Commercial news in Academy Badminton Malaysia Abm In Bukit Kiara Kuala Lumpur

1. Foreign businesses push up rents in Mont Kiara and Sri Hartamas

   1 day ago Channel News Asia Solaris Mont Kiara, Kuala Lumpur 4.2 km

   In Kuala Lumpur's Mont Kiara and Sri Hartamas areas, an influx of Korean and Chinese businesses is driving up commercial rents, with some newcomers offering well above asking prices for shop lots. Local SMEs say landlords now expect unrealistic rents, making it hard for them to compete.

2. Paramount Corp opens 11th Co-labs Coworking outlet at Sunway Square

   2 days ago EdgeProp Sunway Square Corporate Tower 1, Petaling Jaya, Selangor 9.5 km

   Paramount Corp Bhd has opened its eleventh Co-labs Coworking outlet at Sunway Square Corporate Tower 1 in Petaling Jaya. The 19,000 sq ft space on Level 9 offers 268 seats and is currently 30% occupied, with two more multinational companies expected to bring it to 50% by month-end. Two more outlets are planned next year in Johor Bahru and the Klang Valley.

3. Chin Hin Property enters industrial segment with RM449m Kota Damansara hub

   3 days ago The Sun - Business Kota Damansara, Selangor 6.2 km

   Chin Hin Group Property Bhd has entered the industrial property development segment with The NeX, an integrated industrial-commercial hub in Kota Damansara with an estimated GDV of RM449.4 million. The project follows shareholders' approval of the group's RM66 million acquisition of a 16,222 square metre leasehold industrial site. The development is expected to be completed by 2029.