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Penang’s healthcare economy runs wider than its medical tourism numbers

Penang’s healthcare economy runs wider than its medical tourism numbers

news

Updated:
  • Malaysia's medical tourism revenue grew 23.2% to RM3.35 bil in 2025, with 1.85 million patient arrivals.
  • Penang led this growth, accounting for 45% of national revenue and treating over 527,000 foreign patients.
  • Medical tourism boosting demand for serviced apartments and longer-stay accommodation in Penang.
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Sharing is caring: How KongsiKL reshapes placemaking

Sharing is caring: How KongsiKL reshapes placemaking

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Updated:
  • KongsiKL transforms abandoned spaces into vibrant community hubs.
  • It emphasises sharing resources and fostering collective purpose.
  • This initiative promotes arts, river revitalisation, and community engagement.
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Ukay Heights bungalow enters market at RM3.35m

Ukay Heights bungalow enters market at RM3.35m

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Updated:
  • A two-story bungalow in Ukay Heights, Ampang, is for sale at RM3.35 mil.
  • It offers spacious living, a private pool, and five bedrooms.
  • The property is in a low-density area with easy access to KLCC and amenities.
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Should you buy or lease your headquarters?

Should you buy or lease your headquarters?

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Updated:
  • The article argues that buying a headquarters should align with a company's long-term business strategy.
  • It introduces the B.E.S.T.
  • Framework for making informed real estate decisions.
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Tengku Zafrul: Selangor, Johor lead investment as real estate records RM33.5b

Tengku Zafrul: Selangor, Johor lead investment as real estate records RM33.5b

news

Updated:
  • Selangor and Johor led Malaysia's investments in 1H2026, totaling RM129.4 bil.
  • Services and manufacturing were key drivers, with digital investments boosting Selangor.
  • Overall, Malaysia saw RM218.5 bil in approved investments, expected to create 99,030 jobs.
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Ombak KLCC completes the KLCC Precinct; Galeri PETRONAS to open in 4Q2027

Ombak KLCC completes the KLCC Precinct; Galeri PETRONAS to open in 4Q2027

news

Updated:
  • Ombak KLCC, the latest component of the KLCC Precinct, is now open.
  • This new mall integrates arts, culture, lifestyle, and leisure.
  • It will feature Galeri PETRONAS, opening in late 2027.
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WCT secures RM600.89m contract for 41-storey office building at TRX

WCT secures RM600.89m contract for 41-storey office building at TRX

news

Updated:
  • WCT Holdings secured a RM600.89 mil contract for a 41-story office building.
  • The project is located at Tun Razak Exchange in Kuala Lumpur.
  • Construction is set to begin on Dec 1, 2026.
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UEM Sunrise appoints industry veteran Azmar Talib as chairman

UEM Sunrise appoints industry veteran Azmar Talib as chairman

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Updated:
  • UEM Sunrise Bhd appointed Datuk Wira Sr Azmar Talib as its new chairman.
  • He brings over 40 years of experience to the role.
  • Azmar succeeds Datuk Hisham Hamdan, who strengthened the company's fundamentals.
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Avaland 2Q net profit rises 41% q-o-q to RM17.1m

Avaland 2Q net profit rises 41% q-o-q to RM17.1m

news

Updated:
  • Avaland Bhd's net profit rose 41% to RM17.1 mil in 2QFY2026, with revenue up 17%.
  • New sales increased by 46% to RM222.4 mil, driven by new developments.
  • The company acquired land for a luxury project and plans over RM1 bil in new launches.
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Mah Sing 2Q net profit rises 9.8% as revenue grows 16%

Mah Sing 2Q net profit rises 9.8% as revenue grows 16%

news

Updated:
  • Mah Sing Group's 2Q net profit rose 9.8% to RM72.47 mil due to higher property sales.
  • The company achieved RM1.32 bil in property sales for the first half of the year.
  • They also plan new developments and a significant land disposal.
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Penang’s healthcare economy runs wider than its medical tourism numbers