Sarawak: Glut in high-rise homes
Managing director of CH William Talhar Wong and Yeo Sdn Bhd (WTWY) Robert KS Ting: There is not much oversupply issue for landed homes, but the higher-end high-rise market is facing a glut.
Managing director of CH William Talhar Wong and Yeo Sdn Bhd (WTWY) Robert KS Ting: There is not much oversupply issue for landed homes, but the higher-end high-rise market is facing a glut.
CBRE | WTW managing director Foo Gee Jen: In Malaysia, it is a take it or leave it situation when it comes to new projects. It is time for the power to determine the pricing be returned to buyers. Buyers should determine the price, not the other way round.
Rented for: RM3,400 per month (RM5.24 psf); Concluded by: Eugene Pang (REN 30525) (016-2724228) of MIP Properties Sdn Bhd; When: September 2019
"We have set a relatively conservative sales target for this year. I believe that Bank Negara will cut OPR (Overnight Policy Rate) again this year. The rate cut benefited our sales last year, I hope that it will have a similar effect this year as well," said group managing director Tan Sri Lim Hock San.
The cold and crystal clear water cleanses the mind and soothes the soul.
Alan Ooi: I have always been obsessed with backpacking but I grew tired of flying. One day I saw Youtube videos of people living the van life, so I decided to follow suit.
Rented for: RM6,000 (RM5.39 psf); Concluded by: Eugene Pang (REN 30525) of MIP Properties Sdn Bhd (016-272 4228); When: Sept 23, 2019
The lifestyle mall is expected to have 107 retail outlets spread over its 328,153 sq ft net lettable area. it will also have about 1,300 car park bays.
Property developers are also gearing up to make 5G a key selling point of their upcoming and future projects such as Gamuda Land’s Gamuda Cove in Sepang, Selangor and UOA Group’s Kuala Lumpur Digital City, a proposed integrated development near Jalan Ipoh that aspires to be a 5G smart city.
“This accomplishment is made upon a successful ‘Prop-Con’ initiative introduced to integrate the Property and Construction teams for an improved quality standard within the organisation.”