News about US

KUALA LUMPUR (Feb 6): Wawasan Qi Properties Group (Qi Properties) plans to develop Qi City, an educational and medical hub in Ipoh, Perak with a gross development value of RM1.

PETALING JAYA (Feb 5): Malaysian Institute of Estate Agents (MIEA) is organising the 30th  Malaysian Annual Real Estate Convention (Marec) on March 11 and 12 in Nexus Bangsar, KL to discuss Malaysia’s overall property market outlook .

DESPITE its proximity to Singapore, the Johor Bahru property market had never received the same kind of attention as the Klang Valley or Penang markets until the launch of the Iskandar Malaysia development corridor in 2006.

LONDON (Feb 4): The aggregate take-up for European office space is expected to rise by 10% this year on the back of resilient demand and shortage of office space supply, said global property services firm Knight Frank.

ISKANDAR (Feb 4): Nusajaya Consolidated Sdn Bhd (NCSB), a 50:50 joint-venture (JV) company between United Malayan Land Bhd (UMLand) and UEM Sunrise Bhd, will be launching its mixed development, The Waves, in Puteri Harbour, Johor, by year-end.

•     Fueled by Iskandar Malaysia, Johor Bahru has changed dramatically.

PERTH (Feb 1): Good communication with tenants and owners are among the top priorities of property managers seeking to overcome persistently high vacancy rates in some of Australia’s capital cities.

KUALA LUMPUR (Jan 29): The only way to help house buyers is to get banks to relax housing loan requirements, the Penang government said today.

KUALA LUMPUR (Jan 28): The revisions to Budget 2016 pertaining to the property market have drawn mixed responses from the industry.

CONSERVATORY Melbourne, UEM Sunrise Bhd’s second project in Australia, was launched last October and has received good response.