Property & Real Estate news in Balok Kuantan Pahang
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Foreign businesses push up rents in Mont Kiara and Sri Hartamas
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.
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Office unit at MOF Inc Tower in KL rented for RM80,130
An office unit at MOF Inc Tower in Kuala Lumpur was leased for RM80,130 per month. The tenants were attracted by the fully furnished unit and suitable rental terms for their expansion plans. The average asking rate for similar units in the building is RM50,351.18 per month.
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WOLO Mont Kiara: 60-storey hospitality-led residences launching in Dutamas
Magma Kiara Sdn Bhd is developing WOLO Mont Kiara, a 60-storey mixed-use tower along Persiaran Dutamas. The project will feature 378 branded residences, 98 serviced suites, a 63-room hotel, and retail lots, with the hotel affiliated with Marriott Bonvoy's Design Hotels. The development emphasizes a hospitality-led residential concept with design-led interiors and is positioned near the future MRT3 Dutamas station.
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Regalton KLCC: 65-Storey Twin Towers Launch in KLCC Precinct, from RM977,200
Regalton KLCC is a new serviced residence development along Persiaran KLCC in Kuala Lumpur. The project features two 65-storey towers with 850 units, with indicative prices starting from RM977,200 and going up to about RM9.467 million.
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Taman Titiwangsa bungalow rented for RM28,000
A bungalow in Taman Titiwangsa, Kuala Lumpur, was rented for RM28,000 per month. The tenant was attracted by its strategic location, spacious layout, and private pool. The property found a tenant after a month on the market.
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Ombak KLCC completes the KLCC Precinct; Galeri PETRONAS to open in 4Q2027
Ombak KLCC, a new mall completing the KLCC Precinct in Kuala Lumpur, has been launched. Galeri PETRONAS is slated to open in the fourth quarter of 2027, and the mall is hosting a National Day event until August 31.
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Mah Sing To Acquire Ampang Land For RM186 Million, Plans RM1.92 Billion Project
Mah Sing Group is acquiring 14.38 acres of land in Ampang, Selangor for RM186.17 million to develop a residential project with an estimated GDV of RM1.92 billion. The acquisition involves three parcels from two sellers and marks Mah Sing's third development in Ampang.