Residential property overhang improves but challenges remain for office and retail sectors, says Ahmad Maslan
“Almost 58% of the overhang was condominiums and apartments.
Fiamma paid RM109m for approval to develop land along Jalan Yap Kwan Seng
The leasehold land, which is located near to Fiamma’s existing 1.
TA Securities positive on CapitaLand Malaysia Trust’s disposal of 3 Damansara Office Tower
In a research note, TA noted that the proposed disposal for RM52 million translates into a premium of 4% over the property’s market value, and would result in a net gain of RM400,000 for the group.
CLMT to sell 3 Damansara office tower to Lagenda Properties for RM52m
Net proceeds of RM50.
14 out of 25 cities record positive annual growth in 1H2023 — Knight Frank Asia-Pacific Residential Index
Singapore registers as the top-performing market with 8% YOY growth.
Asia-Pacific logistics rents continue to rise in 1H2023 — Knight Frank
Rental growth expected to ease for remainder of the year as occupiers adopt cautious approach KUALA LUMPUR (Aug 21): Prime logistics rent in 17 key cities across Asia-Pacific showed an average rise of 10.
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Knight Frank Asia-Pacific office rental index drops by 1.6% q-o-q for 2Q2023
Vacancies rose marginally by a quarter of a percentage point q-o-q to 13.
DONE DEAL: Office unit, Desa Aman, Kuala Lumpur
DONE DEAL: Apartment, Le Yuan Residence, Kuala Lumpur DONE DEAL: Terrace house, Cheras, Kuala Lumpur Located in the heart of Cheras, Wisma Aman Elite, Desa Aman offers modern corporate spaces that house cutting-edge offices, carefully planned to optimise space utilisation and create an ideal environment for achieving a harmonious work-life balance.
KL Fringe and KL City office markets to thrive in 2023, says JLL
With the adoption of a hybrid workplace, companies are also looking for space that offers greater flexibility of space planning.
