Speaking at the launch of JLL Malaysia’s 2Q2024 Greater Kuala Lumpur (KL) Property Market Monitor on Wednesday, JLL Malaysia managing director Jamie Tan said that the upward price trend for both primary and secondary markets is due to inflation, as well as the rising of construction cost and building material prices.
Technology stocks on Bursa Malaysia have plummeted since Friday amid concerns over disappointing earnings of their global counterparts and design troubles of chips powering artificial intelligence.
Bursa Malaysia chairman Tan Sri Abdul Wahid Omar said the front office includes the stock exchange operator's marketing segment which will provide visibility and branding for Bursa Malaysia at TRX.
In February this year, CLMT acquired three prime freehold ready-built factories in Nusajaya Tech Park in Iskandar Malaysia from Nusajaya Tech Park Sdn Bhd for a total RM27 million, marking the trust's entry into the industrial market, as it diversified its geographical footprint to Johor.
"This resilience is partly due to increased disposable income from EPF Account Three withdrawals, which has helped mitigate some living cost pressures,” said Tan Choon Siang, the chief executive officer of the trust's manager, CapitaLand Malaysia REIT Management Sdn Bhd.
CLMT attributed the improved earnings mainly to contribution from Queensbay Mall, which it acquired in March 2023, and better performances of Gurney Plaza, Sungei Wang Plaza, 3 Damansara and Valdor Logistics Hub.
Nippon Paint Malaysia general manager Tay Sze Tuck: “As buildings age, they inevitably experience deterioration, which is made worse by neglect and environmental factors.
“This is why we want to propose that for future developments, certain prerequisites must be fulfilled before planning permission can be granted.
Ho said the record number of submissions for the awards this year was a heartening sign of growing awareness and commitment to best-in-class and sustainable property management practices.
It is part of Knight Frank Malaysia’s strategic expansion plan to enhance its presence across Malaysia.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
