Property owners in Ampang Jaya must update info (The Star, 29th February 2020) All 170,000 property and landowners in Ampang Jaya will be required to participate in a property re-evaluation exercise this year as part of a review of assessment rates. Ampang Jaya Municipal Council (MPAJ) is in the process of sending out notices and…

Asking prices remain on downtrend, PropertyGuru index shows (Sunbiz，18th February 2020) Developers and owners across the board are tempering their expectations as the industry adjusts to the closing of the Home Ownership Campaign (HOC) and a lack of strong catalysts this year, according to the PropertyGuru Malaysia Property Market Index (MPMI) Q1 2020 report. The…

Malaysia’s theme park industry severely hit by Covid-19 (theedgemarkets.com, 20th February 2020) Malaysia’s theme parks and attractions are one of the worst-hit leisure segments as both domestic and foreign tourists shy away from crowded places for fear of contracting the deadly coronavirus. According to Malaysian Association of Amusement Theme Park & Family Attractions (MAATFA) president,…

Curio collection by Hilton to debut in Malaysia (NST Business, 17th February 2020) Hilton, one of the world’s fastest-growing hospitality companies, has signed a 15- year management agreement with Inspirasi Langkawi Sdn Bhd (ILSB) to build The Nautilus Resort in Langkawi. Targeted to launch in 2023, The Nautilus Resort – a 250-room hotel, is set…