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Property News

  • CLMT’s 3Q NPI jumps 53% to RM58 mil, pays 1.05 sen DPU

    Distributable income for the quarter under review grew 29% to RM28.7 million from RM22.25 million, while distribution per unit (DPU) improved to 1.05 sen from 1.01 sen. KUALA LUMPUR (Oct 25): CapitaLand Malaysia Trust’s (CLMT) net property income (NPI) climbed 52.6% to RM58.32 million for the third quarter ended Sept 30, 2023 (3QFY2023) from RM38.21…

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  • Worldtree Properties stays ahead by staying informed, and serving clients well

    KUALA LUMPUR (Oct 19): They say information is power and information gives you the edge. This fact is not lost on Worldtree Properties. “We stay informed about local real estate market trends, property values, and emerging neighbourhoods to provide us with a competitive advantage,” said Edmond Kam, director of Worldtree Properties. “We also invest in…

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  • MM2H lost its edge in attracting foreign homebuyers, says Glomac MD

    Neighbouring countries such as Indonesia and Vietnam have attracted many new foreign homebuyers into their property markets, said Glomac Bhd managing director Fateh Iskandar. PETALING JAYA: The Malaysia My Second Home (MM2H) programme has diminished in competitiveness compared to neighbouring countries including Indonesia and Vietnam, says Glomac Bhd. “These countries have attracted many new foreign…

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  • Airbnb collaborates with PLANMalaysia on guidelines for short-term rental accommodation

    KUALA LUMPUR (Oct 25): Airbnb, operator of an online marketplace for vacation rentals and tourism activities, recently teamed up with the Town and Country Planning Department (PLANMalaysia) to develop a set of guidelines for short-term rental accommodation (STRA) nationwide, it announced in a press release on Wednesday. PLANMalaysia director general Alias Rameli said, “In Malaysia,…

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  • RM100 million allocated for MoneyX development, superapp also forms strategic partnership with EdgeProp.my

    KUALA LUMPUR (Oct 25): Hextar Technologies Solutions Bhd (HexTech) launched MoneyX, a one-stop fintech mobile superapp with artificial intelligence (Al) supported tools today. The app was first released by HexTech’s 100%-owned fintech unit Hextar Vision Sdn Bhd (Hextar Vision) in September 2023. “MoneyX is a game-changer to manage a user’s finances, tackle unorganised financial management,…

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  • Renaissance Kuala Lumpur Hotel & Convention Centre reopens its doors this month

    KUALA LUMPUR (Oct 25): Renaissance Kuala Lumpur Hotel & Convention Centre in the city centre reopened its doors to the public on Oct 20, after having closed down in June 2020 for renovations. Renaissance Kuala Lumpur Hotel & Convention Centre will be part of Marriott International’s first dual-branded property under the Marriott Bonvoy travel programme…

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  • Hilton Yokohama in Japan opens this month

    KUALA LUMPUR (Oct 24): Hilton Yokohama, located in Minato Mirai 21, Yokohama, Japan, officially opened its doors to guests on Tuesday, according to a press statement issued on the same day. The hotel, operated by Hilton, is developed and owned by Ken Corp Ltd. The 26-storey hotel comprises 339 guest rooms with ceiling-to-floor windows. Facilities…

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M Azura

M Azura

M Azura is a serviced residence development located in Kuala Lumpur's strategic area, Wangsa Maju. The project is constructed by...
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