News about Savills

One of the keys to a best-managed property is exercising foresight, whereby problems are solved even before they emerge.

Malaysia has seen eight transactions on the secondary market for landed residential properties over RM10 million in 2016.

Over the past decade, condominium projects linked to an MRT station have generated strong sales.

SINGAPORE (April 28): Unitholders of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust will vote today on booting out the REIT’s manager, and perhaps winding up the whole entity.

  LAST November, Savills Investment Management divested two assets in Singapore — its stake in China­town Point to partners Perennial Real Estate Holdings and Singapore Press Holdings for S$92.

KUALA LUMPUR (Feb 23): The retail mall market is expected to take three to four years from now to improve as more malls open in the next few years adding to the oversupply in retail spaces, said Savills (Malaysia) Sdn Bhd managing director Allan Soo.

PETALING JAYA (Feb 17): The outlook for the retail sector is expected to remain flattish this year due to multiple negative factors, said Savills (M) Sdn Bhd managing director Allan Soo.

THE residential market in Greater KL is expected to remain the same for the next six months to one year, with few changes in transacted prices.

HOW are properties in the UK performing post-Brexit vote uncertainty? According to global real estate services provider Savills UK, the decision to leave the European Union (EU) will not severely impact the British property market.

KUALA LUMPUR (Oct 24): Axis Real Estate Investment Trust (REIT) saw its net property income (NPI) fall 3% to RM35.