up by US tariffs, affecting Malaysian construction? Key materials of concern include steel (for structures), aluminum (for frames, facades), lumber/timber (if imported grades are used), specialized glass, ceramic tiles, and various fittings and fixtures that are often imported or use imported components. Any tariff impacting these directly or indirectly can inflate overall project costs. If US tariffs slow down Malaysia's export economy, how would that affect the demand for commercial properties like offices and retail spaces? A slowdown in the export economy could reduce business expansion and hiring, leading to lower demand for office space. Similarly, if consumer purchasing power decreases due to economic uncertainty or job losses in affected sectors, demand for retail space could also weaken, potentially impacting occupancy and rental rates.What is the Malaysian government doing about these US tariffs? The Malaysian government, led by Prime Minister Anwar Ibrahim, has emphasized a strategy of diplomatic engagement with the US to negotiate the tariffs. They have also announced some relief measures for Small and Medium-sized Enterprises (SMEs) that might be affected and are focusing on diversifying trade partnerships.As a foreign investor in Malaysian property, what should be my biggest concern regarding US tariffs? Your biggest concern would likely be the broader economic slowdown potential that widespread and prolonged tariffs could trigger, both globally and within Malaysia. This could impact property values, rental demand, and the ease of exiting your investment. The Ringgit exchange rate forecast also becomes more pertinent. Given the tariffs, is it wiser to invest in existing Malaysian properties or new developments? There are arguments for both. Existing properties won't face new construction cost hikes directly (though their value could be influenced by market sentiment). New developments might come with modern amenities but could see prices influenced by current material costs. Your decision should weigh the specific location, developer reputation, price point, and your long-term investment goals.US tariffs shifting your Malaysian property plans? Don't navigate this alone. Contact us today for personalized advice and stay ahead of the market changes![hubspot portal="5699703" id="2380afe3-ad4c-4cfa-9abf-d3947e377bf2" version="" type="form"]Continue Reading:Rent vs Buy in Malaysia: Which Makes Sense with Your Current Salary?Lock-in Period in Property Explained: Terms, Duration, and ImpactNeed Some Tips for Buying A Home in Your 20’s? Learn From These First Home Buyers’ Experiences!Reference and CitationAzmi, H. (2025, May 5). In response to US tariffs, Malaysia unveils US$356 million SME relief measures. South China Morning Post. 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Written By Irhamy Ahmad, Founder and Managing Director of Irhamy Valuers InternationalMalaysia is accelerating its shift to renewable energy (RE) to meet rising energy demand and its 2050 net-zero emissions goal. Solar, hydro, biogas, and biomass are central to this low-carbon transition, backed by strong policies and private sector engagementSolar Leads the ChargeSolar energy is Malaysia’s fastest growing RE source. Through the Large-Scale Solar (LSS) program, over 2 GW of capacity is either operational or in development, with LSS5 upcoming. Rooftop solar is also rising via the Net Energy Metering (NEM) program, especially among commercial users.Hydropower & Rural ImpactHydropower remains the most established RE source, especially in Sabah and Sarawak. While large hydro is not always classified as renewable, small hydropower plants are helping provide clean energy to rural communities.Biogas & Biomass: Waste to EnergyMalaysia is leveraging its palm oil and agricultural waste—like POME and empty fruit bunches—for biogas and biomass power generation. These efforts reduce methane emissions and support rural energy access. Supported by Feed-in Tariff (FiT) incentives via SEDA, these projects are growing steadily.National Frameworks Driving the TransitionSeveral national strategies are guiding Malaysia’s clean energy shift: Green Technology Financing Scheme (GTFS): Offers soft loans and guarantees for RE projects.MyRER (Malaysia Renewable Energy Roadmap): Targets 31% RE capacity by 2025, 40% by 2035.NETR (National Energy Transition Roadmap): Aims for net-zero by 2050, focusing on energy efficiency and low-carbon tech.National Biomass Action Plan: Boosts biomass uses through supply chain development and rural investment.Current Progress and Future OutlookAs of 2024, 25% of Malaysia’s installed power capacity comes from renewables. While fossil fuels still dominate generation, the trend is shifting. Nationwide, states are developing diverse RE projects, signalling strong momentum.Challenges persist—especially in grid integration for solar and scaling biogas/biomass—but Malaysia’s direction is clear. With policy support, investment, and innovation, the country is well on its way to a cleaner, more resilient energy future.CLICK FOR MORE INFO!

Written by Shan Saeed, IQI Chief Economist The month of April has commenced with tariffs going global. Trump tariff is the new risk to the global economy and investors are getting ready navigating through these choppy times. At the time of writing this piece, President Trump has given 90 days pause except for China. Wall Street’s benchmark S&P 500 leapt 6% immediately after the announcement, while the tech-heavy Nasdaq Composite soared almost 8%. Global stock markets have plummeted following President Trump's announcement of sweeping tariffs, resulting in the world's 500 richest people losing more than a collective $525 billion in just 3 weeks. Even billionaire supporters who attended Trump's inauguration are facing significant financial losses, proving that no one —regardless of their political connections—is immune to economic shockwaves when worldwide trade tensions escalate.Stock Market and its Impact GloballyTariff creates distortion, inefficiencies and misallocation of resources. Tariffs are stagflationary. I don’t believe in tariffs, quota or protectionism. I am a staunch advocate of free trade in the global economy. I believe in free markets and free flow of goods and services.Tariffs have made huge impact in the US equity markets. Investors have lost $13 trillion YTD. Pure Bazooka. Classic case of epicaricacy.Recession is knocking on the doors on US economy. Recession is a consumer cycle not a business cycle. When consumers don’t spend, businesses don’t invest, then the economy shrinks.I follow Milton Friedman for my economic thoughts, and he has got a huge influence on my personality. And I believe in free markets-The Chicago School way!Both US equity and bond markets are shaking, and global investors are nervous. Three regions will lead the global economy i.e. a) GCC b) ASEAN c) Africa.S&P 500 down 10.3%+ in two days [April 3 and 4]:• October 1987• November 2008• March 2020• April 2024Recession Bells Knocking the Doors in The USABlackRock CEO Larry Fink said that many business leaders believe the United States economy is already in a significant downturn. “Most CEOs I talk to would say we are probably in a recession right now,” Fink said at an event for the Economic Club of New York.Goldman Sachs | Market Pulse - Top Bank Speaks About the Outlook"Expect the US real GDP growth to slow to 1.5% in 2025""Expect US core PCE inflation to rise to 3.5% by year-end 2025""Nearly all survey-based measures of US inflation expectations have risen""In the Euro area, expect real GDP growth of 0.8% YoY in 2025 to improve to 1.1% in 2026""Updated 2025 global equity forecasts: Asia leading at +12% total return""Higher dividend yields from non-US equities may prove attractive amidst peak policy uncertainty"CLICK FOR MORE INFO!