PROPERTY NEWS


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#Sabah
Sandakan Tourism Players Looking to Govt to Jumpstart Bad Economy
A former hotel owner in Sandakan fought back emotions as he related how he was forced to close the hotel he started 19 years ago after tourism dollars bega...
clock 09-05-2019

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#Sabah
Kota Kinabalu Hotels Now the Most Expensive in Malaysia as Prices Increase by Up to 15%
With greater demand, there can only be two solutions: greater supply, or greater price hikes. In the case of Kota Kinabalu, they’ve gone with the latter ...
clock 23-04-2019

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#International
Investing in Hotel? You Should Check Out the Top 3 Hotel Trends in 2019
The Asia Pacific region is expected to be the standout region from a growth standpoint, with hotel investment volume forecasted to grow by 15% year-on-year...
clock 15-04-2019

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#WestMalaysia
Jalan TAR: Hotels, Land Command Higher Prices
A 3-star international hotel with a built-up area of 34,798 sq ft has been listed for sale on PropertyGuru Malaysia’s portal. The hotel, which has 86 ...
clock 15-03-2019

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#WestMalaysia
Penang Hotels Unable to Compete With Illegal Airbnb Cheaper Rates
The emergence of Airbnb and illegal accommodation is among the main causes for Penang hotels’ occupancy rate to decline, Malaysian Association of Hotels ...
clock 04-03-2019

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#royalechulan
Royale Chulan Bukit Bintang Hotel Has Not Been Sold Off - Defence Ministry
The Defence Ministry refuted claims that Royale Chulan Bukit Bintang Hotel has been sold off to Singapore-based Hotel Royal Ltd for RM197 million in cash. ...
clock 01-03-2019

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#mah
Need for Regulation of Businesses Like Airbnb: MAH
There is a need to regulate the home-sharing business before it undermines the hospitality industry and the property sector, according to the Malaysian Ass...
clock 24-01-2019

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#WestMalaysia
OYO Hotels Widens Malaysian Footprint
OYO Hotels, South Asia’s largest and world’s fastest growing chain of hotels, homes and living spaces, has cemented its position in Malaysia by opening...
clock 01-01-2019

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#International
Malaysia’s YTL to Buy Spanish Hotel Property for $250m
Malaysia-based conglomerate YTL Corp Bhd, through its wholly-owned unit YTL Hotels & Properties Sdn Bhd is acquiring Spanish firm SOL HTL Project, which ow...
clock 370d ago

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#WestMalaysia
Hyatt House Targets Business, Leisure Travellers
Malaysia's first Hyatt House hotel, a brand of Hyatt Hotels Corp, located in Mont Kiara, Kuala Lumpur will welcome guests beginning 1 December 2018. The...
clock 03-12-2018

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#kampung
The Launching of Kampung Tudan Mushroom Farm
The villagers of Kampung Tudan and Hopes Malaysia have organized a soft launching event for the Kampung Tudan Mushroom Cultivation Project at the project s...
clock 29-11-2018

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#WestMalaysia
Malaysia Is Airbnb's Fastest Growing Market in SEA
Airbnb, the world's leading community-driven hospitality company, announced a 99% y-o-y growth in guest arrivals in Malaysia having welcomed more than two ...
clock 27-11-2018

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#club
Club Med Eyes Sabah for Second Resort
Club Mediterranee or (Club Med), has expressed keen interest in investing and developing a resort in Sabah. A four-member delegation from the French Res...
clock 17-11-2018

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#EastMalaysia
China Firm to Build RM8 Bil Resort Off Labuan's Kuraman Island
A Chinese investor is to spend a whopping RM8 billion to develop an international island resort and marina destination off Kuraman Island, creating 10,000 ...
clock 02-11-2018

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#cambodia
Discover Siem Reap Through the Eyes of the Descendants of the Land
Amidst the leafy but vibrant streets of Siem Reap lies The Aviary Hotel. Like its namesake, the beauty and diversity of birdlife native to the Kingdom of C...
clock 01-11-2018

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#WestMalaysia
IHG to Open Regent Hotel Kuala Lumpur Next to TRX
IHG (InterContinental Hotels Group) has announced a signing for its Regent Hotels & Resorts brand in Kuala Lumpur, Malaysia, alongside its relaunch of the...
clock 27-10-2018

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#International
8M Real Estate Creates 8M Collective to Operate Boutique Accommodation Concepts in Singapore
Founded in 2014 by experienced property entrepreneur, Ashish Manchharam, 8M Real Estate has built a firm reputation for injecting new life into gentrifying...
clock 04-10-2018

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#EastMalaysia
Sabah to Add 3,815 Hotel Rooms by 2022
Sabah will add 3,815 hotel rooms to its inventory by 2022 to accommodate the rising number of tourists visiting the State. Sabah Tourism Board General Mana...
clock 12-09-2018

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#hotel
Top 5 Mall Hotels
As diverse as Kota Kinabalu is when it comes to sightseeing and things to do, it's even more so when it comes to accommodations. Hotels integrated with ...
clock 04-09-2018

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#chinese
China Tourists Spend RM2billion in Sabah
Chinese tourists have contributed an estimated RM2 billion in tourism receipts to Sabah last year, said the Consul General of the People's Republic of Chin...
clock 31-08-2018



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