Retailers and consultants approached by TheEdgeProperty.
PETALING JAYA (Aug 9): With lower volume and value of transactions recorded in the first half of 2016, the market outlook for high-end condominiums in Kuala Lumpur remains slow as buyers and investors continue to adopt a “wait-and-see” approach, said property consultancy firm Knight Frank Malaysia.
KLCC Property Stapled Group (Aug 4, RM7.
KUALA LUMPUR (Aug 3): KLCC Stapled Group, comprising KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (KLCC REIT), recorded a total realised distributable income of RM167.
KUALA LUMPUR (July 14): Hong Leong Investment Bank Research (HLIB Research) has upgraded Malaysian Real Estate Investment Trusts (M-REITs) to “Overweight”, following Bank Negara’s move to cut the overnight policy rate (OPR) by 25 basis points to 3% yesterday.
Sold for: RM2,494,000 (RM1,294 psf) Concluded by: Braxton Lim (REN 08029) of City Crest Realtors (012-635 8348) When: March 2016 Noteworthy: • Freehold • 1,927 sq ft • Partly furnished with built-in wardrobe and kitchen cabinets • Developed by Monoland Corp Sdn Bhd • 36 storeys • 245 units in total • 30 sen psf maintenance fee • Each unit comes with a private lift lobby According to City Crest Realtors negotiator Braxton Lim who brokered the deal, the unit was bought by an investor.