News about WTW

Avaland said an independent valuation by CBRE WTW Valuation & Advisory Sdn Bhd appraised the leasehold land, located adjacent to Plaza 33, at RM49 million.

CBRE | WTW group managing director Tan Ka Leong: “As we look to 2025, it is clear that the Malaysian property market is entering a transformative phase.

“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.