Sime Darby Property's TRiARA Residences notches positive take-up rate
The 5.6-acre development comprises three blocks of modern, multi-generational units.
The 5.6-acre development comprises three blocks of modern, multi-generational units.
The improved revenue was mainly attributed to stronger sales and progress billings from the Isola KLCC and PRIYA Scheme Kuantan developments, and initial contribution from the group’s recently soft-launched development, The Mate in Damansara Jaya. OCR also saw higher contributions from construction works for YOLO Signature Suites in 1QFY20.
The majority of the respondents of CBRE’s latest Asia-Pacific Cap Rate Flash survey expected investment enquiries to return to normal in the next three to six months, indicating a gradual increase in the number of transactions in the coming quarters.
The residential market in Greater KL is expected to remain the same for the next six months to one year, with few changes in transacted prices.
The London property market has been under scrutiny since before the UK’s vote to leave the European Union (Brexit). The shock and jitters in the property market have subsided somewhat, and the falling pound sterling means better deals for foreign investors.
Penang Island, in particular, has been seeing a lively and resilient property market for a long time. However, it is not immune to the current property market slowdown.
THERE is no doubt Bon Estates Sdn Bhd’s stylish new show gallery in Bangsar — with marble and wood contrasting on the floors and walls, water features, high ceilings and tall windows — was designed to impress.
Ridwan Kamil is a man who commands attention. Dressed in an open-collar shirt and a blazer, he walks into the room with an easy smile and an air of confidence.
The domestic property market is likely to remain slow in terms of transaction volume going forward. This will be mainly due to the weak economy and stringent bank lending policies, says Jeffri Rahim, vice-president of project marketing and estate agency at Savills (M) Sdn Bhd, when presenting The Edge/ Savills Klang Valley Residential Monitor 2Q2016.
"If I use my Tan Sri title on my name card overseas, people just call me Mr Tan,” Tan Sri Esa Mohamed chuckles as he hands us the one for the International Union of Architects (UIA).