PETALING JAYA (March 23): Kuala Lumpur’s central business district (CBD) office market – which includes the Kuala Lumpur City Centre (KLCC), the Golden Triangle and the city centre’s older commercial area – is expected to see higher absorption rates from 2016 to 2018, with demand expected to overtake new office supply of about 1.
• Today, we look at price growth and indicative asking rental yields for non-landed residences in KLCC.
• Today, we continue our focus on KLCC by looking at average prices on a per square foot (psf) basis.
• KLCC remains the most exclusive address in the country, with prices here reflecting the prestige of living in the heart of the city.
• This week, the spotlight falls on the secondary market of non-landed residences within the KLCC nucleus.
PETALING JAYA (Feb 16): Singapore-listed property developer Oxley Holdings Ltd (Oxley) has announced it will open its 207-room So Sofitel Hotel and a 590-key So Sofitel Residences in the heart of Kuala Lumpur City Centre (KLCC) area in 2020, it said in a press statement today.
KLCC Property Stapled Group (Jan 22, RM7) Maintain hold with a target price of RM7.
MALAYSIAN real estate investment trusts (MREITs) may step up acquisitions this year as the rental reversion cycle peaked in 2014, which helps with asset valuations said Malaysian REIT Managers Association chairman Datuk Stewart LaBrooy (pictured).
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