Hero Market To Anchor VTown In PJS5 Masteron Sdn Bhd has signed a memorandum of understanding with Hero Market for the supermarket chain to become an anchor tenant at VTown, its 20.97-acre mixed-use development in PJS5. Under the MoU, Hero Market is expected to open an approximately 20,000 sq ft outlet at VTown in 2028. Masteron said the store will be Hero Market’s first purpose-built standalone...
F&NHB Completes Its Exit From Vacaron Fraser & Neave Holdings Bhd has completed the disposal of its entire 50% interest in Vacaron Company Sdn Bhd to Tan & Tan Developments Bhd for an interim purchase consideration of RM181.61 million. The completion formalises F&NHB’s exit from the property venture and leaves Vacaron equally owned by Tan & Tan Developments and Frasers Property...
Frasers, Tan & Tan Plan 12.7-Acre PJ Quarter PJ Quarter Planned For Section 13, Petaling Jaya Frasers Property Ltd and Tan & Tan Developments Bhd are planning to jointly develop PJ Quarter, a 12.7-acre mixed-use project in Section 13, Petaling Jaya. The development will be undertaken through Vacaron Company Sdn Bhd, which owns the project site. Under the proposed transaction, Tan & Tan...
For many Klang Valley residents and business travellers, Eastin Hotel Kuala Lumpur is a familiar name. Its location, scale and long-standing presence made it a recognisable landmark within Petaling Jaya’s commercial corridor. That is precisely why its transformation into the Petaling Jaya Marriott Hotel carries significance beyond a simple change of signage. When a well-known hospitality asset is...
Hextar World Officially Opens at Empire City Petaling Jaya, Introducing High Street as a New Cultural and Lifestyle Landmark Petaling Jaya’s urban landscape has taken a major step forward with the official opening of Hextar World at Empire City, an expansive mixed-use development designed to blend retail, entertainment, arts and cultural experiences. The project, which began operations on November 29,...
Eastin Hotel to Rebrand as Petaling Jaya Marriott Hotel in RM100 Million Revamp Petaling Jaya’s hospitality landscape is set for a prestigious upgrade with the announcement that Eastin Hotel Kuala Lumpur will be rebranded as the five-star Petaling Jaya Marriott Hotel. The transformation, expected to cost close to RM100 million, marks a significant collaboration between TSM Global Bhd and Marriott...
NexG Buys Industrial Facility in Petaling Jaya for RM28.5M to Scale Up Tech Operations NexG Bhd (KL:NEXG), formerly known as Datasonic Group Bhd, is making a strategic leap forward with the acquisition of an industrial property in Petaling Jaya for RM28.5 million. The move is designed to streamline research, design, and production activities under one roof, enhancing cost efficiency, output, and quality...
Petaling Jaya’s Top Property Hotspots in 2024: Where Prices Are Rising Fastest Petaling Jaya (PJ) has long been one of Malaysia’s most desirable urban locations for both property buyers and investors. As a mature satellite city with strong connectivity, vibrant neighbourhoods, and a well-established infrastructure, PJ continues to offer value for capital appreciation and lifestyle convenience. But...
Asian Pac Acquires Jaya Shopping Centre for RM100 Million: What It Means for Malaysia’s Retail Property Market In a strategic move that signals growing investor confidence in Malaysia’s retail sector, Asian Pac Holdings Bhd (KL:ASIAPAC), via its wholly owned subsidiary Primadana Utama Sdn Bhd, has announced the acquisition of Jaya Shopping Centre in Petaling Jaya, Selangor for RM100 million in...
Tropicana Miyu: A Fully Sold-Out Success in Petaling Jaya’s Property Market Tropicana Miyu, a joint-venture high-rise development by Tropicana Corp Bhd and Temokin Development Sdn Bhd, has achieved 100% sold-out status, marking yet another milestone in Petaling Jaya’s thriving residential property market. With a gross development value (GDV) of RM261 million, this low-density freehold condominium...
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