Hap Seng Land Completes KL Midtown Signature Office Towers Hap Seng Land Sdn Bhd has unveiled the completed KL Midtown Signature Office Towers, bringing 453,000 sq ft of new Grade A office space to Dutamas, Kuala Lumpur. The twin towers form part of the wider KL Midtown integrated development and are positioned for companies seeking modern offices with stronger sustainability credentials, digital...

Merdeka 118 Officially Renamed Menara Merdeka Maybank Menara Merdeka 118 has been officially renamed Menara Merdeka Maybank following Maybank’s relocation into the landmark Kuala Lumpur tower as its new corporate headquarters. Malaysia’s largest bank by assets confirmed that the registered address of its headquarters is now Level 70, Menara Merdeka Maybank, Presint Merdeka 118, 50118 Kuala...

EmHub Kota Damansara: The Benchmark for Ramp-Up Factories EmHub matters because it is no longer a concept shown through floor plans and artist impressions. It is a completed ramp-up business hub with operating companies, a resale market, rental listings and several years of transaction evidence. That makes it one of the most useful reference projects for understanding this emerging property category in...

Binastra Cochrane vs Sunway Cochrane: Which Is Better? Binastra Cochrane and Sunway Cochrane compete for almost the same buyer. Both are freehold serviced-apartment developments in the Cochrane area. Both benefit from Cochrane MRT, MyTOWN Shopping Centre, IKEA Cheras, Sunway Velocity and the short train journey to TRX. Their unit sizes also overlap closely, ranging from approximately 650 sq ft to just...

COMPASS @ Kota Seri Langat Reaches Full Take-Up COMPASS IP Sdn Bhd has signed a sale and purchase agreement for the final 36-acre parcel at COMPASS @ Kota Seri Langat, marking the full take-up of the 220-acre freehold managed industrial park in Selangor. The buyer, Global Data Infrastructure Sdn Bhd, is part of a global infrastructure development consortium specialising in data centres. It intends...

Beverly Group Plans RM1.1 Billion Luxury Project In TRX Beverly Group is planning a RM1.1 billion luxury serviced apartment development on a freehold site within Tun Razak Exchange, marking the developer’s entry into Kuala Lumpur’s premium city-centre residential market. The project will occupy a 1.08-acre parcel acquired through a joint venture involving Beverly Group, Adamantine Capital Pte Ltd...

Sime Darby Property Secures A Fairly Priced KLCC-Fringe Site Sime Darby Property Bhd appears to have secured a reasonably priced city-centre redevelopment opportunity through its proposed RM160 million acquisition of Wisma Unirazak, although the future project will enter an increasingly competitive Kuala Lumpur high-rise market. Research houses including Maybank Investment Bank described the...

Seremban And Nilai Are Becoming A Connected Growth Corridor Seremban and the wider Nilai corridor are increasingly being shaped as part of a connected urban and industrial region rather than as separate towns outside the Klang Valley. Their growth is being supported by a combination of industrial investment, highway and rail infrastructure, proximity to Kuala Lumpur International Airport, available...

RTS Link Could Bring RM3.3 Billion More Spending Into Johor Bahru The upcoming Rapid Transit System Link could generate an additional RM3.3 billion in annual spending by Singaporeans in Johor Bahru, according to a new study on the project’s impact on cross-border consumer behaviour. The study, titled “Impact of RTS on Singapore Retail and F&B Sector”, projects that the RTS Link could lead to a...

Wolo Mont Kiara Moves Forward With RM439.4 Million Building Contract Wolo Mont Kiara is moving closer to construction after GDB Holdings Bhd secured a RM439.4 million contract to build the planned 60-storey mixed-use tower in Kuala Lumpur. Officially known as Wolo Hotel & Residences, the project will be developed by Magma Kiara Sdn Bhd, a wholly owned subsidiary of Magma Group Bhd. The construction...