More pressure on KL commercial property this year
KUALA LUMPUR (Feb 5): With more incoming supply, Rahim & Co expects the Kuala Lumpur office market in 2016 to be more challenging in 2016.
PJ City Council promises action on one-way loop congestion
PETALING JAYA (Jan 27): Petaling Jaya City Council (MBPJ) has promised to take action to solve traffic congestion woes on the Petaling Jaya One Way Loop (OWL) system.
Klang Valley office rental growth to be under pressure over next two years
KUALA LUMPUR (Jan 21): Klang Valley office rental growth is expected to be under pressured owing to the new supply of 10 million sq ft coming on stream over the next two years, according to Knight Frank Malaysia Sdn Bhd managing director Sarkunan Subramaniam (pictured).
Cost saving, trends to impact office space
In manoeuvring around the slow property market, multinational companies (MNCs) are looking at ways to save cost.
Guan Eng instructs Penang's Land Office not to authorise any 1MDB land transactions without his approval
GEORGE TOWN (Jan 13): The State Land and Mines Office has been instructed not to authorise any land transactions involving 1Malaysia Development Bhd (1MDB) without the state's prior approval.
KL office rental rates under pressure
A large supply of office space continued to weigh on rental rates in Kuala Lumpur, KL Fringe and Beyond KL (Selangor) in 3Q2015, while the overall market is expected to remain gloomy until year end.
MPCorp sees Iskandar project as key to turnaround
KUALA LUMPUR (Dec 17): Malaysia Pacific Corp Bhd (MPCorp) expects its upcoming residential project within Taman Nusa Damai in Iskandar Malaysia, Johor, which has a gross development value of RM204 million, to help pull it out of its loss-making position.
CBRE reports on Bangkok’s office, hotel and retail sectors for 3Q2015
BANGKOK (Dec 9): International real estate consultant firm CBRE has published a market view report of Bangkok’s office, luxury hotel and retail sectors for 3Q2015.
OSK Property honoured on Forbes Best Under a Billion list
KUALA LUMPUR (Nov 5): OSK Property Bhd has been named on Forbes Asia’s Best Under a Billion 2015 list.
