News by Priya Devan

The third installment of the Green Build Conference (GBC) 2023, which was held on Tuesday (Aug 1), highlighted the importance of long-term sustainability in the country’s real estate industry by urging stakeholders to plan their climate ambitions accurately and demonstrate their commitment and ability to take decisive climate actions.

Bandar Suria Alam is a RM3.6 billion, 1,163-acre township located in Puncak Alam, Selangor, comprising residential and commercial components.

King’s Park Development Sdn Bhd (formerly known as Highlands Park City Sdn Bhd) has officially launched its latest integrated mixed-use development, named King’s Park in Genting Highlands, via an opening ceremony of its sales gallery on Saturday (July 22).

Tropicana Corp Bhd is poised to launch SouthPlace 2 Residences serviced apartments and SouthPlace 2 Shoppes retail lots within its 88-acre Tropicana Metropark township in Subang Jaya in 3Q2023.

The Malaysian Institute of Architects (PAM) has urged local governments to adopt a more sustainable approach towards urban development and prioritise the preservation and planting of new urban street trees, according to a statement on Friday (July 7).

SKS Group has signed a hotel management agreement with Marriott International to open a 345-room Sheraton Johor Bahru hotel in Johor Bahru, Johor, which is expected to open in 2025.

The Summit USJ shopping mall has unveiled on Tuesday (June 27), seven new tenants in an effort to revitalise the mall.

KL Wellness City Sdn Bhd has officially launched KL Wellness City (KLWC), the first purpose-built, fully integrated healthcare and wellness development, on Thursday (June 1) at the KLWC Gallery in Bukit Jalil, Kuala Lumpur.

Rahim & Co International Sdn Bhd, in its 1Q2023 Property Market Review event on May 25 (Thursday), stated that although the property market witnessed a momentary slowdown in 1Q2023 as the volume of transactions fell by 5.7% compared to 1Q2022, the numbers remain higher than pre-pandemic levels corresponding to the first quarter performance.

The Malaysia My Second Home Consultants Association (MM2HCA) has lauded the government’s move to create a one-stop centre under the Ministry of Tourism, Arts and Culture for the programme.