Kanger International Bhd, a company known for its diverse business ventures, is making significant strides in the real estate sector. In a recent development, the company has acquired 15 units of proposed serviced apartments in Tower A of the prestigious Antara Genting Highlands Resort Suites for a total of RM19.77 million. This strategic investment reflects Kanger's commitment to expanding its property...
Cornell Academy, a local hospitality education institution, has entered into a partnership with Universiti Sains Malaysia’s (USM) Graduate School of Business and King’s Park Genting Highlands to provide training opportunities for its students. This collaboration, signed on October 8, aims to enhance the skills and knowledge of students in the hospitality and business management sectors. Under the...
Genting Highlands is poised to become home to the largest Hard Rock Hotel in Asia, with the opening of Hard Rock Genting Highlands scheduled for 2027. This exciting development is part of the King's Park integrated mixed-use development, spanning 150 acres (60.7 hectares) in Genting Highlands. Hard Rock Genting Highlands is a 45-storey hotel that will feature 371 rooms and 630 suites, bringing the total...
Fitch Ratings has revised its revenue expectations for Genting Malaysia, operator of Resorts World Genting in Malaysia, casinos in New York, and Europe. The adjustment, which sees a 5% reduction on average for 2023 and 2024, is attributed to the slower-than-expected recovery observed in the first half of this year. Despite this revision, Fitch maintains Genting Malaysia's Long-Term Issuer Default Rating...
Genting Highlands, often dubbed the "City of Entertainment," is rapidly transforming into a sought-after real estate destination. Nestled amidst the Titiwangsa Mountains, this highland paradise offers more than just entertainment and leisure. Here are compelling reasons why investing in property in Genting Highlands is a smart move: 1. Thriving Tourism: Genting Highlands is a magnet for tourists. In 2022...
Resorts World Sentosa (RWS), under the Genting Group, is anticipated to reap the rewards of the resurgence in Chinese travelers, a positive trend for Singapore's integrated resorts. Industry publication Inside Asian Gaming (IAG) reported that the upswing in Chinese tourist numbers presents a promising outlook for both RWS and Marina Bay Sands, which reported robust financial performance in the second...
Property developer NCT Noble Sdn Bhd handed over the first instalment of refunds to purchasers of Phase 2 and 3 of the abandoned project called The Genting Valley Batang Kali, recently. The cheque handover ceremony, held by NCT and Scheme Manager, CRS Corporate Services Sdn Bhd (CRS), marks a significant day for the purchasers of the previously abandoned project as they received the first instalment...
Tropicana Windcity, a Genting Highlands mid-hill township developed by Tropicana Corp Bhd, will be a well-planned holistic retail, recreational, and residential sanctuary. Tropicana Grandhill, Tropicana Paradise, and Tropicana Avalon are three distinct masterplans that will span 112 acres, 308 acres, and 176 acres, respectively, within the 596-acre township. Tropicana WindCity is envisioned with...
ANTARA is a new high-rise residential project in Genting Highlands spanning across 2.1ha of land developed by Aset Kayamas. Consisting of four towers of 44 and 46 storeys, Antara offers a total of 1,460 units with Tower A and D comprising 374 units, and Tower B and C with 356 units. Inspired by elements of Balinese society, Tower A and B are named Ayu Resort Suites while Tower C and D are called Air...
Tropicana Corp Bhd has completed the acquisition of a plot of freehold land measuring 84 hectares (ha) next to its Tropicana Grandhill property project in Bentong, Pahang. Its wholly-owned indirect subsidiary, Tropicana Inspirasi Indah Sdn Bhd (formerly known as Snowflakes Realty Sdn Bhd) last week paid the balance purchase consideration for the acquisition of the land from Emerald Hectares Sdn...