KL’s high-end condo market sees drop in rental, capital values
PETALING JAYA (May 21): The first quarter of 2015 (1Q2015) saw significant new supply of condominiums, reported DTZ Research.
PETALING JAYA (May 21): The first quarter of 2015 (1Q2015) saw significant new supply of condominiums, reported DTZ Research.
PETALING JAYA (May 19): Despite the depreciating ringgit against the US dollar in 1Q2015 and ongoing concerns on the impact of low oil prices on the Malaysian economy, the level of investment activity remained surprisingly strong for the quarter, according to DTZ Research’s “Property Times Kuala Lumpur Q1 2015: Cautious Sentiment Aggravates Uncertainties” report.
SINGAPORE (May 15): EcoWorld Development Group Bhd (EcoWorld) celebrated the opening of its international EcoWorld Gallery @ Singapore today.
• Today we look at the price growth and indicative asking rental yields for non-landed residences in Brickfields.
KUALA LUMPUR (May 13): Kimlun Corp Bhd is acquiring land in Kota Tinggi, Johor for RM28.
• Brickfields was previously dominated by low and mid-end housing.
Property sector Maintain overweight: Recent statistics released by the National Property Information Centre (Napic) revealed that overall property transaction value was up +7% year-on-year (y-o-y) to RM163 billion, while volume changed hands rose +0.
PETALING JAYA (May 8): Following a 20% share placement with institutional investors and the completion its corporate exercise yesterday, EcoWorld Development Group Bhd has raised some RM2.
Tong (far left) and Ho (far right) and the launch partners (Photo by Shahrin Yahya) KUALA LUMPUR (May 7): The Edge Media Group has launched the all-new property portal theedgeproperty.