News about JLL

KUALA LUMPUR (March 7): The KL central business district (CBD), KL fringe and decentralised areas within the Greater Kuala Lumpur office market are expected to perform differently this year, as various factors drive demand for certain locations more than others, according to JLL Property Services (Malaysia) Sdn Bhd international real estate agent James Short.

PETALING JAYA (Feb 7): JLL Property Services (Malaysia) Sdn Bhd expects gross rents of Kuala Lumpur’s CBD offices to stabilise by the end of this year as more major new buildings come onstream, despite higher projected vacancies.

PETALING JAYA (Feb 6): More tech and fast moving consumer goods (FMCG) companies are leasing more spaces in both the central business district and decentralised locations in Greater KL, said JLL managing director and country head and Malaysian Institute of Estate Agents (MIEA) member YY Lau.

KUALA LUMPUR (Dec 12): If you think Malaysian aspiring first-time homebuyers have it bad, spare a thought for Hong Kong folk.

PETALING JAYA (Nov 21): The temporary freeze on approvals for the development of shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million will be a much-needed relief for landlords or owners of office and residential buildings as it will allow the market to absorb the existing large supply through rising population growth, urbanisation and migration to cities, said JLL Malaysia associate director, research and consultancy Veena Loh.

KUALA LUMPUR (Nov 10): The average asking price for high-end, high-rise residential properties on the secondary market in Kuala Lumpur City Centre (KLCC) has picked up strongly over the past quarter (3Q17) from the previous quarter.

HONG KONG (Oct 27): Nano flats, or apartments each smaller than 200 sq ft, will be the new norm in Hong Kong as 2,100 of such complexes are on drawing boards through 2020.

Manchester has emerged at the top of several league tables this year.

Interest in conservation shophouses has certainly increased, and so have prices.

At JLL’s auction on Aug 24, a double-storey GCB at 28 Rochalie Drive in prime District 10 was put up for sale with an opening price of S$31 million (RM97.