IOI Properties to buy W Kuala Lumpur hotel from Tropicana for RM270 mil cash
W KL is a 25-storey hotel with 150 rooms.
W KL is a 25-storey hotel with 150 rooms.
Judicial Commissioner (JC) Roz Mawar Rozain observed this while presiding over the defendants’ application to strike out the suit by Mohd Hatta Sanuri against former prime ministers Tun Dr Mahathir Mohamad and Tan Sri Muhyiddin Yassin, and several others over the Kuala Lumpur-Singapore high-speed rail (KL-SG HSR)’s cancellation two years ago.
With a gross development value of RM384 million, Majestic Residence sits on a 0.
So far, almost 30 firms have submitted a request to purchase the RFI documents, while the project will be via a design-finance-build-operate transfer (DFBOT) model with the asset to be handed over after the concession period.
Pavilion Kuala Lumpur Mall remained the REIT's biggest overall revenue contributor as well as for its mall segment, with gross revenue rising 18.
DONE DEAL: Semi-detached, Old Klang Road, Federal Territory, Kuala Lumpur DONE DEAL: Shop, Chow Kit, Kuala Lumpur The Exchange 106 in Kuala Lumpur is one of Malaysia’s iconic skyscrapers housing smart and sustainable office spaces alongside other conveniences.
DONE DEAL: Semi-detached unit, Damansara Legenda, Petaling Jaya, Selangor DONE DEAL: Factory, Seksyen 15, Shah Alam, Selangor Lucentia Residence is a high-rise development located in the enclave of Bukit Bintang City Centre, Kuala Lumpur.
KLIA was ranked 67th in Skytrax’s World’s Top 100 Airports 2023, behind Singapore’s Changi, which topped the list, but ahead of Thailand’s Bangkok Suvarnabhumi, which was in the 68th place.
The development rights were awarded on May 27 last year by the Malaysian Highway Authority, said GFM in a filing with Bursa Malaysia on Wednesday (March 15).