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"Office tenants now face the dual challenge of higher rental costs and increased fit-out expenses due to the new construction services tax.

Its wholly owned subsidiary, Kota Platinum Sdn Bhd, on Monday signed a sale and purchase agreement with Salcon’s wholly owned unit, Salcon Development Sdn Bhd (SDSB), and Datuk Ding Pei Chai to acquire the entire equity interest in Prestasi Kemas Sdn Bhd (PKSB).

Setia4Malaysia Unity Fest 2025 events will take place concurrently for the first time across selected flagship townships on 6 to 7 Sept 2025, including Setia Eco Gardens, Setia Bayuemas, Setia Alamsari, KL Eco City, Setia Alam Impian, Setia Eco Glades, Setia Warisan Tropika, and internationally in Setia Vietnam and Setia Melbourne.

Genting Malaysia said the deal will see Empire Resorts sell key non-casino properties—including the 332-room Resorts World Catskills (RWC) and the 99-room Alder Hotel, a 18-hole Monster golf course, the 2,500-seat RWC Epicenter, and restaurants—to a local development body, Sullivan County Resort Facilities Local Development Corporation (SCRFLDC), which will run them as public assets.

Park Hyatt Kuala Lumpur general manager Herman Kemp stated that Hyatt Hotels Corporation is very confident in Malaysia’s premium hospitality market, with the increase in tourism and the improvement of Malaysia’s economy, following the Covid-19 pandemic.

Beyond knowledge-sharing, Zahri said the programme aims to elevate public spaces as essential to a city’s social, economic, cultural, and environmental fabric.

Domestic travel demand remained a key growth driver, with Malaysians making up 67% of Airbnb guests in 2024, surpassing pre-pandemic levels recorded in 2019.

Developed by Paramount Property (Cityview) Sdn Bhd, The Ashwood is a luxury non-landed residential project located in the elite U-Thant area, just 1.

Forbes Asia specifically highlighted that the renewable energy, electric vehicle and data centre companies had benefited from the boost in momentum in their industries.

“Most buyers aren’t even sure what they’re working towards.