Axis REIT buys Shah Alam warehouse for RM95m
KUALA LUMPUR (Aug 27): Axis Real Estate Investment Trust’s (Axis REIT) trustee, RHB Trustee Bhd, is acquiring a property located in Seksyen 15, Shah Alam, from Axis Development Sdn Bhd for RM95 million.
DONE DEAL: Serviced apartment unit, Berjaya Times Square Serviced Residence, KL
Rented for: RM1,700 (RM3.
Investors expect Asia Pacific real estate investments to rebound next year: JLL
KUALA LUMPUR (Aug 26): Asia Pacific real estate investment volumes are expected to rebound in 1H2021, according to a JLL survey that involves 38 global investors who collectively hold close to US$2 trillion of assets under management.
DOJ says Jho Low got Chinese Minister to meet Trump lobbyists in attempt to extradite dissident to China
KUALA LUMPUR (Aug 23): Jho Low's (pictured) tentacles go far and wide.
Ambrin: Instructions to amend 1MDB audit report came from Ali Hamsa
KUALA LUMPUR (Aug 13): Former auditor-general Tan Sri Ambrin Buang (pictured) testified today that the directives to amend parts of the National Audit Department (NAD) audit report of 1Malaysia Development Bhd (1MDB) for the year 2014, came from then chief secretary of the government Tan Sri Ali Hamsa.
JLL launches exciting opportunity in London
Property buyers eyeing the international market know one of the success determiners is to ride the buying journey with a well-reputed agency which can provide accurate evaluation and top-notch service.
Braving the new norm with 24/7 healthy indoor air for homes and businesses
Malaysians are now under the Recovery Movement Control Order (RMCO) where Covid-19-related restrictions have been relaxed nationwide.
DONE DEAL: Serviced apartment, Metropolitan Square, Damansara Perdana, Selangor
Sold for: RM500,000 (RM420 psf) Concluded by: Jin Teok (REN 24772) (012-771 7963) of Fortress Real Estate Sdn Bhd When: June 2020 Noteworthy: ● Leasehold ● Built-up size: 1,190 sq ft ● Three bedrooms; two bathrooms ● Unfurnished unit ● Low floor unit with a garden view ● Facilities: Two infinity pools, a clubhouse, two lap pools, two children’s pools, sauna, gym, badminton court, steam room, barbecue area and a tennis court ● Amenities: Schools, shopping malls, hypermarket and supermarket, hospital, medical centre, eateries and restaurants, commercial hub and banks ● Easy access via Damansara-Puchong Expressway (LDP), Western KL Traffic Dispersal System (SPRINT) and Kuala Lumpur Middle Ring Road 2 (MRR2) Read also DONE DEAL: Factory, Kawasan Perusahaan Bandar Sultan Sulaiman, Klang, Selangor DONE DEAL: Condo unit, Seri Hijauan, Shah Alam, Selangor Metropolitan Square is a mixed development project by MK Land Holdings (now known as EMKAY Group).
New wave of Covid-19 cases to further weaken leasing and investment activities
KUALA LUMPUR (Aug 5): Based on CBRE Asia Pacific Research’s Marketview for 2Q2020, the recent resurgence in Covid-19 cases in several markets is expected to impact the commercial real estate market, with the possible exception of logistics.
Should Malaysia's unemployment rate be much higher?
KUALA LUMPUR (July 31): Malaysia’s unemployment rate, which rose to 5.
