Sabah

NCT Alliance Expands into Sabah with RM3.4 Billion Ion Marina Bay Mixed Development NCT Alliance Bhd is making a bold move to strengthen its presence in East Malaysia with the acquisition of a 51% equity stake in Sabah-based property developer Setara Juara Sdn Bhd for RM22 million. This strategic partnership paves the way for the development of Ion Marina Bay, a high-impact, mixed-use township in Putatan,...

Sabah’s RM58 Billion Investment Boom: Key Opportunities for Property and Business Growth Sabah is fast becoming a major magnet for both foreign and domestic investors, with a remarkable RM58.319 billion in total investments secured or in progress since 2020. This surge positions the state as a rising economic hub in East Malaysia — and the implications for property investors, industrial developers,...

Sabah and China Strengthen Ties for Regional Economic Growth A recently concluded Sabah-China Business Summit has laid the foundation for enhanced economic collaboration, aligning Sabah’s development goals with China’s technological and investment capabilities. Hosted by the Sabah government and organised by the state Industrial Development and Entrepreneurship Ministry, the event brought together...

NCT Alliance Bhd (KL), a construction and property development group, is set to expand its presence in Sabah through the acquisition of a 51% equity interest in Setara Juara Sdn Bhd, a company holding the development rights to 101.037 hectares of land in Dumpil Bay, along Jalan Kota Kinabalu-Lok Kawi. This prime land is earmarked for a mixed-development project with an estimated gross development value...

Over the years, Sabah and Sarawak have increasingly pushed for greater autonomy and equal partnership within Malaysia, as envisioned under the Malaysia Agreement 1963 (MA63). This momentum has grown, with many in these two East Malaysian states calling for more control over resources, development, and decision-making power. In light of the political landscape following the 2022 general election, these...

Sabah Government to Investigate Claims of Rainforest Land Sale on Social Media The Sabah government has announced an investigation into claims that areas of rainforest within the state are being advertised for sale on social media platforms. This announcement comes from Chief Minister Datuk Seri Hajiji Noor, who stated that, as of now, his administration has not received detailed information regarding the...

Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,200 hotels in more than 95 countries, has announced an exciting new addition to its portfolio: the Wyndham Semporna Resort. This prestigious partnership with Goldstone Holdings will bring a new level of luxury to the eastern coast of Sabah, Malaysia. Expected to open in 2026, the Wyndham Semporna Resort will...

Sabah Launches MM2H Programme: New Opportunities for Foreign Residents The Sabah state cabinet has officially approved the Sabah-Malaysia My Second Home (Sabah-MM2H) programme, opening its doors to participants starting today. This initiative aims to attract foreign residents to Sabah, fostering cultural exchange and economic growth within the state. Programme Approval and Oversight Sabah Tourism,...

An unexpected hurdle has emerged in the pursuit of Sabah's ambitions to introduce the Sabah-Malaysia My Second Home (Sabah-MM2H) programme. The Federal Ministry of Tourism, Arts and Culture (Motac) threw a spanner in the works, disrupting the diligent preparations made by the Sabah State Government. Minister of Tourism, Culture and Environment, Datuk Christina Liew, expressed dismay over Motac's abrupt...

In a strategic move to attract more foreign residents and revitalize its real estate market, Sabah has announced significant changes to its Sabah-Malaysia My Second Home (SBH-MM2H) programme. The most notable amendment is the reduction of the minimum age for applicants from 50 to 30 years, positioning Sabah as a more accessible destination for younger expatriates compared to the federal MM2H...