Purpose-built Office Rental Index continues uptrend in 2Q17
The Kuala Lumpur rental index rose by 3.7% to 133.5 points.
Latest
Shop overhangs shot up 54.3% to 7,754 units in 1H17
As of June 2017, the existing stock of shopping complexes stood at 15.1 million sq m.
Non-residential property subsector up 4.9% to RM6.4b in 1H17
Growth was due to the rebound in starts for shops and serviced apartments.
Average home prices rose in 1H17
The Malaysian House Price Index grew moderately to 184.1 points in 2Q2017 from 174.4 points a year ago.
Residential overhang growth almost doubles in 1H17
Notably, the overhang in 1H2016 only rose by 28.3% in 1H16 from a year ago.
Residential take-up rose in 1H2017
Due to continued access to housing loans, especially for first-time homebuyers.
Penang CM: Developer has one week to solve Tanjung Bungah homebuyers’ woes
“Fail to do so within the timeframe [and] we will intervene, as we are always on the buyers' side.”
WCT to list REIT in mid-2018, may inject Paradigm Mall JB — Affin Hwang IB
Paradigm Mall Johor Bahru features 20,000 sq ft of indoor ice-skating rink and 35,000 sq ft of gourmet supermarket.
Bandar Sri Sendayan Resort Homes to release phase 2 soon
Matrix Concepts will be launching Allysum by year end.
DK Group targets year-end launch for D’Immersione at Dutamas
The project is located on a 3-acre freehold land at Jalan Duta, Kuala Lumpur and has an estimated GDV of RM850 million.
