Overhang residential units of RM500k-RM700k form second-largest segment
Nevertheless, he noted that increased demand and market shifts have led to an overall reduction in overhang units in 3Q2023, with a 22% decrease year-on-year from 3Q2022.
CBRE|WTW announces new leadership and change in names of business entities
PETALING JAYA (April 1): CBRE|WTW on Thursday (March 31) announced a change in the names of its business entities and the appointment of new leadership.
CBRE | WTW: Pandemic downtime used to reinvent and accumulate asset in the Klang Valley region
CBRE | WTW has launched their report on Jan 7 titled “Market Outlook 2022: Creating Resilience” which provides an insight on the market performance and market outlook for 2022, For the Klang Valley region, the report has noted that the market performance in 2021 had been subdued by the pandemic.
CBRE | WTW: Good potential in workers accommodation segment
KUALA LUMPUR (Oct 13): While the industrial and logistics segment is expected to remain the bright spot in the property industry, CBRE|WTW managing director Foo Gee Jen (pictured) said there will be great potential in worker accommodation.
Sarawak still seeing growth opportunities; Sabah’s outlook remains bleak – CBRE | WTW
PETALING JAYA (Jan 25): Amidst a general gloomy outlook, Sarawak property market is still seeing a silver lining, led by the development of the state’s oil and gas industry in Bintulu and agricultural sector, said C H Williams Talhar Wong & Yeo managing director Robert Ting.
FGV-appointed surveyor defends valuation report on luxury condos
KUALA LUMPUR (Oct 2): The surveyor appointed by FGV Holdings Bhd has today defended his valuation of the two luxury condominiums, saying that the valuation report was produced in compliance to the standard issued by the Malaysian Board of Valuers, Appraisers, Estate Agents and Property Managers.
Industrial property underrated, says expert
KUALA LUMPUR (Nov 16): The industrial sector represents a bright spot in the current Malaysian property market, according to CBRE | WTW managing director Foo Gee Jen.
JB’s high-rise residences vacancy rate expected to hit an unprecedented above 50% this year
KUALA LUMPUR (Jan 16): The vacancy rate of Johor Bahru’s high-rise residences is expected to hit above 50% for the first time in 2019, said CBRE | WTW Johor Bahru (pictured) director Tan Ka Leong.
What’s a fair price for Perak MB’s Residence?
PETALING JAYA (Aug 8): The Perak Menteri Besar’s (MB) Residence along Jalan Raja Dihilir, Ipoh could probably command between RM120 – RM150 psf based on previous transactions on the same street, the size of the land and its prime location.
CBRE | WTW: No news on DIBS, RPGT is good news
KUALA LUMPUR (Oct 27): CBRE | WTW viewed the government’s move of not reintroducing the developer interest bearing scheme (DIBS) and maintaining the current real property gains tax (RPGT) rate in Budget 2018 as positive.
