Office space rental rates grew at insignificant rate
PETALING JAYA (Dec 7): Gloomy outlook for the rental rates for Malaysia’s office space remain as supply and demand continue to mismatch while hybrid working models take over.
Residential property market performance over 20 years
We analysed the growth of average house prices over 20 years for eight states in Malaysia.
Boustead partners PowerChina unit to explore renewable energy, construction opportunities
KUALA LUMPUR (Nov 19): Boustead Holdings Bhd has signed a memorandum of understanding (MoU) with a unit of Power Co Corp of China (PowerChina), to explore collaborations in renewable energy (RE) projects and other civil engineering and construction projects.
Property Chat: Do we lack affordable houses in Selangor?
It is heartening to see that the government, through the 12th Malaysia Plan (12MP), has outlined a more holistic approach to affordable housing as an attempt to reform the housing market in the post-Covid-19 era.
Hong Kong apartment breaks record as most expensive transaction psf in Asia
HONG KONG (Nov 12): An apartment in Hong Kong Island was recently sold for HK$640 million (RM342 million), effectively making it the most expensive sale psf in Asia, reported Bloomberg on Nov 11.
Property Chat: If I were the Housing Minister
The National House Buyers Association (HBA) is appreciative of the housing industry’s significant contributions to our country’s economic development and likewise mindful that house buyers play an important role as the industry’s customers.
More could be done to stimulate property market, says Reapfield
PETALING JAYA (Oct 29): The newly announced Budget 2022 today has disappointed many in the property industry as there are not many significant measures that could stimulate the market, said Reapfield Properties Group COO Jonathan Lee.
CBRE | WTW: No waivers and mention of MM2H, a neutral Budget for property sector
PETALING JAYA (Oct 29): CBRE | WTW group managing director Foo Gee Jen (pictured) maintained a neutral outlook for the real estate industry in light of the tabling of Budget 2022 today.
Samaiden to raise up to RM34m via share placement to fund renewable energy assets
KUALA LUMPUR (Oct 26): Samaiden Group Bhd plans to raise up to RM34.
TNB ventures into UK with offshore wind farm company stake buy
KUALA LUMPUR (Oct 20): Tenaga Nasional Bhd (TNB) has acquired a 49% stake in Blyth Offshore Demonstrator Ltd (BODL), an offshore wind farm company in the UK, from EDF Renewables (EDFR), a subsidiary of French utility company Électricité de France (EDF).
