News about WTW

KUALA LUMPUR (Feb 15): Real estate players are of the opinion that the 1km stretch closure to vehicles along Jalan Tuanku Abdul Rahman (TAR) would raise shop tenancy rates and revitalise the historical shopping thoroughfare.

  Gabungan AQRS Bhd CEO Datuk Azizan Jaafar says that its E'Island affordable housing project in Puchong, Selangor and The Peak, a high-rise residential project in Johor Bahru, will generate RM641 million in operating cash flow over the next four years.

KUALA LUMPUR (Jan 16): The government's plan to build one million units of affordable homes within the next 10 years can be achieved albeit being a tall order, said CBRE|WTW managing director Foo Gee Jen.

KUALA LUMPUR (Jan 16): The vacancy rate of Johor Bahru’s high-rise residences is expected to hit above 50% for the first time in 2019, said CBRE | WTW Johor Bahru (pictured) director Tan Ka Leong.

PETALING JAYA (Nov 2): The government’s move to increase the Real Property Gains Tax (RPGT) rate might send the wrong signal to the market, which is already “very soft” at the moment, and discourage foreign investments in the country, according to CBRE|WTW managing director Foo Gee Jen.

PETALING JAYA: The government should not implement new taxes on the real estate industry, especially counter-productive ones such as a vacancy tax, said the immediate past president of the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) Foo Gee Jen.

PETALING JAYA (Aug 8): The Perak Menteri Besar’s (MB) Residence along Jalan Raja Dihilir, Ipoh could probably command between RM120 – RM150 psf based on previous transactions on the same street, the size of the land and its prime location.

KUALA LUMPUR (June 11): Property experts have dismissed concerns that the change of Bangsar South’s name back to Kampung Kerinchi will drive down prices of properties in the area.

虽然我国在2017年接待的游客人数逊于预期，但业界人士仍乐观看待酒店领域的前景，因国内的数大利好因素将持续催化该领域的增长。 房产仲介与顾问公司Zerin Properties总执行长Previndran Singhe表示，尽管大马去年接待的游客人数只有2590万，未达预定目标3100万，但长期游客人数增长率依然可观，许多酒店业者看好旅游业前景，纷纷进驻本地市场。 今年，我国设下的游客人数目标是3310万，并放眼在2020年时，游客人数可攀升至3600万。 “游客增长率向来是吸引新酒店业者的主要因素，迎合国内市场对优质酒店的需求，新酒店数量不断增加。” Previndran续称，国内大型发展项目和主题公园的兴建，也促使市场看好零售、酒店、休闲和娱乐相关房产的前景，从而带动酒店领域发展。 CBRE|WTW董事经理Foo Gee Jen点出，游客人数增加的原因，部分可归功于政府推出的电子签证（eVISA），因相关签证简化旅游大马的程序，因此吸引很多游客前来，特别是中国游客。 国家产业资料中心资料显示，我国酒店数量在2007年至2017年期间，大幅提高了41.

PETALING JAYA (May 17): With zero-rated Goods and Service Tax (GST) beginning next month, property consultants expect it to be a fresh lead that encourages purchasers to end the wait-and-see approach and make their buying decision.