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City & Country: Cover Story - ‘Outlet shopping is leisure shopping’

RESIDENTS in Melaka and nearby areas who love shopping but don’t want to pay the full price for luxury goods will be eagerly looking forward to the opening of Freeport A’Famosa Outlet Village in Alor Gajah. The RM190 million outlet centre, which will open its doors in April next year, will offer luxury and premium brands of past seasons at discounts of 30% to 70%.

City & Country: Market buoyant after a stable 2013

THE Kota Kinabalu property market is buoyant after having remained stable last year. The secondary market — which rose marginally in 4Q2013 following a slow performance in 3Q2013 — is expected to continue growing.

City & Country: Special Focus: Seremban Focus - ‘Work in KL, live in Seremban’

SEREMBAN and its “offshoot” townships, Seremban 2 and S2 Heights, have in recent years become a beneficiary of rising property values in the Klang Valley. While the capital of Negeri Sembilan is a mere hour’s drive from Kuala Lumpur via the North-South Expressway and Kajang-Seremban Highway, prices of properties there are still fairly affordable, in comparison to the Klang Valley.

Japan investors turn to REITs as inflation play

TOKYO: Yield-hungry investors have been betting that Japanese real estate investment trusts (REITs) will pay off as asset prices rise and interest rates remain stable, with the instruments growing in popularity among both retail and institutional investors.

Turning oil palm land into an airport city

KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) plans to convert some oil palm plantations surrounding Kuala Lumpur’s main air terminal into attractions such as theme parks, concert halls and golf courses to lure businesses and visitors.

Slower price growth this year, says Knight Frank

KUALA LUMPUR: Despite slower growth in Knight Frank Global House Price Index in the first quarter of 2014 (1Q14), Knight Frank expects the index to strengthen in 2Q14.“All eyes will remain on central banks, in particular the Federal Reserve, the Bank of England and the European Central Bank.

Large-scale US, Asia-Pacific investors dominate European property investment markets

LONDON: New large-scale investors to Europe are reshaping markets and there are also more investments from the US, Asia-Pacific and family offices compared to just the traditional pan-European and domestic investors in the past, according to the latest Savills World Research European Investment report.“As the share of global cross-border flows increases and some of the traditional pan-European