Carnelian Tower Forest City, Johor condo unit sold for RM500.89k | DONE DEAL
Menara Bukit Ceylon, Kuala Lumpur condo unit sold for RM630k | DONE DEAL UOA Business Park, Selangor office unit rented for RM11.
Menara Bukit Ceylon, Kuala Lumpur condo unit sold for RM630k | DONE DEAL UOA Business Park, Selangor office unit rented for RM11.
MBW Innexus is located 6km from Tanjung Langsat Port and 14km from Johor Port, with access to Senai International Airport and Singapore’s Changi Airport.
The SFO scheme in Forest City is backed by a zero-tax incentive—first announced in September 2024—targeted at attracting ultra-high-net-worth individuals and family investment entities into Malaysia.
Formerly known as Waterfront Capital, CMY Capital is known for co-owning The St Regis Kuala Lumpur with Malaysian Resources Corp Bhd (KL:MRCB).
The tentatively named FCZFZ-BAIAC International ADR Platform is expected to enhance Forest City’s position as a growing hub for international business and investment.
The two family offices mentioned have obtained Securities Commission approval, according to him.
Forest City has been expanding its road transportation network in collaboration with Causeway Link since 2023, enhancing connectivity between Forest City and the Sultan Abu Bakar Customs, Immigration, and Quarantine Complex (KSAB) at the Second Link.
Forest City isn’t the only area that is attracting investments.
“The family office sector is projected to grow by 75% globally by 2030.
With the introduction of the single family office scheme, coordinated by the Securities Commission Malaysia, Prime Minister Datuk Seri Anwar Ibrahim hopes to attract regional and Malaysian families to manage their family wealth from Malaysia.