News

Paramount Plans RM66.3 Million Shareholder Loans for Mitsui Fudosan Joint Venture Paramount Corporation Bhd expects to provide approximately RM66.3 million in shareholder loans to Meridian Kuasa Sdn Bhd, the project company for its proposed joint venture with Japan's Mitsui Fudosan (Asia) Malaysia Sdn Bhd. The financial commitment was disclosed in a supplementary Bursa Malaysia announcement dated 10...

Avaland's Accent Petaling Jaya Records 60% Take-Up at Official Launch Avaland Bhd has officially launched Accent Petaling Jaya, a RM400 million residential development in Section 13, Petaling Jaya, achieving a reported 60% take-up rate following the commencement of sales on 1 September 2026. The project was officially unveiled on 14 November 2026, marking the introduction of Avaland's new Accent...

Sunway Ipoh Mall 80% Leased Ahead of 2027 Opening, With 25 Brands Unveiled Sunway Ipoh Mall has secured leasing commitments for 80% of its retail space ahead of its scheduled fourth-quarter 2027 opening, marking a major commercial milestone for the RM1 billion shopping centre within Sunway City Ipoh, Perak. Sunway Malls announced the progress on 6 October 2026, alongside the unveiling of 25 major...

8 Conlay RM700 Million Rescue: Buyers Face Three Options and LAD Waiver The proposed RM700 million rehabilitation of 8 Conlay in Kuala Lumpur has reached a critical stage, with existing purchasers being offered three options to resolve their long-delayed property purchases under a restructuring plan involving Magna Prima Bhd. The proposed arrangement would allow buyers to retain their original 8 Conlay...

Kimori Residences Bukit Serdang Records 73% Phase 1 Bookings Premierex Sdn Bhd has officially launched Kimori Residences in Bukit Serdang, Selangor, with 73% of its Phase 1 units already booked, reflecting early buyer interest in the latest freehold condominium development within the established Seri Kembangan residential market. The project was unveiled on 3 October 2026 at the Kimori Showroom and...

Kuala Lumpur Office Market 2Q2026: Occupancy and Rents Rise as Leasing Strengthens Kuala Lumpur's office market recorded stronger leasing activity in the second quarter of 2026, with net absorption exceeding one million sq ft and average occupancy across KL City improving to 73.9%, according to the latest Knight Frank Kuala Lumpur and Selangor Office Monitor. The findings, published by The Edge...

Johor–Singapore RTS Link: Economic Benefits and Property Impact May Take Time The Johor–Singapore Rapid Transit System (RTS) Link is expected to begin passenger services in February 2027, introducing a new cross-border rail connection that could gradually reshape commuting patterns, consumer spending and residential choices between Johor Bahru and Singapore. The revised opening target was announced...

Park Regent Desa ParkCity Wins Two Awards at EPEA 2026 Park Regent at Desa ParkCity has received two major honours at the EdgeProp Singapore Excellence Awards (EPEA) 2026, recognising the completed freehold residential development for its luxury positioning, architectural design and integration with the surrounding lakeside environment. The 505-unit development, jointly developed by Malaysia's ParkCity...

Kuala Lumpur Named Among Frommer's Best Places to Go in 2027 Kuala Lumpur has earned a place on Frommer's Best Places to Go in 2027 list, with the upcoming East Coast Rail Link (ECRL), the city's distinctive skyline and its cultural diversity contributing to its international travel appeal. The recognition was highlighted in early November 2026 by Frommer's editor-in-chief Jason Cochran, who identified...

Pavilion Kuala Lumpur Opens 69,000 Sq Ft Retail Precinct With 26 Brands Pavilion Kuala Lumpur has unveiled a new 69,000 sq ft retail precinct on Level 3, introducing 26 fashion, beauty and dining brands to one of Kuala Lumpur's most established shopping destinations. Officially introduced on 4 November 2026, the new precinct, named Journey to Finer Joys, is opening in phases, with 11 brands forming its...