Sunway REIT 4Q net property income grows 6.8%
KUALA LUMPUR (Aug 12): Sunway Real Estate Investment Trust’s (REIT) net property income (NPI) rose 6.
‘Ringgit to stay strong vs pound’
KUALA LUMPUR (Aug 12): A leading British forecasting group says the ringgit will remain strong against the pound sterling, ranging between 5 and 5.
EcoWorld unveils Eco Grandeur township at the opening of new sales gallery
PUNCAK ALAM (Aug 11): Eco World Development Group Bhd (EcoWorld) has unveiled Eco Grandeur, its latest integrated township in Puncak Alam, Kuala Selangor, in conjunction with the opening of the developer’s 12th sales gallery in Malaysia.
Knight Frank Malaysia: Retail industry being held back by consumers’ weak sentiments
PETALING JAYA (Aug 11): Consumer spending remains a key challenge in the Malaysian retail industry with many continuing to hold back on purchases due to growing concerns on the rising cost of living and weaker job prospects, said property consultancy firm Knight Frank Malaysia in its Real Estates Insights research report for 1H2016.
Office markets in KL and Selangor expected to remain subdued
PETALING JAYA (Aug 10): The KL fringe and Selangor office markets are expected to remain subdued while KL city is expected to face downward pressure underpinned by persistent low oil prices, said property consultancy firm Knight Frank Malaysia in its “Real Estate Insights research report for 1H2016”.
Penang property market immediate outlook challenging, says Knight Frank Malaysia
PETALING JAYA (Aug 10): The immediate outlook of Penang’s property market will be challenging amid difficulties in the global and national economic environment, said property services firm Knight Frank Malaysia in its latest report.
Kundang Estates to be launched next month
GAMUDA Land Sdn Bhd, the property arm of construction group Gamuda Bhd, is known for its successful township developments such as Kota Kemuning, Bandar Botanic, Valencia and Jade Hills in the Klang Valley as well as Horizon Hills in Johor.
Knight Frank Malaysia: High-end condo market in KL remains lacklustre
PETALING JAYA (Aug 9): With lower volume and value of transactions recorded in the first half of 2016, the market outlook for high-end condominiums in Kuala Lumpur remains slow as buyers and investors continue to adopt a “wait-and-see” approach, said property consultancy firm Knight Frank Malaysia.
Mah Sing’s The Greenway sees 85% of units booked over weekend launch
PETALING JAYA (Aug 8): Mah Sing Group Bhd’s The Greenway, located in its Meridin East township at Kong Kong, Pasir Gudang, Johor saw 85% of units booked during its Meridin East Sales Gallery and Show Village launch over last weekend, said the developer in a statement today.
