ParkCity Group

Malaysian company 1 news story

ParkCity Group (Perdana ParkCity) is the property arm of Sarawak’s Samling Group and the developer of the 473-acre Desa ParkCity township in Kuala Lumpur, with projects in Sarawak and ParkCity Hanoi in Vietnam. In 2026 a company it part-owns agreed to buy two hotels in Tung Chung, Hong Kong.

24 Oct 2026 · Investment

ParkCity-linked firm buys two Hong Kong hotels for RM1.4b

A buyer part-owned by Desa ParkCity developer ParkCity Group will pay HK$2.7b (RM1.4b) for Shimao’s 1,219-room Sheraton and Four Points in Tung Chung.

ParkCity GroupShimao Group Holdings

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