FAQ / Insights


About Bayan Lepas: Penang’s new business district

Bayan Lepas is an up-and-coming town located in the Southwest District of Penang Island. It is the largest town within the district comprising 62% of the Southwest District’s population. It is also where the Bayan Lepas Free Trade Zone, the Convention Centre, Penang International Airport and Penang Golf Club are located.

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malaysia medical tourism

Malaysia’s booming medical tourism Industry: world-class healthcare treatments at competitive prices

In 2019, Malaysia attracted 1.2 million medical tourists, with more than half seeking treatment in Penang.The medical tourism industry generated a revenue of MYR1.7 billion.

The top Malaysian states for medical tourism are Penang and Kuala Lumpur due to its accessibility by international airlines, reasonably priced hotel rooms and excellent public transportation system. These are the factors that allow medical tourists to easily stay in a hotel or hospital in the short term.

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What are branded residences? A unique product type that you need to know

Branded residences are traditionally a strategic partnership between a reputable hotel brand and a property development. Through this direct association, the property naturally benefits from the hotel group’s well-established and positive brand image. Instilling buyer confidence in the building and facility’s quality, management service and security – all delivered by the trusted brand.

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Malaysia’s 2022 Economic Outlook

Building on the positive momentum of Malaysia’s successful national vaccination program, the country’s GDP growth is expected to accelerate to 6.2% in 2022 from 3.8% in 2021 -according to Standard Chartered Bank’s chief economist for the Association of Southeast Asian Nations and South Asia, Edward Lee. Given that the majority of Malaysia’s population is vaccinated, Lee advised that this would facilitate a sustainable and confident economic reopening. Out of Malaysia’s 32 million population, 78% of the population is fully vaccinated.

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malaysia property market outlook 2022

Malaysia’s 2022 Real Estate Market Outlook

Malaysia’s real estate market, which was downcast last year due to the disruptive impact of covid-19, is expected to see moderate growth in 2022, in line with the expected recovery of the global economy. The Malaysia government has announced its shift from classifying the covid-19 situation as being an “endemic” instead of a “pandemic” and its plans on adopting sustainable long-term policies in dealing with the virus. This will result in more consistent regulations on economic activity and bring clarity for businesses operations, improving sentiments toward financial security and consumer confidence.

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