Occupancy rate for KL offices down to 77.9% as at end-2016
PETALING JAYA (April 18): The average occupancy rate for offices in Kuala Lumpur declined to 77.
Ratio of housing loan applications to approvals rose in 2016
PETALING JAYA (April 18): The number of loan applications for residential property purchases totalled 168,154.
Napic: Malaysian property market weakens further, overhang up 44%
KAJANG (April 18): The overall property market slowdown had worsened in 2016 with a decline in transaction volume by 11.
Commercial properties still popular among private buyers, says Knight Frank
PETALING JAYA (April 18): Commercial real estate remains an important asset class for private investors, with 27% of global transaction volumes attributed to them in 2016, according to global real estate consultancy Knight Frank citing Real Capital Analytics.
Ascott Residence Trust’s Japan divestment to support potential acquisitions
SINGAPORE (April 17): UOB Kay Hian is reiterating its “hold” recommendation on Ascott Residence Trust (ART) at a target price of S$1.
Living within an education hub
IN Singapore, it is unusual to find a private condominium located close to both top secondary and tertiary education institutions.
Singapore, Australia, UK the favourite of Malaysians buying overseas homes
KUALA LUMPUR (April 14): Singapore, Australia and the UK are the top overseas home choices for wealthy Malaysians, according to Knight Frank’s Attitudes Survey in the latest edition of its Wealth Report.
S P Setia to buy I&P Group from PNB
KUALA LUMPUR (April 14): S P Setia Bhd, Permodalan Nasional Bhd (PNB) and Amanahraya Trustees Bhd (as trustee for Amanah Saham Bumiputera) have entered into a non-binding Memorandum of Intent to commence negotiations on the proposed acquisition of I&P Group Sdn Bhd by S P Setia.
TAHPS goes digital to boost profile and sell property
KUALA LUMPUR (April 14): Property developer TAHPS Group Bhd hopes to engage in more digital marketing efforts to reach out to young people who want to buy a property in the future.
Aset Kayamas’ The Hamstead condominium sold out in three hours
PETALING JAYA (April 13): Aset Kayamas Sdn Bhd’s The Hamstead condominium project in Desa Tun Razak, Kuala Lumpur was fully taken up in three hours during its launch last Saturday (April 8).
