UEM Sunrise Receives Full RM415 Million From EXSIM for KLCC Development Rights UEM Sunrise Bhd has received the full RM415 million guaranteed payment from EXSIM for development rights over a 1.59-acre freehold commercial site near Kuala Lumpur City Centre (KLCC), marking an important financial milestone for the proposed mixed-use development. In a Bursa Malaysia announcement dated 30 October 2026, UEM...
The Ashbourne Kuala Lumpur Review: Is Paramount's U-Thant Residence Worth Buying? The Ashbourne is a 41-storey freehold serviced residence development by Paramount Property, located on 3.76 acres in Kuala Lumpur's established U-Thant Embassy Row enclave. Its defining features include a private lift lobby for every residence, spacious layouts ranging from 1,491 to 2,661 sq ft, and dedicated lifestyle...
Ombak KLCC Opens With 120 Retail Spaces And Galeri PETRONAS Ombak KLCC Officially Opens On August 21 Ombak KLCC officially opened its doors to the public on Aug 21, 2026, adding a new retail, dining and cultural destination to the Kuala Lumpur City Centre precinct. Located at Plaza Ombak KLCC, 20 Persiaran KLCC, the development sits beside KLCC Park and within walking distance of Suria KLCC and the...
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...
Sime Darby Property Secures A Fairly Priced KLCC-Fringe Site Sime Darby Property Bhd appears to have secured a reasonably priced city-centre redevelopment opportunity through its proposed RM160 million acquisition of Wisma Unirazak, although the future project will enter an increasingly competitive Kuala Lumpur high-rise market. Research houses including Maybank Investment Bank described the...
KL City Gateway Brings Maple Hospitality Into Sutera Suites KL City Gateway has appointed Maple Hospitality Group as the hospitality and short-term rental management partner for Sutera Suites, the first development within the KL City Gateway masterplan in Kuala Lumpur. The appointment follows the signing of a Memorandum of Understanding between KL City Gateway and Maple Hospitality Group. Under the...
Prime land in Kuala Lumpur City Centre is becoming increasingly difficult to replace, which is why UEM Sunriseโs latest transaction deserves attention. Rather than disposing of its 1.59-acre commercial site outright, the developer has entered into a Development Rights Agreement (DRA) with Exsim KLCC. The structure gives Exsim the right to develop the site into a mixed-use project comprising a hotel,...
Kuala Lumpur will become one of the regionโs focal points for Pokรฉmonโs 30th anniversary celebrations when a series of fan events begins around KLCC in September, with the upcoming Ombak KLCC mall playing a central role. The programme includes Malaysiaโs first Pokรฉmon pop-up store, scheduled to open at Ombak KLCC on September 12. The opening will coincide with a free two-day โPokรฉXcitingโ...
KLCC vs TRX vs Bukit Bintang: Which KL Location Makes More Sense for Foreign Buyers? For many overseas buyers, Kuala Lumpur becomes easier to understand once the search narrows down to three names: KLCC, TRX, and Bukit Bintang. These are not the only places foreigners can consider in KL, but they are among the easiest to recognise, explain, and compare. KLCC carries the prestige of the Twin Towers and...
Divine KLCC is not the kind of project buyers notice only because it carries a KLCC postcode. What makes it more commercially interesting is that it appears to offer something far harder to replicate in the city core, which is a genuinely recognisable KLCC-facing proposition rather than just another central address. That distinction matters. In Kuala Lumpur, many launches can claim centrality. Far...
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