Malaysia’s economy grew 4.4% in the first quarter of 2025, supported by resilient household spending, a firm labour market, and steady export performance, Bank Negara Malaysia (BNM) announced today. The figure confirms earlier estimates, though it reflects slight moderation from the previous quarter.

Private consumption remained a key driver, expanding 5% year-on-year from January to March, slightly below the 5.3% growth in Q4 2024. BNM attributed the sustained household spending to positive employment conditions and supportive policy measures, including higher minimum wages and revised civil servant salaries.

Private investment rose 9.2%, driven by expenditure on structures and equipment, though this marked a slowdown from the 12% growth in the prior quarter. Public investment outpaced private inflows, growing 11.6% versus 10% previously.

Export growth, however, slowed significantly to 19.6% from 63.6% in Q4, due to weaker mining exports. BNM warned of ongoing trade uncertainties linked to the US’s “Liberation Day” tariffs, introduced by President Donald Trump, which could further dampen trade outlooks.

BNM Governor Datuk Seri Abdul Rasheed Ghaffour said the bank is reviewing its 2025 growth forecast, currently estimated between 4.5% and 5.5%, with a revised figure expected within two months. The outcome of ongoing trade negotiations between Malaysia and the US will be a key determinant.

Around 68% of Malaysia’s exports are subject to the new tariffs, though about half—primarily electrical and electronics products—are exempted. Should talks fail, BNM anticipates softer domestic spending and investment, especially given that 30% of labour income and 20% of employment are tied to export-driven sectors.

Despite external risks, the central bank maintained that Malaysia is “facing these challenges from a position of strength” and expects household consumption to continue supporting growth.

Inflation cooled in the first quarter, with headline inflation easing to 1.5% from 1.8% in the previous quarter. This was largely due to a decline in utilities inflation to 3.0%, following the fading impact of earlier tariff adjustments and electricity price hikes for high-usage households.

While headwinds persist, particularly on the trade front, Malaysia’s strong domestic fundamentals provide a cushion against global uncertainties.

About D’Aleena

D’Aleena is a serene, nature-inspired township in the heart of Tasek Gelugor, offering a harmonious blend of peaceful living, community spirit, and modern convenience. Following the successful sell-out of its Double-Storey Shop Offices, the latest launch features over 1,000 Single-Storey Terrace Homes and 94 Shop Offices, forming part of a larger vision to develop around 4,000 landed homes.

Surrounded by lush greenery, residents enjoy access to unique amenities such as a mangrove park, reflexology paths, and bicycle tracks — fostering a close-knit, outdoor lifestyle. Strategically located with easy access to the North-South Expressway and nearby nature spots like Bukit Katak, D’Aleena offers the perfect balance of urban connectivity and natural charm.

Find out more about D’Aleena

In the heart of fastest-growing urban township, Seiras Residences at Utropolis Batu Kawan by Paramount Property breaks new ground as the first development in Penang to introduce triple-key homes, purposefully designed for flexible living and co-living lifestyles.

Whether you’re a young professional, savvy investor, digital nomad, or multi-generational family, Seiras offers a home that adapts to you, not the other way around.

The First Triple-Key Homes in Penang: Flexibility Meets Opportunity

Seiras Residences redefines what it means to own a home. With innovative layouts that cater to modern demands, you can live, rent, or share—on your terms.

Each 1,033 sq ft unit comes in two versatile designs:

• Type A (Dual-Key Layout) – Ideal for families and young professionals who want to live and rent at the same time. The additional studio unit with a private entrance provides an excellent source of rental income.
• Type B (Triple-Key Layout) – Perfect for co-living arrangements, expatriates, or multi-tenant leasing, this layout divides the space into three separate living areas, each with its own balcony and en suite bathroom.

With 2–3 dedicated parking spaces per unit and built-in rental-ready layouts, Seiras is more than a residence—it’s a strategic investment in Batu Kawan’s booming property market.

A Purpose-Built Co-Living Experience in Batu Kawan

Today’s lifestyle isn’t just about owning space—it’s about community, connection, and convenience. That’s why Seiras is built around a co-living ecosystem that enhances both personal and social living.

Co-Living Ready Facilities – Spread Across 3 Levels:

Level 9 – Where Work & Social Life Meet

• Co-working spaces & private offices
• Co-kitchen & community dining area
• Gym, pickleball court, sports & gaming lounge
• Forest lounge & sky-viewing deck

Level 11 – Wellness & Relaxation

• Olympic-length pool & jacuzzi
• Wading pool & pool deck
• Laundry room for added convenience

Plus, the ground-floor commercial spaces will bring trendy cafés, convenience stores, and retail shops, making it easy to grab a bite, shop, or meet friends, all without leaving home.

From focused work zones to shared kitchens and fitness hubs, Seiras creates a balanced lifestyle that encourages productivity, wellness, and meaningful interaction—all under one roof.

Seiras: At the Center of Batu Kawan’s Urban Transformation

Seiras is located within the thriving 44.3-acre Utropolis Batu Kawan, surrounded by essential amenities:

• Education: UOW Malaysia KDU Penang, The Ship Campus
• Healthcare: Columbia Asia Hospital
• Shopping & Lifestyle: IKEA, Klippa Mall, Decathlon, Design Village Outlet Mall
• Accessibility: 1km to Sultan Abdul Halim Muadzam Shah Bridge, near major highways & Penang International Airport

As Batu Kawan rapidly evolves into Penang’s next urban core, Seiras stands at the forefront—offering a rare combination of future-ready living, strategic location, and smart investment potential.

Seiras Residences – The Future of Living Is Now

Whether you’re looking to grow your income, build community, or live with freedom and privacy, Seiras unlocks the flexibility you’ve been waiting for.

Show unit available for viewing!  Visit the Paramount Property Gallery @ Utropolis Batu Kawan now and speak with property experts to secure your ideal home before it’s too late.

For more details, visit: https://paramountproperty.my/developments/utropolis-batu-kawan/seiras-residences/

For inquiries & bookings: Call 012-5010733
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About Eden at Botanica CT

Eden at Botanica CT is Penang’s First Integrated Senior Living Resort, situated near the town centre of Balik Pulau, which is at the Southwest of Penang Island and located 17 km away from the Penang International Airport.

Nestled within the 300-acre Botanica.CT garden township which already features terrace homes, semi-detached homes, bungalows, Botanica CT Centre, and the award-winning Prince of Wales Island International School. Eden at Botanica CT is set to enhance the township’s vision of a self-sustaining, vibrant community. Future developments, including Selgate Specialist Hospital Pulau Pinang and a Wetland Park, will further enrich the living experience. Eden at Botanica CT is set to enhance the township’s vision of a self-sustaining, vibrant community. Upcoming developments, including private healthcare-Selgate Specialist Hospital Pulau Pinang, a Wetland Park will further enrich the community.

Eden at Botanica CT is an Integrated Senior Living Resort that comprises of two components that complement each other – the Active Living Resort and the MOH  Licensed Care Residence providing professional licensed nursing care services. The Active Living Resort consists of two blocks of 350 residential units. Current progress, the piling works have been successfully completed and  foundation works are currently in progress on-site.

For further enquiries, please contact Eden at Botanica CT at 

017-311 2699 or 04-866 2399

Visit the Show Gallery at:
Eden at Botanica CT Show Gallery 
No.32-32A, Jalan Sungai Air Putih,
11000, Balik Pulau, Penang.

Penang is set to boost its gold and jewellery sector with the proposed Batu Kawan Gold Industrial Zone, Chief Minister Chow Kon Yeow announced during the 63rd anniversary of the Province Wellesley Gold and Silver Ornaments Merchants Association (PWGS) at the Iconic Marjorie Hotel in Bayan Lepas.

Chow emphasised the state’s commitment to building a globally competitive ecosystem rooted in craftsmanship, cultural heritage, and innovation. “Seberang Perai, especially Batu Kawan, has become one of Penang’s most promising economic corridors. The proposed industrial zone aims to transform the area into a regional hub for gold trading and innovation,” he said.

He revealed that two major developments within the zone are nearing completion and will soon begin operations. These projects are expected to generate high-skilled employment, facilitate technology transfer, and enhance the economic value of the sector.

Penang’s strong retail performance in gold, coupled with its status as a key tourism destination, provides a solid foundation for growth. With shifting global investment trends and the impact of US import tariffs, gold and silver have gained popularity as preferred commodities. Chow noted that Penang’s logistical infrastructure positions it well to become a regional re-export hub for gold-based products.

He commended PWGS for its six decades of contribution to the industry, calling the anniversary a testament to the association’s unity, resilience, and progressive leadership. Chow also recognised the association’s pivotal role in shaping the vibrant and competitive gold and jewellery landscape in Penang today.