PROPERTY NEWS


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#EastMalaysia
Abandoned Hotel Labuan Has Become an Eyesore
It was once the pride of Labuan. But the 10-storey Hotel Labuan has become an eyesore after it was abandoned in 1997. Labuan’s first multi-storey la...
clock 05-11-2019

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#EastMalaysia
Labuan Focusing on Tourism Sector to Restore Its Economy
The Labuan Corporation is currently opting to focus on the tourism sector as the main economic driver of the duty-free island to replace its dependency on ...
clock 19-07-2019

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#EastMalaysia
Labuan Chamber Awaits Land Nod
Labuan Indian Chamber of Commerce and Industry (LICCI) called for the Federal Lands and Mines Department (KPTG) to expedite the approval of land for its co...
clock 18-07-2019

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#EastMalaysia
Labuan Folks Await RM125m Coastal Road
At least 35 per cent of the road users on this island will enjoy smoother traffic flow once the RM125-million coastal road linking the residential areas to...
clock 08-07-2019

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#EastMalaysia
Labuan Airport Hopes for Increase in International, Domestic Flights
Labuan Airport (pix) is capable of handling any increase in flights - both domestic and international - due to its capacity and facilities. “We hope t...
clock 21-06-2019

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#EastMalaysia
Labuan’s New Landmark - the RM13mil Food Court
Two notable developments here – the Medan Selera food court and the refurbished Taman Victoria – were officially opened by Federal Territories Minster ...
clock 01-05-2019

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#EastMalaysia
Labuan Corporation Urged to Resolve Deadlock
Nineteen units of light industrial warehouse – some completed and some at various stages of progress – are at risk of languishing in ruins due to the d...
clock 23-04-2019

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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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#EastMalaysia
PKR in Favour of Labuan Bridge Proposal, Says Nurul Izzah
Parti Keadilan Rakyat (PKR) vice-president, Nurul Izzah Anwar, says the proposed bridge connecting Labuan island and mainland Sabah is a safe, secure and e...
clock 20-09-2018

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#EastMalaysia
Second Blow for Labuan
The first bad news was that the proposed RM4 billion Labuan-Menumbok bridge project would not see the light of day due to the bleak economy. Now, a similar...
clock 24-08-2018

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#labuan
End of the Road for Labuan Bridge
The proposed Labuan-Menumbok bridge costing RM5 billion which had been talked about for 21 years (since 1997) has again hit a roadblock. Federal Territo...
clock 20-08-2018

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#EastMalaysia
Malindo Air Flies Into Labuan, Helps Boost Connectivity
Malindo Air inaugurated its daily flight between Kuala Lumpur and Labuan on Thursday (2 August), allowing for greater connectivity with the duty-free islan...
clock 03-08-2018

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#EastMalaysia
Enhance Labuan Economy, Development to Justify Need for Bridge
Labuan must strive to enhance its economic performance and development to ensure that it is justifiable to have the proposed Labuan-Menumbok Bridge, said F...
clock 15-07-2018

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#shell
Shell Sells Stakes in Sabah Reserves
Shell has completed the sale of its 50% equity interest (Sabah Shell Petroleum Company Limited 25% and Shell Sabah Selatan Sendirian Berhad 25%) in the 201...
clock 04-04-2018

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#EastMalaysia
Labuan's Manufacturing Sector Records RM4.2billion Investments in H1 2017
Labuan's manufacturing sector has attracted RM4.2 billion in investments from January to June 2017 (H1 2017) in 28 projects which had created over 3,000 jo...
clock 28-02-2018

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#EastMalaysia
Labuan Bridge Study to Be Ready in 9 Months
The study on the proposed Labuan-Menumbok bridge will be completed within nine months plus further three months to prepare the design and other aspects of ...
clock 09-02-2018

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#economy
Labuan Booster Plan Launched by PM
Malaysian leader Najib Razak unveiled a "manifesto" to diversify the economy of East Malaysia's financial hub, in a bid to consolidate support in the area ...
clock 22-01-2018

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#labuan
Bridge to Connect Labuan
People may no longer have to fly in or take an hour's ferry ride to Labuan from the Sabah mainland under a plan for a bridge connecting the island to Menum...
clock 19-01-2018

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#labuan
Labuan Bridge Study: New Impetus to Bring a Better Future for Duty-Free Island
The federal government's ‘go ahead' on the techno-economic feasibility study on the proposed Labuan-Menumbok bridge recently is seen as a new impetus...
clock 15-01-2018

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#EastMalaysia
RM26m Labuan Landmark Finally Completed
LABUAN: One of Labuan's most significant historic buildings, Kompleks Darul Kifayah, has finally been completed after some delay. The RM26 million long-aw...
clock 08-01-2018



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