GEORGETOWN (Oct 16): Penang’s first ‘premium outlet’ mall, Design Village Penang, in Batu Kawan, will open a month ahead of schedule in October 2016, according to Savills Malaysia managing director Allan Soo.
The Klang Valley residential market continued to slump for the second quarter of 2015 (2Q2015) in the aftermath of the implementation of the Goods and Services Tax (GST) in April, coupled with the weakening of the ringgit, which have tightened domestic spending.
SINGAPORE (Sept 2): International property investment manager SEB Investment GmbH (now known as Savills Investment Management) has put up its office asset, 77 Robinson Road, Singapore, for sale, said DTZ Debenham Tie Leung (SEA) Pte Ltd in a press statement.
THE Klang Valley residential property market was generally quiet with very few launches in the first quarter of 2015, says Savills Malaysia associate director Nabeel Hussain.
KUALA LUMPUR (June 3): The Klang Valley will welcome four million sq ft of retail space in 2015, according to the “Savills Malaysia Retail Report Newsflash” June 1.