Where do we go from here?

Property transactions are down, office occupancies are down, unsold units are up — things certainly didn’t look good in 2016, according to the Malaysian Property Market Report 2016 released by the Valuation and Property Services Department (JPPH) early this week.

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Landowners, take note

PETALING JAYA (April 21): In a landmark ruling, the Federal Court had yesterday decided that only constitutionally appointed judges can decide on compensation in land acquisitions.

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UOA REIT holds back acquisition plans

KUALA LUMPUR (April 21): UOA Real Estate Investment Trust (UOA REIT) is putting future property acquisition plans on hold this year due to the subdued market and also because the assessments and due diligence for such transactions will take time.

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