News

Unlocking Opportunity: Abandoned Buildings in Kuala Lumpur Set for Transformation In the heart of Malaysia’s bustling capital, a new urban narrative is taking shape. While Kuala Lumpur is known for its gleaming skyscrapers and world-class developments, abandoned buildings in Kuala Lumpur are quietly becoming the city’s next big investment opportunity. From iconic streets like Jalan Bukit Bintang to...

LSH Capital to Transform KL Tower Precinct into Iconic Tourism & Cultural Destination Property developer and construction firm Lim Seong Hai Capital Bhd (LSH Capital) is embarking on an ambitious journey to revitalise the iconic Kuala Lumpur Tower (KL Tower) and its surrounding 10-acre site into an integrated tourism, retail, and cultural landmark. On March 27, 2025, LSH Capital announced that it had...

Persistent Oversupply Keeps Office Vacancy Rates High in Klang Valley As of the fourth quarter of 2024, Klang Valley’s office market continues to struggle with persistently high vacancy rates, a reflection of ongoing oversupply amid evolving workplace trends. According to Bank Negara Malaysia (BNM), the total stock of office space rose to 121.7 million square feet, up from 121 million sq ft in the...

Why KL Wellness City Is the Next Big Thing in Healthcare Real Estate KL Wellness City is fast becoming one of Kuala Lumpur’s most exciting new developments, combining healthcare, real estate, and wellness tourism in a single, integrated township. As of now, the project has achieved 50% completion, ahead of schedule — setting a new standard for wellness-focused development in Malaysia. A New Era for...

How Global Trade Wars Impact Malaysia's Property Market Amid rising global economic uncertainties and escalating trade tensions between major economies like the United States and China, Malaysia's property market stands at a pivotal point. The ripple effects of trade wars are not just felt on stock exchanges or in import-export statistics—they also subtly but significantly influence the real estate...

Malaysia’s Housing Loan Growth Slows to 6.9% in 2024, But Remains Sound and Owner-Driven Malaysia’s housing loan market remained stable in 2024, despite a slight year-on-year (y-o-y) slowdown in growth to 6.9%, compared to 7.3% recorded in 2023. According to Bank Negara Malaysia’s (BNM) Financial Stability Review — Second Half 2024, the primary drivers behind this sustained growth were...

SouthPlace Residences @ Tropicana Metropark: Keys Handed Over for 100% Sold Project with Outstanding QLASSIC Score Tropicana Corp Bhd recently marked a significant milestone with the successful delivery of vacant possession to homeowners of SouthPlace Residences at Tropicana Metropark, Subang Jaya. The highly anticipated serviced residence is 100% sold and has achieved an impressive Quality Assessment...

Hotayi Launches RM500 Million Smart Factory in Batu Kawan, Creating 1,000 High-Skilled Jobs Batu Kawan, Penang – In a significant boost to Malaysia’s high-tech manufacturing sector, Taiwanese electronics manufacturing services provider Hotayi Electronic (M) Sdn Bhd has launched Phase 3 of its expansion with a RM500 million investment in a new smart manufacturing facility. Spanning 380,000 sq ft, the...

Nestlé Malaysia Launches RM250 Million Regional Logistics Hub in Port Klang In a significant move aimed at enhancing its supply chain capabilities and export efficiency, Nestlé (Malaysia) Bhd (KL:NESTLE) has officially broken ground on a RM250 million integrated logistics hub in Port Klang. The facility is expected to be fully operational by Q1 2026, serving as a regional hub for Nestlé’s export and...

Malaysia’s Inflation Slows to 1.5% in February 2025 as Food and Housing Costs Stabilise Malaysia’s headline inflation cooled to 1.5% year-on-year in February 2025, offering a sign of relief for consumers and businesses navigating cost-of-living pressures. The data, released by the Department of Statistics Malaysia (DOSM), shows that inflation has slowed from 1.7% in January, in line with Bloomberg’s...