Tambun Indah 2Q net profit up 67% on more billings, take-up rates
KUALA LUMPUR (Aug 12): Tambun Indah Land Bhd’s net profit rose 67% to RM28.
Fare is key for HSR, say real estate consultants
PETALING JAYA: The Kuala Lumpur-Singapore High Speed Rail (HSR) will be a boost to properties near the stations, if the fares are reasonable.
Penang opts for costlier elevated LRT system, less social impact
GEORGE TOWN (Aug 11): Penang state government has decided to build a RM4.
Kota Kinabalu residential sector sees gentle improvement this year on fewer new launches
PETALING JAYA (Aug 11): The residential property sector in Kota Kinabalu is witnessing a gentle improvement, underpinned by a lack of new launches in the market, said property consultancy firm Knight Frank Malaysia in its Real Estate Highlights report.
Knight Frank Malaysia: Retail industry being held back by consumers’ weak sentiments
PETALING JAYA (Aug 11): Consumer spending remains a key challenge in the Malaysian retail industry with many continuing to hold back on purchases due to growing concerns on the rising cost of living and weaker job prospects, said property consultancy firm Knight Frank Malaysia in its Real Estates Insights research report for 1H2016.
CoreNet introduces its Malaysia chapter
THE corporate real estate (CRE) industry in Kuala Lumpur is gaining importance, as a growing number of multinational organisations are setting up their headquarters and regional offices in the city.
More shopping centres to go on sale
WITH saturation and lower retail sales, the number of shopping centres that have been put up for sale or have been sold has been visibly higher over the past nine months.
Penang property market immediate outlook challenging, says Knight Frank Malaysia
PETALING JAYA (Aug 10): The immediate outlook of Penang’s property market will be challenging amid difficulties in the global and national economic environment, said property services firm Knight Frank Malaysia in its latest report.
Crunch time for malls
JUST last week, Perda City Mall in Bukit Mertajam, Penang, suddenly shut down after a mere 18 months in business.
Kundang Estates to be launched next month
GAMUDA Land Sdn Bhd, the property arm of construction group Gamuda Bhd, is known for its successful township developments such as Kota Kemuning, Bandar Botanic, Valencia and Jade Hills in the Klang Valley as well as Horizon Hills in Johor.
