Property & Real Estate news in Kuala Lumpur Wholesale Market Kuala Lumpur

1. Kenyalang Smart City in Miri courts Norway for new growth corridor

   1 day ago Sarawak Tribune Royal Norwegian Embassy in Kuala Lumpur, MYS 10 km

   Kenyalang Smart City (KSC) in Senadin, Miri, is seeking Norwegian involvement in its RM10.5 billion, 548-acre smart-city development. Imasa Dinasti Sdn Bhd chairman Ar. Teo Ah Khing met Norwegian Ambassador to Malaysia and Brunei Marianne Fosland at the Royal Norwegian Embassy in Kuala Lumpur to discuss cooperation in technology, sustainability and regional connectivity. The move follows a July Memorandum of Understanding with Muara Port Company to link KSC with Muara Port in Brunei.

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

   2 days ago Channel News Asia Solaris Mont Kiara, Kuala Lumpur 6.9 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.

3. WOLO Mont Kiara: 60-storey hospitality-led residences launching in Dutamas

   6 days ago EdgeProp Persiaran Dutamas, Mont Kiara, Kuala Lumpur 7 km

   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.