Cost saving, trends to impact office space
In manoeuvring around the slow property market, multinational companies (MNCs) are looking at ways to save cost.
In manoeuvring around the slow property market, multinational companies (MNCs) are looking at ways to save cost.
The total cumulative office space under construction in KL City, KL Fringe and Beyond KL stood at 9.88 million sq ft. The supply of office space is expected to grow about 10.7% from 4Q2015 to 4Q2017.
Located next to Kelab Golf Sultan Abdul Aziz Shah, Vila Elemen will offer semi-detached houses and bungalows. Kenneth Lee of developer Tekat Maju says the project will cater for those who covet exclusivity.
Vila Elemen is Tekat Maju's first attempt at developing plush homes.
Setia Federal Hill will undertake the development of a new integrated health and research institute known as the National Institute of Health (1NIH) on a 41-acre land in Setia Alam, Shah Alam.
Known for its quality landed homes, Sime Darby Property’s trademark quality and design are seen even in its affordable housing properties, not least at Saron in Bandar Bukit Raja, Klang, a recipient of The Edge Malaysia Affordable Urban Housing Excellence Award 2015.
Despite the market slowdown, S P Setia maintains its composure and confidence as it again makes the Top 10 of The Edge Malaysia Top Property Developers’ Awards.
Sitting on a 12.38-acre parcel in Taman Wahyu, Jalan Ipoh, Lakeville Residence has a gross development value (GDV) of RM1.5 billion, and is scheduled to be completed in 2018.
"They think that if they do not buy today, they will never be able to afford a house.”
Penang is expected to register a 5% to 6% growth in its gross domestic product, outpacing the overall country’s growth by 1%