Large incoming supply raises credit risk of commercial properties
PETALING JAYA (March 27): Due to large incoming supply, risks are expected to remain elevated for the office space and shopping complex property segment in Malaysia.
PETALING JAYA (March 27): Due to large incoming supply, risks are expected to remain elevated for the office space and shopping complex property segment in Malaysia.
KUALA LUMPUR (Feb 28): As demand for flexible workspace in city centres rises Wotso Malaysia is exploring opportunities to expand the brand to other cities in Malaysia.
PETALING JAYA (Feb 15): Malaysia’s largest snack company, Mamee Double Decker (M) Sdn Bhd will be moving its Kuala Lumpur office to luxury coworking space Colony@Mutiara Damansara (pictured) in Petaling Jaya, Selangor.
KUALA LUMPUR (Jan 24): IGB Real Estate Investment Trust’s (IGB REIT) net profit for the fourth quarter (4Q) ended Dec 31, 2018 slipped 9.
KUALA LUMPUR (Jan 16): The vacancy rate of Johor Bahru’s high-rise residences is expected to hit above 50% for the first time in 2019, said CBRE | WTW Johor Bahru (pictured) director Tan Ka Leong.
PETALING JAYA (Jan 15): Luxury co-working space and serviced office provider Colony Space Asia Sdn Bhd has announced its expansion into Mutiara Damansara, Selangor, marking its fifth location in the country.
SINGAPORE (Jan 14): Global flexible workspace provider IWG has leased over 20,600 sq ft of space at Capitol Singapore, and will launch its premium co-working space brand No18 there.
PETALING JAYA (Jan 8): Greater Kuala Lumpur could become the biggest office space market in the Asean region this year, according to property consultancy Savills Malaysia.
KUALA LUMPUR (Dec 5): New York based co-working space WeWork will be opening its first co-working space in Kuala Lumpur in 1Q19.
KUALA LUMPUR (Oct 23): New parking operators and building owners using the Touch ‘n Go (TnG) system for parking payment no longer impose the surcharge fee, said a report by The Star today.