News about Property Market

RHB IB said many local institutional funds have yet to take a meaningful position in the property sector.

Maybank IB said Forest City, which has been identified as a special financial zone and a potential high-speed rail (HSR) station in Iskandar Puteri, should continue to attract buying interest in the region.

The property sector stood out as the second best performing sector on Bursa Malaysia in 2023 as the KL Property Index recorded an impressive return of 34.

“Investment in cold storage has cooled from 2021 but has by no means peaked.

AmInvestment said the average unbilled sales for developers under its coverage at 1.

Currently, the demand for green workspaces in KL is estimated to be approximately between 40% and 45% while supply only stands at 35%.

CIDB’s bid to elevate the quality of Malaysian buildings is laudable and a move in the right direction.

Major office occupiers in Kuala Lumpur City comprise oil & gas (O&G), finance and banking, and flexible space operators; whereas KLF encompasses flexible space operators, information technology (IT) and commerce, BPOs and shared services, as well as insurance and financial institutes.

With substantial funds allocated to infrastructure projects, this “is an opportunity for developers to participate in large scale projects with lower risk profile”.

Presenting Knight Frank Malaysia's white key paper titled “ESG by Design: Selangor’s Path To Sustainable Industrial Real Estate”, Frank Malaysia executive director Allan Sim said: “With the launch of Selangor’s Managed Industrial Park (MIP) standard, coupled with green features certification and ESG adoption, MIP developments are expected to attract high-value investment.