DONE DEAL: Serviced apartment, Villa Seavoy, Titiwangsa, Kuala Lumpur
Rented for: RM4,200 (RM2.
Most Malaysians received three types of stimulus funding: DOSM
KUALA LUMPUR (May 6): About 40,000 individuals surveyed by the Department of Statistics Malaysia (DOSM) said they had benefitted from the government’s economic stimulus package.
Residential overhang up 10% if serviced apartments are included
PETALING JAYA (May 1): The absorption of commercial-titled residences, mainly serviced apartments and SoHos, is posing a challenge to the market as seen from the significant increase in the number of overhang units of this property type in 2019.
Amanahraya REIT welcomes new CEO after post left vacant for 15 months
KUALA LUMPUR (April 30): Amanahraya Real Estate Investment Trust announced the appointment of Abdul Aziz Abdul Rasheed as its new chief executive officer, effective today.
Penang reduced serviced apartment overhang by 50% in 2019
PETALING JAYA (April 30): The number of Penang's serviced apartment/SOHO overhang units has decreased by 51.
Serviced apartment prices under pressure as supply surges
PETALING JAYA (April 30): Luxury serviced apartments in certain locations in the country have seen their market prices reduced by up to 14% amidst rising supply in the market.
Johor residential property transactions grew in 2019
PETALING JAYA (April 30): Residential property transactions in the state of Johor saw an uptick in 2019.
Sharp rise in Selangor serviced apartment overhang
PETALING JAYA (April 30): Selangor’s serviced apartment/SOHO overhang units saw a drastic increase in 2019.
KL residential transactions up 1.1% in 2019
PETALING JAYA (April 30): Kuala Lumpur residential property transaction volume saw a slight increase of 1.
Malaysian retail malls' occupancy at 79% in 2019, offices at 81%
PETALING JAYA (April 29): The shopping complex or retail property sector's performance was stable last year, recording an overall occupancy rate of 79.
