News by Rachel Chew

At JLL’s 1Q2022 Real Estate Market Perspective webinar on Tuesday (April 26), on the topic of “What’s next in APAC and Malaysia Logistic Sector?”, JLL research and consultancy Eva Soo shared that despite more supply of industrial properties and warehouses that are expected to enter the market from 2023 onwards, the overall property occupancy rate and rental outlook remains bright.

At Monday's signing ceremony between L&G and Affin Bank, Astoria Ampang, Damansara Seresta and Sena Parc are the latest participating projects of Affin Bank’s Home Step Fast/-i mortgage product.

According to the Malaysian Hospitality Investment intentions Survey released by Knight Frank, some 64% of the hotel owners, operators and owner operators survey respondents are considering increasing their exposure to the Malaysian hotel sector, a sharp hike compared with 36% in 2020.

According to a press statement on Monday (April 11), SDPLOG will focus on investing and developing high-quality industrial and logistics real estate assets, such as E-Metro Logistics Park at Bandar Bukit Raja in Klang, Selangor.

According to the press statement, the 10,000 affordable houses include Idaman Bukit Jelutong (launched on Thursday), Idaman Elmina West (upcoming launch), as well as other ongoing projects such as Rumah Selangorku housing project in Serendah, two high-rise affordable housing projects for Paramount Corp Bhd in Kemuning Utama and Greenwood Salak Perdana, and the Rumah Idaman project for Kwasa Land Sdn Bhd in Kwasa Damansara.

According to a press statement, the three business lines of CBRE|WTW will be renamed as CBRE WTW Valuation & Advisory Sdn Bhd (formerly known as C H Williams Talhar & Wong Sdn Bhd), CBRE WTW Real Estate Sdn Bhd (formerly known as WTW Real Estate Sdn Bhd), and CBRE WTW Property Services Sdn Bhd (formerly known as WTW Property Services Sdn Bhd).

Organised by FIABCI Malaysia, the Malaysia Property Awards 2021 award presentation ceremony cum gala dinner was graced by Penang’s eighth Yang di-Pertua Negeri Tun Datuk Seri Utama Ahmad Fuzi Abdul Razak and his wife Toh Puan Datuk Seri Utama Khadijah Mohd Nor.

According to a press statement on Tuesday (March 29), Phase 2 has a gross development value of RM107 million. It consists of 118 double-storey cluster homes and semidee homes with built-ups starting from 2,608 sq ft and priced from RM763,000. The development is expected to be completed in the first quarter of 2025 (1Q2025).

Dubbed Suria Square, it consists of 115 units of double-storey shop-offices sprawling across 18.51 acres of land in Puncak Alam. These come with built-up areas of 3,047 to 4,922 sq ft with prices starting from RM806,000. They are targeted to be completed in 36 months.

Delphy comprises 177 double-storey link homes with a gross development value of RM108 million. All the units are 20ft by 75ft and come with four bedrooms and three bathrooms, with a built-up of 1,800 sq ft. They are priced from RM662,800.