News by Rachel Chew

Investment in Asia-Pacific cold storage real estate will likely cross US$2 billion (RM9.26 billion) between now and 2030, compared to a US$948 million high in 2021, according to international commercial real estate and investment management company JLL’s latest research report, Cold chain, unlocked: The cold storage opportunity in Asia Pacific.

Thai-based hospitality management company ONYX Hospitality Group is expanding its Shama serviced apartment brand with five new properties in China, Malaysia and Thailand in 2024, to meet the increasing demand for serviced apartments in Asia.

Pacific Senior Living, a senior living brand by Columbia Pacific Management Group, on Wednesday officially launched its first senior living residence project called Acacia and located in Klang, Selangor.

China-based Zhejiang UNITY Technology Co Ltd on Wednesday signed a memorandum of understanding (MOU) with NCT Group of Companies to set up its facility in NCT Smart Industrial Park (NSIP) in Sepang, Selangor.

Gamuda Land on Thursday announced the topping off for Maya Bay Residences in Gamuda Cove in Kuala Langat, Selangor. It is also the first high-rise residential project of the 1,530-acre township development.

Singapore-based property management company Bespoke Habitat has marked its foray into the Malaysian market with its co-living space in Johor Bahru.

Radium Development Bhd has completed RM40,000 worth of upgrading works for Shelter Home for Children’s residence at Taman Overseas Union Garden (Taman OUG) to show its commitment to corporate social responsibility (CSR).

The Master Builders Association Malaysia (MBAM) acknowledges the government's efforts in reforming the Malaysian economy while empowering the rakyat in Budget 2024 that was tabled on Friday.

The Johor Bahru retail market landscape is poised for exciting growth with the upcoming Johor Bahru-Singapore Rapid Transit System (RTS) Link, which is expected to transport around 10,000 passengers per hour in each direction, according to Allan Soo RE Consultants principal, Allan Soo.

Tropicana Corp Bhd is rolling out a 362-acre (146.50-hectare) new township development called Tropicana Alam in Puncak Alam, Selangor. It is also the group’s maiden launch in the area.