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Construction of The Shore, the first fully-fledged serviced residences in Kota Kinabalu has started on a 1.8 acre site and is expected to be completed in 2022. The Shore is a 25 storey tower comprising 561 units of serviced apartments with a gross development value of RM575 million. The Shore will be the first quality…

Aspen Group, which launched an initial public offering (IPO) in Singapore’s Catalist board recently, is planning a venture into the Klang Valley in 2018. The developer is expected to launch a RM500 million gross development value comprising 2,200 units of affordable housing located on the former Kajang Hill Golf Course (approximately 18 acres) by 2Q18….

A RM 1 billion project in Georgetown, Penang is open for registration. The mixed development project includes residential and commercial towers as well as a hotel and shopping mall on a freehold site measuring 8.9 acres. The project is expected to be formally launched by the end of 2017 and completed by 2021m it is…

Malaysia and Singapore are expected to sign a bilateral agreement for the Rapid Transit System (RTS) project in December 2017. Both governments have agreed to a split of 61:39 on the concession fee for the RTS that will be paid to the two countries with Singapore receiving the majority of the fee because the cost…

Country Garden Group will be giving vacant possession of its first 4,000 units starting from August 2017 with the remaining 4,500 units to be handed over by the end of 2018. More than 90% of the project has been sold since its launch in 2013 and the majority of the buyers are from Malaysia, Singapore…

The Kuala Lumpur Metro Group has been invited to open its fourth premium resort in Port Dickson following the official opening of the RM400 million Lexis Hibiscus, the group’s third and biggest in the resort town. It has 639 villas where 522 units are overwater units on stilts, stretching to over 1.2 kms out to…

Yong Tai Bhd will set a new benchmark in condominium-hotel (condotel) living with its recently launched property project, The Dawn, to be developed within Impression City in Kota Laksamana, Melaka. The Dawn@Impression City, to be built on a 5 acre site, will comprise one 28-storey and one 29-storey block. The Dawn has a gross development…

Sunway Hotels & Resorts, the hospitality division of property-construction conglomerate Sunway Group, has announced the immediate booking availability for its newest mid-market hotel, Sunway Velocity Hotel in Kuala Lumpur. The 351-room hotel is scheduled to officially open on September 20, 2017 with special introductory room rates from RM198++ per room per night. (The Star, 3/8/17)

Thong Guan Industries Bhd has ventured into the restaurant industry with the launch of its maiden Marche Movenpick franchise at Pavilion Mall. Marche is a global company with Swiss roots which develops innovative culinary solutions with an interactive European marketplace ambiance and cuisine. (NST, 3/8/17)

Shah Alam now has a new landmark with the unveiling of the new Selangor State Development Corporation (PKNS) headquarters in Section 14. The new environmentally friendly PKNS building, on a 4.6 acre site, is designed with a modern concept with high-tech infrastructure and a rooftop landscape. It has four blocks which include an auditorium, business…

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Jones Lang Wootton