Hong Kong’s office rents reach new highs

PETALING JAYA (Dec 2): Hong Kong has the world’s highest rent for premium office space in 2016, taking a significant lead from two other global cities, London and New York, according to international real estate consultancy JLL.

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First real estate equity crowdfunding in Malaysia

PETALING JAYA (Dec 2): Kellerhof International Sdn Bhd, which owns the master trademark licence for RE/MAX in Malaysia, is inviting interested investors to join the company through an equity crowdfunding exercise which offers up to 6% of the company’s shares to potential investors.

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Building management key to value appreciation

PETALING JAYA (Dec 2): Maintaining a property is part and parcel of the investment required for the preservation and potential appreciation of the property, said Nippon Paint Group Malaysia managing director Yaw Seng Heng.

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Najib launches PR1MA mobile application

KUALA LUMPUR (Dec 1): Prime Minister Datuk Seri Najib Tun Razak launched the PR1MA Corp Malaysia (PR1MA) mobile application, named “PR1MA app” that contains information about the PR1MA project, Bernama reported today.

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Disruptive trends in the building and property industry

When Spotify emerged in 2006, music distribution businesses were sorely affected — after all, who would buy digital music for RM2 apiece when you could get it for free on Spotify? Then came Airbnb, which put a dent in the global hotel industry because now every home can double up as a hotel too.

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