News

Park Hyatt Kuala Lumpur to Open in August Atop Southeast Asia’s Tallest Tower

"Park Hyatt Kuala Lumpur is set to open in August 2025 atop Merdeka 118, the tallest tower in Asia Pacific. The luxury hotel offers panoramic views, premium dining, and marks Hyatt’s continued expansion in Malaysia’s high-end hospitality market." Kuala Lumpur, 08th July 2025, 11.30am - The highly anticipated Park Hyatt Kuala Lumpur is slated to open in August 2025, taking residence on the uppermost...

Eco World International Rebrands to EWI Capital as It Shifts Focus Back to Malaysia

"Eco World International Bhd has rebranded to EWI Capital Bhd as it shifts focus to Malaysia’s property market. Shares will trade under the new name “EWICAP” starting July 7." Kuala Lumpur, 04th July 2025, 12.52pm - Eco World International Bhd has officially rebranded to EWI Capital Bhd, marking a strategic pivot from its overseas focus to domestic real estate development in Malaysia. The...

Tropicana Launches Skypark Kepler, Its First Branded Residences at LIDO Waterfront Johor

"Tropicana launches Skypark Kepler at LIDO Waterfront in Johor, its first branded residence with Banyan Group. Premium units from RM580,000, featuring 5G, EV charging, and green tech." Kuala Lumpur, 03rd July 2025, 02.20pm - Tropicana Corporation Bhd officially unveiled Skypark Kepler, its first-ever branded residential development, at a launch ceremony held Wednesday at LIDO Waterfront Boulevard...

KLIA’s Upgraded Aerotrain Now Fully Operational After RM456 Million Overhaul

"KLIA’s upgraded aerotrain resumes full operations after a RM456 million revamp, boosting speed, comfort, and readiness for Visit Malaysia Year 2026, says Prime Minister Anwar Ibrahim." Kuala Lumpur, 02nd July 2025, 02.37pm - Prime Minister Datuk Seri Anwar Ibrahim praised the newly upgraded KLIA Aerotrain as "good… faster than before" following a test ride during a site visit at Terminal 1 of...

Vacancy Tax, Custom Mortgages Urged to Solve Malaysia’s Affordable Housing Crisis

"Malaysia should introduce a vacancy tax, flexible mortgages, and better housing data to curb property overhang and improve home affordability for B40 and M40 groups, says Dr Najib Razali." Kuala Lumpur, 01st July 2025, 10.20am - Malaysia must implement bold structural reforms such as a vacancy tax and targeted home financing solutions to resolve its persistent property overhang and improve housing...

Malaysia’s Property Market Sees Cautious Optimism Amid Rising Costs and Oversupply Risks

"Malaysia’s property market in 2025 shows cautious optimism with rising launches and affordable housing demand, but challenges persist due to rising costs and unsold stock, experts warn." Kuala Lumpur, 30th June 2025, 10.20am - Malaysia’s property market is poised for gradual growth in 2025, but experts warn that challenges such as rising construction costs, supply-demand mismatches, and buyer...

Sunway Expands Rawang Industrial Vision with RM65.1 Mil Land Buy in Kuang

"Sunway Property acquires 99.6 acres in Kuang for RM65.1 mil, boosting its Rawang industrial park plans. The deal adds RM700 mil to GDV and supports Sunway’s Klang Valley industrial ecosystem expansion." Kuala Lumpur, 26th June 2025, 11.30am - Sunway Property, the property development arm of Sunway Bhd, is expanding its footprint in northern Selangor with the acquisition of 99.6 acres of freehold...

IGB REIT to Acquire Mid Valley Southkey Mall for RM2.65 Billion in First Johor Expansion

"IGB REIT will acquire Johor's Mid Valley Southkey Mall for RM2.65 billion, its first venture outside KL. The deal will boost the REIT’s property portfolio past RM8 billion and deliver a 7.2% yield." Kuala Lumpur, 25th June 2025, 01.03pm - IGB Real Estate Investment Trust has announced plans to acquire Mid Valley Southkey Mall in Johor Bahru for RM2.65 billion, marking its first venture outside the...

Calls Grow for Stronger Enforcement as KPKT Blacklists 109 Errant Developers

"KPKT has blacklisted 109 housing developers in Malaysia, but the HBA warns stronger enforcement is needed. With no prosecutions under Section 18A of the Housing Act since 2015, calls are growing to protect buyers from project abandonment." Kuala Lumpur, 24th June 2025, 10.25am - The Ministry of Housing and Local Government (KPKT) has blacklisted 109 housing developers and their boards of directors for...

OCBC Commits RM14bil to Johor-Singapore Special Economic Zone, Boosts Investor Confidence

"OCBC Group commits RM14 billion to the Johor-Singapore Special Economic Zone (JS-SEZ), backing real estate, data centres, and manufacturing. The bank plans RM3 billion more in financing by end-2025 to boost cross-border investment." Johor, 23th June 2025, 11.15am - OCBC Group has pledged RM14 billion in total financing to support the Johor-Singapore Special Economic Zone (JS-SEZ), with RM11 billion...