City & Country, The Edge Malaysia

21/12/2024

Lion Group’s property division, Lion Group Property, is looking to expand its industrial park portfolio. Its ongoing and upcoming developments, both industrial and non-industrial, involve a combined land size of more than 3,000 acres. Only about 400 acres are non-industrial offerings.

Its flagship offering is the ongoing freehold 1,253-acre Banting Industrial City (BIC) in Selangor. The seven-phase development is down to its final stages, with two phases awaiting development order approval.

Meanwhile, its upcoming industrial parks include Mega Industrial Park 1 and Semanja Langat Business Park, both also in Banting.

In the same issue, BBCC Development Sdn Bhd – consists of UDA Holdings Bhd, Eco World Development Group Bhd and the Employees Provident Fund – shares about the revamps of the Bukit Bintang City Centre (BBCC) sales gallery and part of The Labs.

BBCC will house Tuah 1895, which is a dining and lifestyle hub, and an immersive art museum called Immersify KL. Tuah 1895 will open its doors in early January while Immersify KL will welcome visitors in February next year.

Meanwhile, according to The Edge Malaysia | Savills Klang Valley Residential Property Monitor 3Q2024, the residential property market in Kuala Lumpur and Selangor displayed contrasting trends in terms of supply and transactions.

The residential market in KL is experiencing steady growth, with 5,589 new units completed in 3Q2024, marking a 10.5% rise year on year from 5,057 units. Incoming supply surged by 23.9% y-o-y, reaching 55,667 units during the quarter, compared with 43,047 units in the same period last year.

And last but not least, we have a story on IJM Land’s latest serviced apartment development, Stellaris, in the 16-acre (6.47ha) Riana Dutamas master plan in Segambut, Kuala Lumpur. To be launched this month, Stellaris is the third phase there, after Savio and Savvy that have been completed and fully sold.

The RM818 million Stellaris will occupy a 5.78-acre tract. It will feature two 31-storey towers with a total of 1,143 units, offering two- and three-bedroom and dual-key layouts. Unit built-ups will range from 760 to more than 1,200 sq ft, with prices starting at RM525,000.

20/12/2024

Kedah-based Imperio Group has signed an agreement with Accor Group to open an ibis Styles hotel at its upcoming The Tenz integrated development in Alor Setar, Kedah. The hotel will be the first international hotel in the city.

19/12/2024

The targeted developments are Trinity Lemanja in Kepong, Zeva @ Equine South in Seri Kembangan, Trinity Aquata in Sungai Besi, Trinity Pentamont in Mont'Kiara and Trinity Wellnessa in Ampang, and will benefit approximately 11,000 residents.

Trinity Group is equipping five of its flagship developments with automated external defibrillators (AEDs) and mobility-assistance equipment to enhance resident safety and as part of its environmental, social, and governance (ESG) initiatives.

18/12/2024

Renowned German architect Ole Scheeren talks about his focus in understanding a place's local culture and people where he works.

Hailing from Germany, renowned architect Ole Scheeren is known for innovative designs that integrate architecture with urbanism and the local flavour of a place. Scheeren is principal of Büro Ole Scheeren, founded in 2010 and headquartered in Beijing, with offices in Hong Kong, Berlin a...

18/12/2024

The partnership will see Gotion contribute its technological knowledge to BESS, ITRAMAS to provide expertise in local market access and commercialisation, and at the same time, UEM Sunrise, the master developer of the RE Industrial Park, to deliver the infrastructure and foster an environment primed for innovation and sustainability.

UEM Sunrise Bhd (KL:UEMS) and ITRAMAS Corp Sdn Bhd have signed a memorandum of understanding (MOU) with China-based battery energy storage solutions (BESS) and power battery technology manufacturer Gotion High-Tech Co Ltd to develop a research and development (R&D) centre at UEM Sunrise’s Renewabl...

18/12/2024

With a gross development of RM15 billion and a 12-year development period, MVV City Phase 1 covers 2,382 acres and will comprise over 1,000 acres of industrial space, 15,000 residential units and a 174-acre commercial lot.

Matrix Concepts Holdings Bhd (KL:MATRIX) broke ground for the first phase of the Malaysia Vision Valley City (MVV City) project in Negeri Sembilan on Tuesday.

17/12/2024

Backed by major infrastructure developments, properties in areas such as Seberang Perai are expected to see growing demand from homebuyers.

Penang’s residential property market was active in the second quarter of this year, backed by major infrastructure developments such as the Penang Light Rail Transit (LRT), Penang Silicon Island project and the Ayer Itam-Lebuhraya Tun Dr Lim Chong Eu Bypass Road, says Nawawi Tie Leung (NTL) Prope....

17/12/2024

Through the partnership, Avaland is offering MBSB Bank customers a RM500 credit into their MBSB PrimeGold-i Account, when they purchase homes from the AVA Ria or AVA Prime series.

KUALA LUMPUR (Dec 17): Avaland Bhd (KL:AVALAND) has collaborated with MBSB Bank to offer an incentive programme to first-time homebuyers of its green-certified projects, according to a press statement on Dec 12.

17/12/2024

The 123-room hotel will be rebranded from ANSA Okinawa Resort to ANA Crowne Plaza Resort Okinawa Uruma Hills effective early January next year.

Berjaya Land Bhd (KL:BJLAND), through its subsidiary BHR Okinawa Management GK, has signed an agreement with IHG ANA Hotels Group Japan to operate its existing ANSA Okinawa Resort in Okinawa, Japan. The 123-room hotel will be rebranded from ANSA Okinawa Resort to ANA Crowne Plaza Resort Okinawa Urum...

17/12/2024

Under the MOU, Maplehome will be managing all the three-key units at the projects, whereby each unit contains three studio apartments, each equipped with a kitchenette and en-suite bathroom.

Eco World Development Group Bhd (KL:ECOWLD) (EcoWorld Malaysia) signed a memorandum of understanding (MOU) with short-term stay management company Maplehome to manage the developer's two upcoming serviced apartment projects, namely Luna at Eco Ardence in Shah Alam and Se.Ruma at Eco Sanctuary in Tel...

16/12/2024

Since its launch a decade ago, the RM40 billion R&F Princess Cove development by China-based R&F Group is coming to life. R&F Group Malaysia deputy general manager Xu Jie talks about plans for the project and its focus in the southern state.

Situated on 116 acres of reclaimed land at the southern tip of Tanjung Puteri in Johor Bahru, Johor, and directly across the Straits of Johor from Singapore is the R&F Princess Cove development by China-based property developer R&F Group. The project boasts a gross development value of RM...

16/12/2024

The 72-year-old group managing director of MKH Bhd, Tan Sri Eddy Chen, has been at work for more than 40 years and is anything but ready to retire. Despite the demands of running a major property development group and travelling frequently for work, he also wears many hats in the industry.

Tan Sri Eddy Chen is someone who truly embodies humility and approachability. Dressed in his signature white button-down shirt with rolled-up sleeves, which he once jokingly called his uniform, Chen greets City & Country with a warm smile.

16/12/2024

A familiar face in the real estate industry, Datuk Jeffrey Ng has close to 40 years of extensive experience in finance, corporate planning and executive management in the property and hotel industries in Malaysia and Australia. According to Ng, real estate was never part of his plan at the start. The fellow chartered accountant of Australia and New Zealand, who completed his professional articleship in Touche Ross (now Deloitte) Australia, had initially had his sights set on something else.

City & Country met up with Datuk Jeffrey Ng, a well-liked veteran in the real estate industry, at Wisma Rehda in Petaling Jaya for a photoshoot and interview, as Ng is a recipient of the Outstanding Contribution to the Real Estate Industry award at The Edge Malaysia Property Excellence Awards 2024.

16/12/2024

Datuk Seri Fateh Iskandar Mohamed Mansor (F D Iskandar), group managing director and CEO of Glomac Bhd, has built a reputation for being a tireless advocate of Malaysia’s real estate sector. With a career spanning more than 35 years, his passion for property development and drive to lift the industry have seen him at the helm of numerous industry bodies and initiatives aimed at shaping the country’s property landscape.

Datuk Seri Fateh Iskandar Mohamed Mansor (F D Iskandar), group managing director and CEO of Glomac Bhd (KL:GLOMAC), has built a reputation for being a tireless advocate of Malaysia’s real estate sector. With a career spanning more than 35 years, his passion for property development and drive to li...

16/12/2024

When Tengku Datuk Ab Aziz Tengku Mahmud was appointed to lead the 40-acre mixed-use Merdeka 118 precinct development project in 2010, the new role came naturally to him following his years of experience in leading property divisions at various companies before that.

When Tengku Datuk Ab Aziz Tengku Mahmud was appointed to lead the 40-acre mixed-use Merdeka 118 precinct development project in 2010, the new role came naturally to him following his years of experience in leading property divisions at various companies before that.

15/12/2024

Occupying a 0.37-acre plot at the intersection of Jalan C.Y. Choy and Jalan Magazine, The Night Shelter is a restored 1920s two-storey shophouse built in the Southern Chinese Eclectic Style, with a newly added three-storey building that extends to the back of the existing shophouse. Overall, it has a built-up of 17,500 sq ft.

The streets of George Town were buzzing with life as we set off on our site visits in Penang. Navigating the city’s notorious traffic amid the sweltering heat that morning was challenging to say the least — until we arrived at our first destination.

15/12/2024

With a Provisional Gold Green Building Index Certification obtained in January this year, the 13-storey One Shell Square Miri is a sustainable green building that adheres to global standards. It is located in the 19.2-acre Miri Times Square mixed-use development comprising offices, SoHo units and retail lots.

The mixed-use development is part of the larger 550-acre Marina ParkCity township in Miri, developed by Pantai Bayu Indah Sdn Bhd, which is a wholly-owned subsidiary of Perdana ParkCity Sdn Bhd (ParkCity Group).

In the heart of Miri, Sarawak, stands a landmark that represents not just the city’s economic growth but also its commitment to sustainability. Serving as the upstream headquarters of Shell Malaysia, One Shell Square Miri is more than a regular office building.