News about Savills

KUALA LUMPUR (March 20): A perfect storm of demographic, social, economic and technological change will transform the real estate sector globally, said Savills World Research head Yolande Barnes.

KUALA LUMPUR (March 20): Demand for residential property is expected to rise after Malaysia’s 14th general elections, thus pushing up real estate transaction volume this year, said Savills Malaysia executive chairman Datuk Christopher Boyd.

KUALA LUMPUR (March 9): New office space in Greater Kuala Lumpur coming up over the next four years will take seven years to be absorbed, chairman of property consultancy Savills Malaysia Sdn Bhd Christopher Boyd told The Malaysian Insight today The increase of 21 million sq ft will take seven years to be occupied at “an optimistic calculation of 2.

KUALA LUMPUR (Jan 23): Savills (Malaysia) Sdn Bhd deputy executive chairman Allan Soo expects the retail market to remain challenging in the short to mid term, mainly due to disruption of e-commerce industry.

PETALING JAYA (Jan 12): The overall property market has been depressed by shrinking demand and oversupply across the residential and commercial property sectors, said industry experts.

KUALA LUMPUR (Jan 3): As the Mass Rapid Transit (MRT) line is rapidly gaining wide acceptance and changing commuter patterns, properties will increasingly be assessed by the distance from the stations, said Savills Malaysia Sdn Bhd (Savills) managing director Datuk Paul Khong.

KUALA LUMPUR (Jan 3): The Tun Razak Exchange (TRX) is set to be the most successful master-planned development in 2018, said Savills Malaysia Sdn Bhd (Savills) managing director Datuk Paul Khong.

KUALA LUMPUR (Jan 3): Malaysia is the most attractive place for retail brands to expand into Southeast Asia, thanks to its strategic location, low taxes, and barriers to entry compared with other countries in the region, said Savills Malaysia Sdn Bhd (Savills) deputy executive chairman Allan Soo.

PETALING JAYA (Oct 5): The government should pick the “low-hanging fruits” that could lead to significant shifts in the property market, said Lendlease Projects Sdn Bhd director and country head Dinesh K Nambiar.

KUALA LUMPUR (Aug 16): Melbourne is ranked the world’s most liveable city for the seventh year by Economist Intelligence Unit’s annual Liveability Index.