Avaland to acquire PJ land for RM49 mil to undertake high-rise commercial development
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: Mega infrastructure projects, new technologies to shape Malaysian real estate industry in 2025
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.
CBRE Group appoints Hugh Macdonald as head of capital advisors for CBRE Asia Pacific
Macdonald: “I am eager to collaborate with my new colleagues to enhance the value we provide to our clients, meeting their diverse capital requirements, and driving business growth throughout the Asia-Pacific region”.
CBRE|WTW presents its Market Outlook 2024 report
“People in the Klang Valley are becoming more receptive to high-rise living due to land scarcity and affordability.
Overhang residential units of RM500k-RM700k form second-largest segment
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.
CBRE: Capitalisation rates, investment activity in real estate expected to rise in 2H
The survey revealed that Japan is expected to lead the investment recovery in the second quarter (2Q2023), followed by mainland China and Hong Kong in the following quarter, and Singapore, India and New Zealand in 4Q2023.
Fed govt disputes multibillion-ringgit compensation calculated by valuer in Jalan Duta land case
The valuer for Semantan Estate, CBRE | WTW chairman Foo Gee Jen, had estimated mesne profit without interest to be about RM3.
Optimistic vibes even with uncertain property market in 2023
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.
Old office blocks left in limbo as new skyscrapers vie for tenants
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).
CBRE shares positive outlook on Malaysia's hotel sector
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.
