Hong Kong is Asia’s best performing housing market in 2017
PETALING JAYA (April 18): Although the residential market in the Asia Pacific region has generally slowed, Hong Kong has achieved a 14.
JPPH: Residential overhang increases, transaction volume drops
KAJANG (April 17): The amount of overhang homes has grown by 67.
JAKS Resources puts property ambition on hold
KUALA LUMPUR: JAKS Resources Bhd has decided that it will take a step back from the property market to focus more on infrastructure and power-generation projects, especially from renewable resources.
MRCB-Quill REIT unfazed by office space oversupply
KUALA LUMPUR (April 11): MRCB-Quill REIT (MQREIT) is confident of maintaining its performance at a desirable level despite facing oversupply issues in the office space market.
Malaysia’s super rich own the most homes in Asia Pacific
KUALA LUMPUR (April 5): Malaysia’s ultra-high-net-worth individuals (UHNWIs) take the lead when it comes to owning the most number of primary and secondary homes in the Asia-Pacific region, according to The Wealth Report Attitudes Survey 2018, which is part of independent global property consultancy Knight Frank’s 12th edition of The Wealth Report.
Tien Wah seeks shareholders' nod to diversify into property development
KUALA LUMPUR (April 4): Tien Wah Press Holdings Bhd is seeking shareholders' approval to provide financial assistance of up to RM250 million to a joint venture company (JVco), and to diversify its business into property development and investment.
See Hoy Chan plans to inject assets into REIT?
PETALING JAYA (March 31): Property developer See Hoy Chan Sdn Bhd — which owns and manages offices, shopoffices and Starling Mall at its flagship Damansara Uptown — may plan to set up a real estate investment trust (REIT), reported The Edge weekly.
Stakeholders must collaborate to reduce severe imbalances in the retail, office segments
PETALING JAYA (March 28): The authorities, property developers, owners, and other stakeholders in the real estate sector are urged to come up with specific measures to reduce the severe imbalances in the office and shopping complex segments that threaten the rest of the economy, according to the “Financial Stability and Payment Systems Report 2017” published by Bank Negara Malaysia (BNM) today.
KL office market continues to struggle with oversupply but co-working space demand rising
PETALING JAYA (March 26): A stronger performing economy has not helped the Kuala Lumpur office property sector as it continues to struggle with an oversupply of new buildings amidst subdued leasing activities, said global consultancy firm Knight Frank.
Two Putrajaya Grade A office buildings worth RM600m up for sale
PETALING JAYA (March 24): Two Grade A office buildings in Putrajaya valued at RM600 million have been put on sale as their owner, a US-based private equity fund, is unable to pay its debt, reported The Edge weekly.
