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Asia Pacific office space demand up by 33% in 2015

Despite the slowdown in the property market, demand for Asia Pacific’s office space increased by 33% in 2015 compared with 2014, said JLL’s head of research of Asia Pacific capital markets Megan Walters.

Homes in this price range saw the biggest drop in 2015

Transactions for homes priced from RM400,001 to RM500,000 fell by almost half to 14,755 units in 2015 from 28,769 units in 2014, according to the National Property Information Centre’s (Napic) preliminary overview market report.

Kerjaya Prospek bags RM181.31m job in Penang

Kerjaya Prospek Group Bhd, formerly Fututech Bhd, has bagged a RM181.31 million contract from China Communications Construction Co (M) Sdn Bhd (CCCC) for dredging works pertaining to the second phase of the reclamation for Seri Tanjung Pinang development (STP 2) in Penang.

Dubai Properties begins 1/JBR construction

Dubai Properties (DP) announced yesterday the start of construction works of its flagship 1/JBR project, an iconic 46-storey luxury residential tower at the entrance of Jumeirah Beach Resort (JBR) in Dubai.