Department aims to provide rental data for all kinds of properties.

With an uncertain economy and few signs of the property market bouncing back in the near term, are there still opportunities for investors?

Retail space in the Klang Valley continues to grow despite declining sales, with new malls adding more than two million sq ft last year. Several more malls are set to be completed this year, such as Sunway Velocity Mall, Empire City Mall and myTown Shopping Centre.

IQI Group Holdings chief economist/investment strategies Shan Saeed said Malaysia's property segment was growing in a structured manner and this would continue to attract investments from Europe, China, Japan and South Korea.

The first phase of The Parque Residences in Eco Sanctuary has seen 30% of its condominium units sold since the project opened for sale early this year, said Eco World Development Group Bhd (EcoWorld) general manager Ho Kwee Hong.

Compugates Holdings Bhd’s 70%-owned subsidiary, Compugates Development and Mining Sdn Bhd, plans to dispose of a piece of land in Dengkil, Selangor, to Bangsawan Bumimaju Sdn Bhd for RM62.12 million.

UEM Sunrise Bhd will launch Melia Residences, the first freehold landed strata residential development in Gerbang Nusajaya, Iskandar Malaysia, this Saturday with selling prices from RM596,000 to RM1.5 million.

Sold for: RM455,000 (RM368 psf); Concluded by: Mike Yap of Vivahomes Realty (018-262 6898); When: March 2016

Alwi, who has been with UOA REIT in an independent and non-executive capacity, boasts a luminous career in the public sector.

The i-City property showcase, which will run from April 22 to 24, will showcase the integrated development’s properties priced below RM500,000 such as its Liberty Tower, Parisien Tower and Hyde Tower projects at the i-Gallery @ i-City in Shah Alam.