News

CloutHaus KLCC Presented To Singapore Investors TA Global has brought CloutHaus KLCC to Singapore as part of the international sales rollout for its 615-unit luxury serviced apartment tower in Kuala Lumpur City Centre. The investor preview was held on July 25 and 26 at Paradox Singapore, a hotel owned by TA Global and formerly known as Swissotel Merchant Court. Savills and SRI are jointly marketing the...

LSH Capital Plans RM1.91 Billion Subang Jaya–Batu Tiga Project Lim Seong Hai Capital Bhd is proposing to acquire approximately 17.4 acres of freehold land within the Subang Jaya–Batu Tiga corridor for RM197.9 million, with plans to develop a large mixed-use project carrying an estimated gross development value of RM1.91 billion. The acquisition will be undertaken through LSH Capital’s wholly...

118 Mall Prepares For November Opening 118 Mall is moving closer to its planned November opening after more than 200 retail partners gathered for the development’s inaugural Retailers’ Get-Together at Park Hyatt Kuala Lumpur. The upcoming mall will form a major component of the wider Merdeka 118 precinct beside Menara Merdeka Maybank, the landmark tower formerly known as Merdeka 118. More than 300...

Malaysia’s Data Centre Boom Is Changing The Property Market Malaysia’s rapid emergence as a regional data centre hub is reshaping the property market beyond the conventional sale of industrial land. Over the past two to three years, demand from hyperscalers, cloud operators and artificial intelligence infrastructure providers has strengthened interest in selected industrial corridors, especially in...

CHGP Provides More Detail On The NeX Kota Damansara Chin Hin Group Property Bhd has outlined the development and funding plans for The NeX Kota Damansara, a proposed RM449.43 million integrated industrial-commercial hub that will mark the group’s first entry into the industrial property segment. The project is planned on an approximately four-acre leasehold site currently occupied by a factory and...

AEON Mall KL Midtown Expected To Open With 75%-80% Occupancy AEON Mall KL Midtown is expected to contribute approximately 2% of AEON Co (M) Bhd’s revenue for the financial year ending Dec 31, 2027, according to TA Securities. The research house anticipates that the new mall will achieve an occupancy rate of between 75% and 80% when it opens in the final quarter of 2026. AEON Mall KL Midtown has...

Are Kuala Lumpur’s 139 Redevelopment Areas A Real Pipeline? The debate surrounding Kuala Lumpur’s 139 potential redevelopment areas has moved beyond whether the city needs urban renewal. The more important question is how many of these locations are realistically capable of being redeveloped. Housing and Local Government Minister Nga Kor Ming has repeatedly referred to 139 areas identified...

Wolo Mont Kiara Launches With RM850 Million GDV Wolo Mont Kiara KL is scheduled for its official launch on July 31, 2026, introducing a RM850 million mixed-use branded residence and hospitality development to the Mont Kiara property market. Developed by Magma Group Bhd, the 60-storey project will comprise 378 serviced apartments, 98 serviced suites, a 63-room boutique hotel, retail space and supporting...

Malaysia’s Holiday Home Sector Generated RM2.2 Billion Malaysia had 71,101 holiday homes operating nationwide in 2025, generating an estimated RM2.2 billion in revenue, according to the Department of Statistics Malaysia. The figures were published in the Holiday Homes Statistics Bulletin: Economic Census 2026, the country’s first official statistical publication providing holiday home data by state...

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...