Malaysia has demonstrated commendable economic resilience by achieving a gross domestic product (GDP) growth of 3.6% in 2023, according to the Department of Statistics Malaysia (DOSM). This achievement is particularly notable given the challenging global economic environment characterized by geopolitical tensions, rising living costs, and commodity price fluctuations. Services Sector Leading the...

Titijaya Land Unveils The Ria: New Serviced Apartment Development in KL Sentral Titijaya Land Bhd (KL) announced the launch of its latest serviced apartment development, The Ria, on July 27, 2024. According to a press statement released the following day, The Ria is a 63-storey residential tower located in KL Sentral, Kuala Lumpur. This development is part of the second phase of the...

Kuala Lumpur, Malaysia's vibrant capital city, is home to 1.8 million residents and is globally recognized for its impressive skyline, featuring iconic structures such as the Petronas Twin Towers and The Exchange 106. This bustling metropolis boasts a well-developed road network that offers excellent connectivity and travel convenience. With its affordable cost of living, Kuala Lumpur attracts expatriates...

Ecofirst Consolidated Bhd Reports Impressive Q4 Results Fueled by KL-48 Project Sales Property developer Ecofirst Consolidated Bhd (KL) has announced a remarkable increase in its net profit for the fourth quarter, largely attributed to the higher sales conversion rate for its KL-48 project in Chan Sow Lin, Kuala Lumpur. The net profit for the three months ending May 31, 2024 (4QFY2024), more than doubled...

Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,200 hotels in more than 95 countries, has announced an exciting new addition to its portfolio: the Wyndham Semporna Resort. This prestigious partnership with Goldstone Holdings will bring a new level of luxury to the eastern coast of Sabah, Malaysia. Expected to open in 2026, the Wyndham Semporna Resort will...

Progress and Challenges of Sabah’s Pan Borneo Highway Project Phase 1A of the Pan Borneo Highway project in Sabah is making significant strides with a completion rate of 77.91 percent, according to Federal Works Minister Dato’ Seri Alexander Nanta Linggi. This phase, which includes 15 work packages, has already seen the completion of four packages, with the remaining 11 still under...

Novo Ampang is a prestigious freehold serviced residence located in the upscale Ampang Hilir area of Kuala Lumpur. Known for its strategic location, luxurious amenities, and exceptional design, Novo Ampang offers residents a lifestyle of convenience and sophistication. Prime Location Novo Ampang's prime location is one of its most appealing features. Situated close to some of the best shopping centers...

Malaysia's Economic Diversification: Embracing Innovation Amid Fiscal Challenges Malaysia is making remarkable strides in economic diversification, utilizing innovative measures to overcome fiscal challenges. A joint report by the United Nations Development Programme (UNDP) Malaysia and the Malaysian Industry-Government Group for High Technology (MIGHT) highlights Putrajaya's strategic initiatives to...

Maxim Global Bhd is set to make a significant impact in the property market with the launch of properties totaling over RM1 billion in gross development value (GDV) this year. Among these is the much-anticipated development, The Atas, in Taman Desa, which was launched recently with a GDV of RM580 million. This landmark project showcases Maxim's commitment to delivering luxury living spaces that cater to...

Selangor Achieves High-Income Status: Insights and Implications Selangor, one of Malaysia's most prominent states, has officially joined the ranks of high-income states, according to a recent announcement by Apurva Sanghi, World Bank lead economist for Malaysia. This milestone marks a significant achievement for Selangor and reflects the broader economic progress within Malaysia. Selangor's Economic...