Sunway Gandaria Retail 95% sold
BANGI (Feb 16): Sunway Property -- the property arm of Sunway Bhd -- clinched 95% sales for Sunway Gandaria Retail, one of the components of its latest mixed-use development in Bangi, Sunway Gandaria.
Asian property giants sidestep Australia's foreigner rules
SYDNEY (Feb 16): A loophole in Australian property rules has helped overseas developers invest what industry executives believe were record levels in the country in 2015, casting doubt over the efficacy of curbs intended to keep a lid on soaring prices.
Dynasty Hotel tops list of most expensive property for auction at RM210 mil
KUALA LUMPUR (Feb 11): Despite having gone under the hammer a few times since 2014, the reserve price of Dynasty Hotel (pictured) here has remained at RM210 million – making it the most expensive commercial property on the auction market last year, according to online auction listing platform AuctionGuru.
Mixed reaction to restriction of RM300,000 homes to first-time buyers
HIGH property prices have been an issue, especially for first-time homebuyers, for a while now.
Residents unhappy with commercialisation of Bangsar Park
KUALA LUMPUR (Feb 10): Residents of Bangsar Park, Kuala Lumpur are questioning Kuala Lumpur City Hall’s decision to allow the commercialisation of their neighbourhood.
Residents want safer Bangsar, Brickfields
KUALA LUMPUR (Feb 10): Residents of Bangsar and Brickfields in Kuala Lumpur want the authorities to step up efforts to make their neighbourhoods safe.
MIEA organises the 30th Malaysian Annual Real Estate Convention
PETALING JAYA (Feb 5): Malaysian Institute of Estate Agents (MIEA) is organising the 30th Malaysian Annual Real Estate Convention (Marec) on March 11 and 12 in Nexus Bangsar, KL to discuss Malaysia’s overall property market outlook .
More pressure on KL commercial property this year
KUALA LUMPUR (Feb 5): With more incoming supply, Rahim & Co expects the Kuala Lumpur office market in 2016 to be more challenging in 2016.
DONE DEAL: Koi Kinrara serviced apartment, Bandar Puchong Jaya, Puchong
Sold for: RM438,000 or RM409psf Concluded by: Stanley Hang of MIP Properties (012 735 5110) When: Nov 15, 2015 Noteworthy: * Freehold * Block B * 1,072 sq ft, three bedrooms and two bathrooms * Cafeteria, restaurant, squash court, gymnasium, sauna room, wading pool, children’s playground, business centre and function room *IOI Mall and future MRT station within 5 to 6-minute drive; IOI Boulevard, Columbia Hospital, Tesco and Setiawalk nearby; easy access to Bandar Sunway through Damansara-Puchong highway.
Hai Phong has potential to be logistics hub of Vietnam, says CBRE
HANOI (Feb 2): Hai Phong, Vietnam has the potential of becoming a major logistics hub of Vietnam, according to global commercial real estate service firm CBRE (Vietnam) Co Ltd.
