Hard Rock Genting Highlands hotel to open in King’s Park in 2027

King’s Park Development Sdn Bhd in a statement on Saturday said the 45-storey Hard Rock Genting Highlands will feature 371 rooms and 630 suites, bringing the total to 1,001 rooms and suites, 200 sq m of retail space called the "Rock Shop", as well as a heated swimming pool, several dining options, spa as well as a lounge and bar.

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Stamp duty on foreign buyers could “offset” MM2H rules relaxation

Maybank Investment Bank (IB) research noted that while a less stringent MM2H “should benefit the domestic property industry in both the rental market and property demand, the imposition of a flat 4% stamp duty on foreign buyers, could result in a 63% increase in stamp duty fees for a property priced at RM1.

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Budget 2024 - Mixed reactions from stakeholders

Varied views from a number of stakeholders in the property segment The Association expresses concerns over plans to introduce a 4% flat rate for the stamp duty on memorandum of transfers on purchases by foreign individuals and companies.

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