Since its opening in September 2012, Legoland Malaysia has been drawing thousands of visitors daily. Situated in Medini Iskandar, the 76-acre development — also the country’s first international theme park — is constantly hosting events and lively activities. Its mastermind, Medini Iskandar Malaysia Sdn Bhd (MIM), plans to emulate the success of Legoland Malaysia and its other past launches — Mall of Medini and Gleneagles Medini — by introducing commercial office towers in the Medini Iskandar township.
The Malaysian Institute of Architects’ (PAM) new headquarters in Jalan Tandok, Bangsar, called PAM Centre, exudes a minimalist feel. With its façade covered in dark aluminium screen, the 7-storey building features concrete slabs, exposed pipes and raw brick walls, bearing a resemblance to modern industrial offices in Brooklyn, New York.
For a lot of investors, the first thing that comes to mind when one mentions Penang is the state’s thriving island and its capital city of George Town. With its strong industries and heritage, Penang island has long established itself as one of the country’s most loved and successful cities. However, due to limited land and a saturated market there, developers have begun crossing over to Seberang Perai, lured by the undeveloped space, cheaper land price and strong growth potential.
Since Britons voted to leave the European Union (EU) in the referendum on June 23, global markets have been reeling as the UK and the world come to terms with the implications. The “Brexit” vote has left local and foreign investors in a state of uncertainty, including those in the real estate market and residential letting in London.