Price, location and product mismatch in housing supply
KUALA LUMPUR (May 4): There is no oversupply of residential properties in the country as demand for housing has outstripped supply in 2017, said CBRE|WTW managing director Foo Gee Jen.
KUALA LUMPUR (May 4): There is no oversupply of residential properties in the country as demand for housing has outstripped supply in 2017, said CBRE|WTW managing director Foo Gee Jen.
PETALING JAYA (April 21): The declining prices of properties on the secondary market – by as much as 6% in some cases – will affect primary market prices, prompting property developers to amend their offerings to control costs, said CBRE | WTW managing director Foo Gee Jen.
PETALING JAYA (April 7): The real estate rental market will be boosted by rail connectivity, even more so than road connectivity, said CBRE|WTW Malaysia managing director Foo Gee Jen.
Bubble, bubble’, toil and trouble? Bubble can be a scary word for property investors because it means that real estate prices are inflating rapidly over a short period without the support of underlying fundamentals or demand.
No longer an alien concept, co-working spaces have been gaining more attention of late.
PETALING JAYA (Jan 30): One Crown Place, a mixed-use development in London developed by the Malaysian infrastructure conglomerate AlloyMtd Group, will open a luxury hotel in early 2020 within a restored Georgian terrace built in the 1800s, said adviser CBRE Group Inc in a statement today.
KUALA LUMPUR (Jan 23): Although salary growth has kept pace with growth in property prices, basic salaries are still low compared with average property prices.
KUALA LUMPUR (Jan 23): Perhaps it is high time for a paradigm shift where the absence of homeownership does not imply welfare deprivation, said managing director of CBRE|WTW Malaysia Foo Gee Jen.
PETALING JAYA (Jan 19): A property industry expert has advised caution when buying into properties packaged with guaranteed rental return (GRR) schemes, despite the enticement of hassle-free rental returns over a specific period.
KUALA LUMPUR (Jan 17): The government should ensure that the many affordable housing schemes by various federal and state agencies will not create an oversupply of affordable homes in the market, said CBRE|WTW Malaysia.