Penang Gerakan Youth today asked the Penang state government to clearly state the number of pre-war houses in the heritage zone that have been bought by foreigners.

The luxury hotel has 430 rooms with a gross floor area of 85 000 m sq, including the basement parking which has space for some 400 car park bays.

Marriott International said it has finalised a management agreement with IB Tower Sdn Bhd where Element Kuala Lumpur is located within the 275m Ilham Tower, making it the highest hotel in Malaysia.

After officially declared as abandoned, KKTP Sdn Bhd will act as administrator of the project and engage with independent professionals such as quantity surveyors and accountants to conduct a cost assessment of the 1 Sulaman development.

Oxley says the iconic mixed-use development located in Batam’s financial district will be the island’s first convention centre and office tower.

CIMB Investment Bank Bhd said the Kuala Lumpur-Singapore High Speed Rail (HSR) bilateral agreement was a "milestone" for the project, which would see bids from Malaysian builders.

“Negative for REITs as rental reversions will be capped with the influx of more malls and office space.”

"I know people are excited about it," Prime Minister Datuk Seri Najib Tun Razak said, adding the project would "open a new landscape in terms of bilateral relations".

This premium serviced residence, managed by Frasers Hospitality Group, offers a selection of one and two-bedroom fully-serviced apartments.

MQ Tech's newly appointed executive director Robbie Hari Krishnan Tatparanandam said the company's wholly-owned subsidiary Star Acres Sdn Bhd has inked an agreement with Cambodian Resort & Entertainment Ltd (CRE) for the venture.