KUALA LUMPUR: Developer Armani Group is expanding internationally after signing a memorandum of understanding (MoU) with consultancy TBay and international real estate agency and brokerage network Etagi.
Held at The St Regis Astana on Aug 6, 2026, the signing ceremony was attended by representatives from both countries as well as from Tourism Malaysia and the Malaysian embassy. TBay will be Armani Group’s consultancy partner for its Kazakhstan market expansion while Etagi will support the market introduction through its local real estate network.
“Kazakhstan is a market that has shown encouraging interest in Malaysia’s luxury property segment. Over time, we have seen enquiries and interest from Kazakhstan investors and families seeking quality developments with strong long-term value. We believe this is the right time to bring Armani Hallson KLCC closer to this market,” said Armani Group group sales and marketing director William Lau.
The collaboration was facilitated with the support of CSQ International Consulting, a Malaysia-based professional services group with experience in legal and business consulting services. Etagi director Tsybulina Natalya represented Etagi at the event.
“Kazakhstan has shown encouraging interest in Malaysia, not only as a travel, healthcare and education destination but also as a market with growing awareness of Malaysia’s property investment potential. We sincerely thank CSQ for facilitating the connection with Etagi, enabling this collaboration to move forward as part of Armani Group’s Kazakhstan market expansion,” said TBay founder Clinton Ooi.
“We are pleased to be part of this collaboration with Armani Group and TBay. For Kazakhstan buyers, interest in overseas property is no longer only about location but also confidence, clarity and access to the right opportunities. Through Etagi’s local network and understanding of the Kazakhstan market, we aim to make Malaysian real estate more accessible to qualified buyers and investors who are looking for quality developments with long-term value,” said Etagi chief executive officer IIdar Borisovich Khusanov.
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