More empty premium hotel rooms in Klang Valley
HOTELS are struggling to fill their rooms due to a high supply coupled with the economic slowdown and less government and corporate business.
Hong Kong office space the most expensive
PETALING JAYA (Sept 23): Skyscrapers in Asia Pacific experienced the highest rental growth in 1H2016 as Hong Kong skyscrapers continue to be the most expensive, according to international real estate services firm Knight Frank’s 2017 Global Cities report.
A passion for giving back
IT is a quarter past one in the afternoon at Pertubuhan Akitek Malaysia (PAM) Centre at Jalan Tangsi when Datuk Tan Pei Ing walks in.
Singapore's office REITs could shrug off falling rents
SINGAPORE (Sept 9): Maybank Kim Eng has upgraded two Singapore office REITs, CapitaLand Commercial Trust (CCT) and Keppel REIT, to “buy” from “hold”, even as office rents are expected to continue to slide in the near term.
AmInvest wants to increase exposure to REITs but rates M'sia as underweight
KUALA LUMPUR (Sept 7): AmFunds Management Bhd, or more commonly known as AmInvest, has rated Malaysia's real estate investment trust (REIT) as "underweight", despite seeking to double its investment to RM500 million in that asset class by next March.
Singapore's Grade A office fears unfounded
SINGAPORE (Sept 7): Healthy interest for new office buildings is allaying fears over Grade A office rents crashing and that new office supply will not be absorbed, according to a Monday sector note by DBS Vickers.
Property owners seek clarity on land valuations by JPPH
PETALING JAYA (Sept 6): Some residential bungalow owners along Jalan Gasing in Petaling Jaya are puzzled with the disparity in the valuations done on their properties by private valuers, and those done by the Valuation and Property Services Department (JPPH).
MRCB group MD wins award at Pangkor Dialogue 2016
KUALA LUMPUR (Sept 6): Malaysian Resources Corp Bhd (MRCB) group managing director Tan Sri Mohamad Salim Fateh Din has been recognised as “Property Icon of the Year” at the Pangkor Dialogue Awards 2016.
SGX launches REIT Index for Asia Pacific ex Japan
SINGAPORE (Aug 29): Singapore Exchange (SGX) on Monday launched the SGX APAC ex Japan Dividend Leaders REIT Index, comprising 30 real estate investment trusts (REITs) across the Asia Pacific region excluding Japan.
