In Depth

On bringing down property prices

"In Kedah, to build a single storey terraced house, the percentage of compliance cost used to account for only 5% of construction cost in 2008. But this has increased to 13% this year."

On ways to lift the market

"What we’re experiencing isn’t close to other countries which are having negative interest rates like certain countries in Europe and Japan."

Axis REIT sees underwhelming 9MFY16

Axis REIT’s 9MFY16 revenue increased marginally to RM125 million (+0.9% y-o-y), driven by additional contribution from Beyonics i-Park Campus, Johor, and better rental reversion rates across its other properties…

Boutique developer’s lament

Dressed in a monochromatic striped sweater and ensconced in one of the snug leather armchairs in his office, Kenny Tan, chairman and CEO of Link (THM) Group, says: “The property market is very challenging.”