News about cbre

WHEN listed property developer Bukit Sembawang Estates previewed Watercove in May, the first units to be snapped up were the strata terraced houses with unobstructed views of the Johor Straits and direct access to the beach.

THE investment landscape for Asia-Pacific real estate has transformed significantly in the past decade.

London will continue to attract Malaysian real estate investors and developers including prominent institutional investors such as the Employees Provident Fund (EPF), Lembaga Tabung Haji and Kumpulan Wang Persaraan (Diperbadankan) (KWAP), although these funds have slowed their buying activity slightly with some of them having even disposed of their real estate assets in the city such as EPF’s disposal of One Sheldon Square and 11-12 St James Square office buildings.

THE UK election result on June 8 makes investing in UK assets tough, says Mark Schofield, managing director of global strategy and macro group at Citi.

My aunt and her family of six live in a house they have been renting in Taman Cheras Indah, Selangor, for over 20 years now.

PETALING JAYA (May 31): The Asia-Pacific region is expected to benefit from the policy uncertainties in the US and Europe in recent times.

The office market is now abuzz, as sentiment has swung from pessimism to optimism in just one year.

ACCORDING to CBRE’s 2017 Asia Pacific Occupier Survey, global economic uncertainty and a focus on cost savings are prompting MNCs to proactively adopt workplace strategies.

While there was a sharp drop in the volume of transactions across all subsectors in the property market last year, average prices per unit are still increasing 5%, says CBRE | WTW managing director Foo Gee Jen in presenting the Malaysia series of the property consultancy firm’s Asia-Pacific Real Estate Market Outlook for 2017.

DUE to the overall weak ringgit and uncertain economic landscape, the property market in Malaysia will continue to be very challenging, says Foo Gee Jen, managing director of property consultancy CBRE|WTW.