News

NGO Calls for Penang Turf Club Land to Become Public Green Space After Closure The impending closure of the historic Penang Turf Club, after more than 160 years of operation, has reignited calls for land preservation in Penang. Local NGO Penang Forum is urging the state government to place the 93-hectare site under a Special Area Plan (SAP) to safeguard its original recreational purpose and convert it...

IWG Unveils Signature Centre at Menara Merdeka 118, Elevating Hybrid Work in Kuala Lumpur International Workplace Group (IWG) has officially launched its newest Signature centre in Menara Merdeka 118, marking a significant expansion in its premium flexible office offerings in Kuala Lumpur. Located in Malaysia’s tallest skyscraper and one of the world’s tallest buildings, this new IWG location...

TRX Greenlights New Office Tower for PwC Malaysia, Marking Next Milestone in Financial District Vision TRX City Sdn Bhd, the master developer of the Tun Razak Exchange (TRX), has received full approval to begin construction on a new Grade A office tower that will house PwC Malaysia’s future headquarters. Set within the 70-acre TRX financial district, this move underscores the project’s long-term...

Chin Hin and Fiamma Announce RM1.03 Billion Mixed-Use Development Near KLCC In a move set to reshape Kuala Lumpur’s luxury property landscape, Chin Hin Group Property Bhd (CHGP) and Fiamma Holdings Bhd have entered into a joint venture to develop a RM1.03 billion mixed-use project in the heart of KLCC. The development will rise on a 1.88-acre freehold parcel owned by Fiamma’s subsidiary, Sinaran...

Malaysia Property Market Outlook 2025: Where Are Prices Heading? The Malaysian property market enters 2025 on a cautiously optimistic note, supported by a stable economy, infrastructure growth, and evolving buyer demands. Whether you're an investor, first-time buyer, or simply exploring the market, understanding where prices are heading and which areas are hot can help you make smarter real estate...

Ivory Properties Revokes Penang Land Deal Amid Subsidiary Liquidation Ivory Properties Group Bhd (KL: IVORY) has officially terminated its previously agreed Penang land deal with Chin Hin Property (Penang) Sdn Bhd, citing the entry of its subsidiary Ivory Gleneary Sdn Bhd (IGSB) into creditors’ voluntary liquidation. This decision marks a significant turn in the development trajectory of a 1.22-acre...

Kuala Lumpur’s Future Skyline: Where Armani Hallson KLCC Fits In The skyline of Kuala Lumpur is more than just a visual marvel—it’s a symbol of ambition, economic power, and global relevance. With new architectural icons emerging, one project in particular is making waves in the heart of the city: Armani Hallson KLCC. This luxurious freehold development by Armani Group isn’t just a...

Sunway Square Mall Set to Open in September 2025, Enhancing Sunway City’s Lifestyle Ecosystem Sunway Malls has officially announced the launch of its 10th mall, the Sunway Square Mall, slated to open in September 2025. Located in Sunway City Kuala Lumpur, the development will span 300,000 sq ft of net lettable area across four floors and will house over 150 retail and lifestyle outlets. Positioned as a...

Ho Hup Sells RM13 Million Bukit Jalil Office Floors to Insas for Debt Repayment Ho Hup Construction Company Bhd (KL:HOHUP) is making strategic capital moves, confirming the disposal of two commercial floors in Ho Hup Tower to substantial shareholder Insas Bhd for RM13 million. This real estate transaction, involving key entities within both groups, signals a dual objective — to improve cash flow and...

Chin Hin Secures RM307 Million from AmBank for Klang Valley, Sabah & Sarawak Growth Projects In a strategic move reinforcing Malaysia’s ongoing urban and infrastructure development, AmBank Group has approved RM307 million in financing facilities to support Chin Hin Group Bhd's property and civil engineering projects across the Klang Valley, Sabah, and Sarawak. The facilities are channelled through...