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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.

While Malaysia was not among the top cross-border capital destinations this quarter, there was a steady rise in enquiries, particularly for Kuala Lumpur, Penang’s industrial corridors, and Johor’s logistics and residential hubs.

Moving forward, Knight Frank said Malaysia’s office sector is projected to remain stable over the next 12 months, with the tenant-favourable market environment expected to persist, as businesses reassess long-term space needs and embrace more flexible, future-ready office strategies.

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.

This follows reports earlier this month that Zahid said an individual, whom he did not name, had not signed documents to release his trustee responsibilities over a party asset.

A case management was held on Thursday before senior assistant registrar Nur Shasha Hidayah Nor Azhar, where a representative from the Attorney General’s Chambers had entered an appearance for the FT Land and Mines Department.

Damansara Heights home with great potential, sold | DONE DEAL Desa ParkCity condo with stunning views sold (Westside III) | DONE DEAL Plaza Damansara in Damansara Heights is a well-known commercial area with a mix of offices, shops, and places to eat.

The properties, located on levels five and six of Ho Hup Tower in Plaza Bukit Jalil, are being sold to Premium Realty Sdn Bhd and Sensecube Sdn Bhd respectively, both of which are wholly owned units of Insas.

“Continued observations of preferences for more flexible tenancy contracts and hybrid work arrangements suggest adjustments in supply still have some way to go.

The two new Regus locations will add to IWG’s existing network of 45 centres across the country under its Regus, Spaces, HQ and Signature brands KUALA LUMPUR (Feb 21): Hybrid workspace provider International Workplace Group (IWG) is opening two new Regus offices in Malaysia — Regus Menara Public Gold in Kuala Lumpur in June and Regus Troika Kota Bharu in Kelantan in July.