News about WTW

PETALING JAYA (June 5): The Penjana Short-term Economic Recovery Plan announced by Prime Minister Tan Sri Muhyiddin Yassin today will provide financial relief to targeted groups of people in the country.

这可能是房市最吊诡的时候，因为在越来越难买得到房子的同时，却有越来越多建成的房子卖不出去。 所谓的已建竣滞销房屋（overhang），指的是那些在开卖后超过九个月仍未售出，且已兴建完成并获得完工与合格证书（CCC）的房子。 国家房地产资料中心（Napic）旗下大马未售产业查询系统（UPESM）数据显示，这类住宅房屋在2019年第三季累计数量增至50,008间，总值RM339.

It could be one of the most bizarre situations in the housing industry.

KUALA LUMPUR (Jan 22): Unsold stocks of serviced apartments, small office home offices (SOHOs) and small office virtual offices (SOVOs) in the Klang Valley will take only one year to clear, instead of five, according to a real estate agency.

KUALA LUMPUR (Jan 16): The Malaysian property market will continue to be flat this year, according to CBRE | WTW managing director Foo Gee Jen at the launch of the CBRE|WTW 2020 Asia Pacific Real Estate Market Outlook Report today.

KUALA LUMPUR (Nov 16): The industrial sector represents a bright spot in the current Malaysian property market, according to CBRE | WTW managing director Foo Gee Jen.

KUALA LUMPUR (Nov 9): The owner of KL33, KL33 Properties Sdn Bhd, is currently looking for a buyer for the building after significantly upgrading it, The Edge Malaysia reported in its latest issue.

  PETALING JAYA (Oct 11): Real estate consultancy CBRE-WTW Managing Director Foo Gee Jen has mixed feelings over the government’s proposal to lower the foreign buying threshold for condominiums and apartments in urban areas from RM1million to RM600,000 in 2020.

  PETALING JAYA (March 11): The goal of reaching RM3bil in sales during the course of the six-month Home Ownership Campaign 2019 (HOC 2019) may be difficult to attain, despite the discounts and initiatives offered by government and and developers, say property consultants.

PETALING JAYA (March 8): Real estate veteran Colin Harold Williams (pictured), who founded the WTW real estate valuation and consultancy companies in Malaysia, passed away at the age of 92 on March 5.