Student rentals shine in gloomy market
The rental investment sub-sector will continue to be bright.
In Depth
Selangor’s Kajang moves with the middle classes
New developments and future MRT stations in the area boost secondary market prices.
Sunway Construction eyes order book replenishment of RM2 bil a year
Sunway Construction Group is the largest pure play integrated construction company listed on Bursa. SCG has extensive experience in handling public and private infrastructure jobs, including railway jobs such as the Light Rail Transit and the Mass Rapid Transit systems.
Pavilion REIT likely to acquire completed Pavilion Extension
While investors may treat the asset injection news positively, PavREIT’s one-year forward yield of 5.5% implies a spread of less than 1.5% over the benchmark 10-year Malaysian Government Securities yield, which is thinner than other Malaysian REITS (M-REIT) peers. This suggests that the potential from asset injection has been priced in.
The appeal of homes outside the city
Perhaps the biggest appeal of new developments in suburban areas is the price. Homes that are far from the city centre are much cheaper.
PROPERTY SNAPSHOT 4: What’s hot in Kajang?
The highest growth in capital values was among affordable apartments, led by Taman Kajang Utama (+34.3% y-o-y average transacted price) and Taman Cheras Prima (+32.6% y-o-y).
PROPERTY SNAPSHOT 3: What are developments priced at in Kajang?
Newer condominiums in Kajang cater for slightly more affluent buyers.
WCT sees better prospects in local contracts
WCT is benefiting from the weaker ringgit as the value of its Lusail project in Qatar has increased 14% to RM968 million on currency translation, lifting earnings contribution from this project.
Trends in the Malaysian property market
An ageing population and millennial homebuyers are driving structural changes in Malaysia’s real estate industry.
PROPERTY SNAPSHOT 2: What’s affordable in Kajang?
Kajang’s numerous non-landed properties fall primarily in the mass-market segment.
