In Depth

The rise of outlet centres

WELL known for its enormous malls, Malaysia is a true shopaholic’s haven. From Pavilion KL and Suria KLCC to Mid Valley Megamall, the list goes on and on. Now, the nation’s favourite pastime has led to the rise of another type of shopping destination: outlet centres.

Home ownership: I’m loving (and hating) it!

As many as 20% of the 1,270 Gen Y respondents (aged 20 to 38 years) admitted that being a homeowner costs more than they initially thought. What annoyed them were the hidden expenses beyond the monthly instalments, such as repairs/renovations and maintenance charges.

PROPERTY SNAPSHOT 4: What’s hot in KLCC?

On closer inspection, the growth in average price is derived from a lack of transactions in the relatively lower-end segment. Few observed projects displayed significant actual appreciation in capital values.