Mixed outlook for Penang housing in 2018
KUALA LUMPUR (Jan 23): The Penang property market is expected to diverge further in 2018, according to real estate consultancy PPC International Sdn Bhd.
Sime Darby Property to focus on key townships in Klang Valley, says MD
KUALA LUMPUR (Jan 23): Sime Darby Property Bhd which had just been listed two months ago on the main market of Bursa Malaysia will continue to focus on developing key townships mainly in Klang Valley.
Rahim & Co: E-commerce growth may prompt smaller warehouse developments
KUALA LUMPUR (Jan 23): The e-commerce industry will accelerate the growth of the industrial property market as demand for logistics and distribution centres rises, prompting the development of smaller industrial facilities, said Rahim & Co International Sdn Bhd research director Sulaiman Akhmady Mohd Saheh.
PEPS: Low basic salary hindering homeownership
KUALA LUMPUR (Jan 23): Although salary growth has kept pace with growth in property prices, basic salaries are still low compared with average property prices.
Savills Malaysia: Retail remains challenging in short to mid term
KUALA LUMPUR (Jan 23): Savills (Malaysia) Sdn Bhd deputy executive chairman Allan Soo expects the retail market to remain challenging in the short to mid term, mainly due to disruption of e-commerce industry.
UEM Sunrise chooses London-based Atkins as master planner of Gerbang Nusajaya
KUALA LUMPUR (Jan 23): UEM Sunrise Bhd has awarded London-based project management consultant Atkins, a member of the SNC-Lavalin Group, as the winner of the International Land Use Master Planning Competition for Gerbang Nusajaya's Transit-Oriented Development (TOD) plot.
Knight Frank Malaysia: Office occupancy rate, rental likely to continue down trend in 2018
KUALA LUMPUR (Jan 23): The office occupancy rate and average rental in Kuala Lumpur city centre, Kuala Lumpur fringe and Selangor are expected to continue their down trend in 2018, said Knight Frank Malaysia Sdn Bhd managing director Sarkunan Subramaniam.
CBRE|WTW: Homeownership not the be-all and end-all
KUALA LUMPUR (Jan 23): Perhaps it is high time for a paradigm shift where the absence of homeownership does not imply welfare deprivation, said managing director of CBRE|WTW Malaysia Foo Gee Jen.
Seacera to build RM242m govt staff housing in Terengganu
KUALA LUMPUR (Jan 23): Seacera Group Bhd has bagged a RM202.
Property investment sales expected to remain soft until 2H18
KUALA LUMPUR (Jan 22): Property investment sales are expected to continue to slow down until the second half of 2018, after the Malaysian general elections have taken place, said property consultancies property consultancies Edmund Tie & Co (SEA) Pte Ltd and Nawawi Tie Leung Property Consultants Sdn Bhd.
