KUALA LUMPUR (April 6): Radium Development Bhd (KL:RADIUM) is venturing into the healthcare sector with the Radium Hospital at Ayer Keroh in Melaka through its wholly-owned subsidiary A Famosa Specialist Hospital (Malacca) Sdn Bhd, says group managing director Datuk Gary Gan.

The 7.11-acre project is adjacent to the Melaka International Trade Centre. Construction of phase one is expected to begin in the second half of this year, pending approval from the authorities, and is scheduled to be operational by the first half of 2028, he adds.

Radium has been actively exploring new property-related ventures that would generate recurring income to contribute to its business and revenue sustainability. The hospital, he says, aligns with this strategy by adding a new asset class to its portfolio.

Meanwhile, the Malaysia Commercial Real Estate Investment Sentiment Survey 2025 by Knight Frank Malaysia shows optimism for the country’s commercial sector this year, underpinned by favourable foreign direct investment flows into the country and a resilient economic landscape.

We also feature the Global Hotel Investment Outlook 2025 report by JLL, which shows new experiences, changing demographics and artificial intelligence are set to influence the hospitality industry. These are the three key themes to watch for in 2025.

In the Designwork column, Ho Chin Keng shares how his passion for the arts from a young age eventually led him into architecture, and then to setting up his firm — CKHO Architect — in Penang back in 2017. He also explains the design thinking process in his works, which involves different ways and perspectives of thinking before reaching an outcome.

There is also a story from our Singapore counterpart on what is fuelling Singapore’s private housing demand. EdgeProp Singapore speaks to several property consultants, and they reckon that robust local demand is a key driver of the country’s resilient housing market.

Read all about it in the April 7 issue of The Edge Malaysia weekly.

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