Pavilion REIT Expands Hospitality Portfolio with RM480 Million Acquisition Pavilion Real Estate Investment Trust (Pavilion REIT) has received unitholders’ approval to acquire two prime hospitality assets, Banyan Tree Kuala Lumpur (BTKL) and Pavilion Hotel Kuala Lumpur (PHKL), for RM480 million. This strategic acquisition will expand Pavilion REIT’s portfolio, reinforcing its presence in the Bukit...

Malaysia Property Market 2024: Exceptional Performance Amid Mixed Sentiment The Malaysian property market recorded an exceptional performance in 2024, with the total transaction value hitting RM232.3 billion and the volume of transactions reaching 420,545. This marked a significant 18% increase in value and 5.4% rise in volume compared to 2023, achieving levels not seen since 2011. However, despite this...

Melaka Property Market 2025: Rising Prices and Strategic Investment Opportunities Melaka’s property market continues to thrive, recording steady growth in both residential prices and transaction volume. According to Rahim & Co International Property Consultants Sdn Bhd, the average transacted price of residential properties in Melaka rose to RM340,000 in 2024, compared to RM214,000 in 2015. This...

Khaya Residences – A New Landmark in Bangsar Located at the prestigious junction of Jalan Bangsar and Jalan Pantai Baharu, Khaya Residences is set to redefine urban living in Kuala Lumpur. Developed by the renowned Melati Ehsan Group through Bayu Mantap Sdn Bhd, this iconic 61-storey L-shaped tower comprises 795 serviced apartments, perfectly designed for those seeking luxury, privacy, and an elevated...

Sunway REIT Sells University Campus for RM613 Million: Strategic Move Towards Asset Recycling Sunway Real Estate Investment Trust (Sunway REIT) has announced the sale of the Sunway University and college campus to Sunway Education Group’s Sunway College (KL) Sdn Bhd for RM613 million. The move aligns with Sunway REIT’s strategy to recycle assets, leveraging capital for new investments and reducing...

Malaysia’s Urban Renewal Bill: A Step Towards Modernisation or a Path to Displacement? After more than a decade of planning, Malaysia’s long-awaited Urban Renewal Bill (URA) is expected to be tabled in Parliament in July 2025. The Bill aims to rejuvenate aging urban areas by restoring vibrancy, providing affordable housing, enhancing public facilities, and modernising architectural...

Maybank and CMY Capital Launch Pioneering Single Family Office in FCSFZ In a strategic move to enhance wealth management capabilities, Malayan Banking Bhd (Maybank) and tycoon Tan Sri Chua Ma Yu are set to establish Malaysia’s first single family office under the Forest City Special Financial Zone (FCSFZ). This landmark initiative is expected to position the Johor-Singapore Special Economic Zone...

Johor Property Market 2025: Poised for Growth Amid ASEAN Chairmanship As Malaysia assumes the ASEAN chairmanship in 2025, Johor is set to become a focal point for regional economic integration, increased foreign investment, and heightened property demand. Positioned as a strategic gateway to Singapore, Johor Bahru and the greater Iskandar Malaysia region are emerging as prime investment destinations,...

Sir Jeffrey Cheah Sunway Medical School: Pioneering Medical Education in Malaysia Bandar Sunway, Selangor, is set to become a new hub for medical education with the launch of the Sir Jeffrey Cheah Sunway Medical School. As part of Sunway University, this institution is poised to reshape the training of healthcare professionals, focusing on academic excellence, ethical leadership, and advanced...

RM2.95 Billion Eco Business Park VII Launched in Negeri Sembilan Under MVV 2.0 A tripartite agreement has been signed to develop the much-anticipated Eco Business Park VII (EBP VII) — a new integrated industrial park located in Bukit Pelandok, Negeri Sembilan. With a gross development value (GDV) of RM2.95 billion, the project falls under the ambitious Malaysia Vision Valley 2.0 (MVV 2.0) initiative, a...