Suburban shopping malls are in demand

KUALA LUMPUR (March 12): Despite concerns about oversupply of retail space in urban areas -- with many shopping mall projects nearing completion -- retail consultant Tan Joon Kai (pictured) sees great prospect for suburban shopping malls in maturing neighbourhoods in the Klang Valley.

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Knight Frank: 72% of investors eyeing commercial properties in 2016

KUALA LUMPUR (Feb 23): About 72% of property developers, fund and real estate investment trust (REIT) managers and lenders intend to invest in commercial properties in 2016, despite 57% of respondents saying they are less optimistic on the sector’s outlook, according to a new survey by global property consultancy Knight Frank.

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CPI Land debuts second project, Serintin

FOLLOWING the success of its RM156 million high-rise development Avantas Residences in Old Klang Road, Kuala Lumpur, CPI Land Sdn Bhd is working on its second project — a mixed-use development in Mantin, Negeri Sembilan.

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