KL office occupancy rates may fall further
KUALA LUMPUR (Nov 1): The occupancy rate of offices in Kuala Lumpur city has fallen to 83% from nearly 90% in 2H2015.
Number of overhang and unsold homes may come down in the next few months
KUALA LUMPUR (Nov 1): Overhang and unsold housing units may see a gradual decline over the next few months on the back of decreasing new launches in the market, said National Property Information Centre (Napic) property market sector deputy director Aina Edayu Ahmad (pictured).
Marrying financial heft with property expertise
Tycoon Tan Sri Quek Leng Chan, through his Singapore-listed vehicle GuocoLand Ltd, has agreed to take a 27% stake in Eco World International Bhd’s (EWI) initial public offering (IPO), slated to take place by March next year.
The 5th LafargeHolcim Awards opens for entries
PETALING JAYA: The 5th International LafargeHolcim Awards competition for projects and design concepts that focus on smart solutions for cities and the built environment is now open for entries from architects, urban design planners and engineers.
On bringing down property prices
Continues from: On IBS as the way to reduce cost ‘Every stakeholder has to play his or her part, not just developers’ Chong: We really need help from the government to reduce cost and prices.
On ways to lift the market
Continues from: On bringing down property prices ‘No more goose that lays the golden egg’ Tan (pictured): Right now we have many properties unsold in certain sectors.
On the property sector’s outlook — Is the worst over?
Continues from: On ways to lift the market ‘Prices will not come down but .
GuocoLand’s stake in Eco World gets a ‘yes’ vote
SINGAPORE (Oct 28): GuocoLand’s participation in Eco World Development Group’s planned IPO of Eco World International (EWI) has CIMB maintaining its “add” call with a target price of S$2.
First Oakwood Hotel & Residences in KL set to open on Oct 31
KUALA LUMPUR (Oct 28): Oakwood Asia Pacific Ltd will be launching its first Oakwood-branded property in the heart of Kuala Lumpur — the Oakwood Hotel & Residence Kuala Lumpur at Jalan Ampang will open its doors on Monday Oct 31.
