E-commerce set to impact the property market
SINCE its emergence in the 1950s, the internet has grown into a juggernaut, changing the way we do practically everything, from finding a partner to buying everyday items like groceries and electronic appliances.
MK Land may sell properties en bloc to minimise risks
MK Land Holdings Bhd (April 14, 37 sen) Maintain outperform with target price (TP) of 50 sen: MK Land Holdings Bhd’s unbilled sales are now at RM150 million from RM200 million previously.
KLCCP Stapled Group: Office rental income remains resilient
KUALA LUMPUR (April 13): KLCCP Stapled Group, which comprises units in KLCC real estate investment trust (REIT) stapled together with the shares of KLCC Property Holdings Bhd, expects a 1% to 2% revenue increase in the current financial year ending Dec 31, 2016 (FY16), as it adds 45,000 sq ft of office space to its office rental income.
MQREIT does not expect significant impact from office space glut
KUALA LUMPUR (April 13): MRCB-Quill Real Estate Investment Trust (MQREIT) does not expect to be significantly affected by the current office space oversupply, as only 7% of its net lettable area (NLA) will be up for renewal in July.
IJM partners Facebook to bring its staff worldwide closer
KUALA LUMPUR (April 5): IJM Corp Bhd announced a groundbreaking partnership with Facebook last Friday, to bring the business version of Facebook to its 4,600-odd employees across the group.
Companies scaling back on office space per head
PETALING JAYA (March 24): Companies are more sensitive and cautious in their spending on office space compared with 20 to 30 years ago, said JLL country head for Malaysia YY Lau.
Social media presence matters, says global internet marketing expert
KUALA LUMPUR (March 12): As nine out of 10 property buyers are looking for real estate information through the Internet, property agents should enhance their presence through online platforms to reach more new clients, said the managing director of a global internet marketing company.
PROPERTY SNAPSHOT 2: What’s affordable in KLCC?
• KLCC remains the most exclusive address in the country, with prices here reflecting the prestige of living in the heart of the city.
Klang Valley retail space to hit 60 million sq ft in 2017
PETALING JAYA (Mar 1): The retail space in Klang Valley will hit the 60 million sq ft mark in 2017, said Savills Malaysia managing director Allan Soo.
