Back 01 Sep 2025

GuocoLand sells JB hotel to YTL for RM150 million ​  

Summary: GuocoLand is selling the Thistle Johor Bahru hotel and land for RM150 million to YTL Hotels & Properties, expecting a RM35 million gain. The company is also considering selling the Thistle Port Dickson Resort.

Link: https://www.theedgesingapore.com/news/property/guocoland-sells-jb-hotel-ytl-rm150-million