News about REA

KUALA LUMPUR (May 18): OCR Group Bhd is planning a mixed development on 47.

PETALING JAYA (May 17): Property prices are expected to drop following the goods and services tax (GST) rate reduction to zero from 6% prior, with commercial properties to see an immediate drop come June, said the Real Estate and Housing Developers’ Association (Rehda) president Datuk Seri FD Iskandar.

拥有一个家是许多马来西亚人共同的梦想，但是构成一个梦想家居的元素有哪些呢？ 尽管这方面的定义会因人而异，但Lafarge Malaysia和EdgeProp.

Rented for: RM20,000 (RM8 psf) Concluded by: Michael S L Wong (REN 09493) of Dynamic Realtors (012-519 8688) When: December 2017 Noteworthy: ● 2,500 sq ft ● Mezzanine Floor of Ampang Point Shopping Centre ● Tenant invested RM100,000 for renovation ● Three-year fixed term with option to renew for another three-year term ● Location is central and surrounded by office crowds According to Michael S L Wong of Dynamic Realtors who concluded the deal, the tenant is none other than Cozy Corner Restaurant, formerly of Ampang Park Shopping Centre, which closed its doors on Dec 31 last year.

Owning a home is a common goal shared by many Malaysians.

KUALA LUMPUR (May 17): KLCCP Stapled Group, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (REIT), posted a marginal 2.

KUALA LUMPUR (May 16): Damansara Realty Bhd reported its second consecutive quarterly profit for the first quarter ended March 31, 2018 (1QFY18), with a net profit of RM1.

KUALA LUMPUR (May 15): Maybank Islamic Bhd’s HouzKEY, Malaysia’s first bank-initiated rent-to-own (RTO) scheme, will launch its second phase which will see the scheme being expanded to cover properties on the secondary market.

PETALING JAYA (May 14): Property consultancy Savills Malaysia expects housing prices to firm up in 2019, with real estate developers only able to increase supply by early 2020, following renewed confidence in the market from the new government’s promise of clean and fair governance.

KUALA LUMPUR (May 8): Damansara Realty Bhd is teaming up with China State Construction Engineering (M) Sdn Bhd (CSCEM) to tender for the 4km Johor Baru-Singapore Rapid Transit System (RTS) railway project.