Johor’s new high-end high-rise homes may dip below their launched prices this year
PETALING JAYA (Feb 1): The high-rise residential market in Johor’s Iskandar Malaysia has softened in 2016 with lower transaction prices in the subsale market.
CBRE | WTW: Positive outlook for Penang’s industrial property sector
KUALA LUMPUR (Jan 25): Despite the global consolidation of operations and restructuring exercise by multinational companies (MNCs) in Penang, such as those involving Seagate Technology Inc, Western Digital Corp and Intel Corp, the industrial property sector in Penang has fared quite well over 2016.
Penang’s landed housing market stays firm, buyer’s market for non-landed homes
KUALA LUMPUR (Jan 25): With the preference for landed homes among homebuyers in Penang, the landed residential property segment in the state is expected to remain firm, according to CBRE|WTW Penang.
Houses between RM400,000 and RM500,000 to be the focus in 2017
KUALA LUMPUR (Jan 18): This year will see all eyes — including property developers’ — on affordable housing priced between RM400,000 and RM500,000, said property consultancy firm CBRE | WTW.
Prices for SoHo and SoVo units could drop by at least 10% in 2017
KUALA LUMPUR (Jan 18): Due to an oversupply, high-end strata properties particularly Small-office Home-office (SoHo) and Small-office Virtual-office (SoVo) units could see prices falling by at least 10% this year, according to property consultancy firm CBRE | WTW.
Frasers Hospitality Trust’s target price slashed following rights issue
SINGAPORE (Sept 23): UOB Kay Hian is keeping Frasers Hospitality Trust on “buy” but has cut its target price to 81 Singaporean cents, from S$1.
CBRE partners WTW in Malaysia to become CBRE|WTW
PETALING JAYA (May 17): C H Williams Talhar & Wong (WTW) Sdn Bhd – Malaysia’s oldest and largest real estate service provider – is joining forces with CBRE Group, the world’s largest commercial real estate services and investment firm to become CBRE|WTW.
Regeneration zone shows greater property price growth
KUALA LUMPUR (April 14): A study by international property consultancy CBRE has shown that properties within and around regeneration zones experience a substantial growth in prices that outpaces properties within other local authorities in London.
E-commerce set to impact property market
KUALA LUMPUR (April 9): E-commerce businesses are impacting the property market, especially the office and warehouse sectors.
Malaysian property agents must reach out to foreign markets in globalised era
KUALA LUMPUR (March 12): As globalisation is an unavoidable trend in the future, especially after the signing of Trans-Pacific Partnership (TPP), Malaysian real estate agents need to equip themselves with cross-border property investment knowledge to embrace future challenges, urged Malaysia Property Incorporated (MPI) general manager Veena Loh (pictured).
