CBRE|WTW presents its Market Outlook 2024 report
“People in the Klang Valley are becoming more receptive to high-rise living due to land scarcity and affordability.
“People in the Klang Valley are becoming more receptive to high-rise living due to land scarcity and affordability.
Nevertheless, he noted that increased demand and market shifts have led to an overall reduction in overhang units in 3Q2023, with a 22% decrease year-on-year from 3Q2022.
The valuer for Semantan Estate, CBRE | WTW chairman Foo Gee Jen, had estimated mesne profit without interest to be about RM3.
Residential market's transactions expected to increase Industrial market’s demand surges It was an interesting year in 2022 for the Malaysia property market as we saw several initiatives by the government and improvements in sentiment among buyers and developers which led to what seemingly was a post-pandemic recovery phase for the sector.
The latest among these relocations is Malayan Banking Bhd (Maybank), which announced plans to move its head office to Merdeka 118 in 2025, the world's second tallest building owned by the bank's 40% shareholder Permodalan Nasional Bhd (PNB).
KUALA LUMPUR (Apr 29): With a resilient domestic tourism sector and Malaysia's growing popularity as a halal tourism destination, Kuala Lumpur is poised to reap the benefits of the reopening of international travel, CBRE said in a recent Kuala Lumpur Hotel Market Outlook & Prospects 2022 report by CBRE|WTW’s global joint venture partners, CBRE Asia Pacific.
PETALING JAYA (April 1): CBRE|WTW on Thursday (March 31) announced a change in the names of its business entities and the appointment of new leadership.
CBRE | WTW has launched their report on Jan 7 titled “Market Outlook 2022: Creating Resilience” which provides an insight on the market performance and market outlook for 2022, For the Klang Valley region, the report has noted that the market performance in 2021 had been subdued by the pandemic.
KUALA LUMPUR (Jan 12): The property market, which was subdued last year, is expected to see moderate growth in 2022, in tandem with expected recovery of the global economy, said CBRE | WTW Group Managing Director, Foo Gee Jen during the media launch of the real estate consultancy’s 2022 Market Outlook Report at the Malaysia International Trade and Exhibition Centre on Tuesday (Jan 11) morning.
While the industrial and logistics segment is expected to remain the bright spot in the property industry, CBRE|WTW managing director Foo Gee Jen said there will be great potential in worker accommodation.