News about REA

KUALA LUMPUR (May 8): South Korea, the poster child of how a country can control the Covid-19 pandemic, is now getting ready for an “inevitable” second wave of the disease after it was discovered that an infected man in Seoul went on club hopping spree recently, reported Asia News Network (ANN).

KUALA LUMPUR (April 30): Amanahraya Real Estate Investment Trust announced the appointment of Abdul Aziz Abdul Rasheed as its new chief executive officer, effective today.

PETALING JAYA (April 29): Unable to withstand impact from the Covid-19 pandemic, Ramada Plaza by Wyndham Melaka will cease operations in end-June, according to a Sinchew Daily report.

SINGAPORE (April 27): A unique real estate deal was closed that reflects the unprecedented circumstances amid the extended “circuit breaker” measures.

成交价格：RM200万（每平方尺约RM736） 交易推手：来自Reapfield Properties (HQ) Sdn Bhd的Carmen Lee（REN 12639，12-207 3989） 成交月份：2020年2月   卖点： ● 永久地契 ● 中层单位 ● 单位面积：2,715平方尺 ● 全装潢 ● 紧邻KL Sentral，步行可抵达NU Sentral购物商场 ● 易取道于主要道路和高速大道，包括Jalan Damansara、Jalan Travers、Jalan Syed Putra和Lebuhraya Sultan Iskandar。 ● 距离吉隆坡市中心约10公里、Mid Valley 约5公里     Plaza Sentral是一座拥有MSC Cybercentre认证的办公大楼，租户大多为IT公司和金融科技初创企业。 该大楼是由Malaysian Resources Corp Bhd（MRCB）开发，该公司也是KL Sentral公共交通导向发展（TOD）的主要开发商。 紧邻KL Sentral交通枢纽的Plaza Sentral中的办公室十分受欢迎，主要因其公共交通便利，且步行范围可达各项便利设施。 来自Reapfield Properties (HQ) Sdn Bhd的Carmen Lee是促成本次交易的交易推手。她指出，卖家希望将单位出售变现，因此不介意以稍低价格脱售这个办公单位。 Lee指出，相比同栋大楼里的其他单位转手价为每平方尺约RM950，该单位是以每平方尺RM736的价格脱售，对买家而言绝对是一笔很棒的交易。她也表示，这个单位的租金收益率可达约9%。 “除了价格之外，买家也很满意该单位的基本装修和办公室家具，以及美丽的城市景观。这里绝对是设立公司的绝妙地点。” 这间2,715平方尺的办公室单位，之前是由卖家自己和一名租户共同使用。租户占据了约1,498平方尺的面积，月租为RM7,050。租约将在2020年4月30日到期，租户若想继续延长租约，可以和新业主重新谈判租金价格。 EdgeProp.

KUALA LUMPUR (April 25): China has dispatched a team to North Korea including medical experts to advise on leader Kim Jong-Un, according to a report by Reuters quoting three people familiar with the situation.

PETALING JAYA (April 23): Sentiments on the outlook for real estate markets globally have improved slightly as at April 15 according to a survey by real estate services provider Savills.

PETALING JAYA (April 23): The Covid-19 pandemic has prompted Sabah tourism industry players to rethink the importance of market diversification in tourist catchment to achieve sustainable growth going forward, said Knight Frank Malaysia (Sabah branch) executive director Alexel Chen.

PETALING JAYA (April 22): With the gloomy outlook for office and retail, alternative commercial properties such as student accommodation, senior living/retirement housing and co-living could become investments of choice, according to findings of Knight Frank Malaysia’s The Malaysia Commercial Real Estate Investment Sentiment Survey (CREISS) 2020 conducted in February 2020.

SINGAPORE (April 22): Long queues were seen at bubble tea shops in Singapore after the country’s Ministry of Trade and Industry announced that all standalone food and beverage outlet are also in the temporary shutdown list until May 4, starting from today, reported China Press.