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The Ascott Limited, the lodging business unit of Singapore's CapitaLand Investment (CLI), is stepping up its global talent development efforts to support the opening of more than 300 new properties by 2028 — including key locations in Malaysia.
Malaysian Resources Corp Bhd's (MRCB) wholly-owned subsidiary MRCB Land Sdn Bhd has entered into a joint venture with Melaka Corp subsidiary PM Multilink Sdn Bhd to develop a hospital in Bukit Baru, Melaka Tengah.
A historic en bloc property sale is unfolding in Penang, with over 100 prime pre-war homes and shophouses—many located in the upscale suburb of Pulau Tikus—now available for purchase. Locked in trust deeds for decades, these heritage assets are being released in what could be the largest collective subsale of...
Malaysia’s property transaction value fell 8.9% in the first quarter of 2025 (1Q2025) to RM51.42 billion, compared to RM56.47 billion a year earlier, according to the latest data from the National Property Information Centre (Napic).
The much-anticipated Penang Hill cable car project is progressing as planned, with the first ropeway tower set to be erected by the end of June 2025. According to Penang Hill Corporation (PHC) general manager Datuk Cheok Lay Leng, caisson piling works are currently underway at all four main project sites,...
Sitting atop a 15.5-acre land, the joint venture project features serviced apartments and retail outlets complemented by a host of F&B offerings, lifestyle amenities as well as an education and wellness hub. Its first phase will be launched in 3Q2025 with more than 1,000 small office/home office (SOHO) units.
The Malaysian Institute of Property and Facility Managers (MIPFM) has submitted a formal appeal to the Ministry of Finance (MOF) and the Royal Malaysian Customs Department to reconsider and exempt maintenance fees and sinking fund contributions for stratified commercial properties from sales and service tax (SST), over a year after...