During the Creative Kuala Lumpur (KL) Grants Programme and Urban Challenge Award Ceremony on Monday, February 19, at Gamuda Mall Bukit Bintang, Think City's managing director Hamdan Abdul Majeed highlighted the urgent need for Malaysian cities to offer authentic, local experiences beyond the conventional shopping malls and tourist attractions. Emphasizing Malaysia's rich cultural potential, Hamdan proposed...
The restoration of Stadium Merdeka and the development of the Merdeka 118 Tower in Kuala Lumpur represent a significant milestone in Malaysia's growth as a nation. Merdeka 118, set to open its doors by the end of this year, is an iconic building that stands as a testament to Malaysia's progress. Owned by Permodalan Nasional Bhd (PNB) through its subsidiary, PNB Merdeka Ventures Sdn Bhd, this landmark...
IOI Properties Group Bhd, a renowned property developer, is embarking on an acquisition journey with plans to purchase the illustrious W Kuala Lumpur (W KL) hotel located in Jalan Ampang, Kuala Lumpur, for a total consideration of RM270 million in cash. This strategic move is set to enhance IOI Properties' diverse portfolio and strengthen its presence in the luxury hospitality sector. The proposed...
Future development initiatives in Kuala Lumpur will hinge on the results of a comprehensive Traffic Impact Assessment (TIA) currently in progress. The primary objective of this assessment is to address the growing issue of traffic congestion attributed to population growth in the city. Deputy Minister in the Prime Minister's Department (Legal and Institutional Reforms), Ramkarpal Singh, emphasized that...
The Kuala Lumpur Local Plan 2040 (KLLP 2040), which is poised to replace the Kuala Lumpur City Plan 2020 (KLCP 2020), is scheduled to be made available for public feedback in January 2024. City dwellers, as well as all interested parties, are invited to share their feedback and suggestions for enhancement to facilitate collaborative development planning for Kuala Lumpur. Datuk Azman Abidin, the political...
he Renaissance Kuala Lumpur Hotel & Convention Centre, located in the heart of the city center, has officially reopened its doors to the public after an extensive renovation period that began in June 2020. This reopening marks an exciting development, as the hotel will now be part of Marriott International's first dual-branded property under the Marriott Bonvoy travel program in Malaysia. The...
ECA International's recent cost of living analysis places Kuala Lumpur as the 35th most expensive city in Asia and 175th on a global scale for expatriates. Other Malaysian cities, including George Town, Kota Kinabalu, and Johor Bahru, saw a slight drop in their rankings, securing 189th, 195th, and 198th positions, respectively. Lee Quane, ECA International's Asia Regional Director, attributes the drop in...
Prime Minister Datuk Seri Anwar Ibrahim has called on the Kuala Lumpur City Hall (DBKL) to take immediate action in improving the Draft Kuala Lumpur Structure Plan 2040 (KLSP 2040) and to have the document gazetted before the end of this year. Anwar, who chaired a briefing on Monday (July 17) to examine the report of the engagement sessions on the amendment of the Draft KLSP 2040, expressed his...
Welcome to an immersive exploration of Majestic Residence, a beacon of extraordinary living and a lucrative investment opportunity nestled in the dynamic district of Jalan Sultan Ismail, Kuala Lumpur. This distinctive residential project combines an awe-inspiring design ethos, practical elegance, and a convenience-rich environment, making it the go-to destination for both luxury living and smart...
Bonia Corp Bhd’s wholly-owned subsidiary, Maha Asia Capital Sdn Bhd (MASB), has inked a Sale and Purchase Agreement (SPA) to acquire a piece of freehold land in Kuala Lumpur (KL) from Resaa Properties Sdn Bhd for RM35.51 million. The acquisition includes land measuring 1,403.71 sq m as well as a double-storey bungalow and guard house, it said in a filing with Bursa Malaysia. Bonia opined...
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