90% of Liberty Arc’s Block B and C SoHo units taken up
PETALING JAYA (Jan 24): EcoFirst Consolidated Bhd saw 90% of Block B and C in its Liberty Arc project in Ampang Ukay taken up ahead of the official launch in March.
Prices for SoHo and SoVo units could drop by at least 10% in 2017
KUALA LUMPUR (Jan 18): Due to an oversupply, high-end strata properties particularly Small-office Home-office (SoHo) and Small-office Virtual-office (SoVo) units could see prices falling by at least 10% this year, according to property consultancy firm CBRE | WTW.
Ceylonz Suites launch sees encouraging response
KUALA LUMPUR (Dec 28): Some 43% of the 442 studio office units at Ceylonz Suites were taken up three weeks after its official launch, according to developer Exsim Development Sdn Bhd.
What you should know about commercial-titled residences
The Selangor state government, in its effort to meet the current demand for affordable housing, has recently issued a mandate to property developers in Selangor to allocate up to 30% of their serviced apartment, Small-office Home-office (SoHo), Small-office Versatile-office (SoVo) and Small-office Flexible-office (SoFo) developments to affordable units, depending on property type and location.
Mediaraya to launch SoFo project in Subang Jaya by early December
PETALING JAYA (Nov 11): Mediaraya Sdn Bhd, the property division of food and beverage operator Cinta Subang Development Sdn Bhd, is planning to launch a Small-office Flexible-office (SoFo) development called The Grand Subang @ SS13 by early next month.
80% of the Core SoHo Suites Tower B units taken up
PETALING JAYA (Oct 31): KIP Group’s latest development — Core SoHo (Small-office Home-office) Suites in Kota Warisan, Sepang, is well-received with 80% of Tower B’s units taken-up, according to the group’s director Valerie Ong.
On ways to lift the market
Continues from: On bringing down property prices ‘No more goose that lays the golden egg’ Tan (pictured): Right now we have many properties unsold in certain sectors.
Ampang Ukay project, worth over RM5 bil, to keep EcoFirst busy
KUALA LUMPUR (Oct 25): EcoFirst Consolidated Bhd will be kept busy with its Ampang Ukay project which has a gross development value of over RM5 billion, to be realised over the next 12 years.
First phase of Lumi Tropicana sees 75% take-up
THE first phase of Thriven Global Bhd’s Lumi Tropicana, along Persiaran Tropicana in Petaling Jaya, has achieved a take-up of 75% since its official launch on Oct 15.
I-Bhd's 3Q net profit up 162% on property development
KUALA LUMPUR (Oct 24): I-Bhd's net profit grew 162% to RM22.
