KUALA LUMPUR: Tropicana Corp Bhd has entered into a strategic partnership with Powerchina International Group Limited (PowerChina) to kickstart the development of Tropicana Paradise in Genting Highlands. The memorandum of agreement was inked between Tropicana Inspirasi Indah Sdn Bhd and Tropicana Inspirasi Impian Sdn Bhd, wholly-owned subsidiaries of Tropicana, and Powerchina International Group Limited together...
Read moreKUALA LUMPUR: The Malaysian properties market remains attractive to international buyers, especially for properties in Kuala Lumpur, Genting Highlands and Sabah, according to IBN Corp Ltd. In a statement today, IBN Corp director Megat Khalil Izzuddin Shah said Malaysia remains one of the most ideal countries for retirement due to its excellent weather and living...
Read moreTHE Kuala Lumpur luxury condominium market, having taken a hit over the last couple of years due to the pandemic, is expected to remain soft in 2022. Savills Malaysia Sdn Bhd group managing director Datuk Paul Khong says the high-end condominium market is anticipated to stay subdued for at least the first two quarters of...
Read moreKUALA LUMPUR (Feb 4): LEAP-Market listed Uni Wall APS Holdings Bhd has signed a memorandum of collaboration (MoC) with Singapore-based Sun Solutino Pte Ltd to jointly develop certain parts of Malaysia Vision Valley 2.0 (MVV 2.0). The group, through its 80%-owned subsidiary NS Aero City Sdn Bhd, signed the MoC with Sun Solutino, which is...
Read moreAstaka Holdings Limited, the developer for One Bukit Senyum in Johor, is off to a good start this year. The group recently signed a non-binding memorandum of understanding (MOU) with Straits Perkasa Services Sdn Bhd (SPSSB) for potential collaboration on a mixed-use development project through its 99.99 percent-owned subsidiary, Astaka Padu Sdn Bhd (APSB). The...
Read moreThe price of new apartments in Tokyo toppled a 30-year-old record in 2021 as rising demand from dual-income households and increasing construction costs boosted the Japanese capital’s once-moribund housing market. The mean price of new condos in the Japanese capital and surrounding areas hit 62.6 million yen (US$550,000) last year, topping the 61.2 million yen...
Read morei-City Properties (i-City) will collaborate with China Mobile International (CMIM) to construct the country’s first smart green corporate tower in i-City, Malaysia No. 1 technology city. According to Monica Ong, director of i-City, the corporate tower will be outfitted with 5G internet-enabled cameras and sensors to monitor the environment, energy consumption, and human traffic flow...
Read moreThe decision by the United States Federal Reserve (US Fed) to raise interest rates poses a potential threat to economic growth in emerging market economies; however, despite these challenges, Malaysia is well-positioned for economic growth and an improving real estate market, according to a new Juwai IQI analysis. Kashif Ansari, co-founder and group chief executive...
Read moreThe company has officially opened its Sales Gallery, located at Level 1, Wisma IAV, to the public recently. TSLAW Land Executive Director Law Wai Cheong said, “The response for Skyline KL has been overwhelming. We are grateful for the support and positive feedback garnered from the market. Look around in our gallery, we are absolutely...
Read morePETALING JAYA (Jan 25): JKG Land Berhad has unveiled NOON, the second phase of its The Era @ Duta North serviced apartments in Segambut, Selangor. Launched on Friday (Jan 21), NOON consists of 965 units of serviced apartments with a built-up measuring 645 sq ft and 1,334 sq ft. With a gross development value (GDV)...
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