PEPS: Low basic salary hindering homeownership
KUALA LUMPUR (Jan 23): Although salary growth has kept pace with growth in property prices, basic salaries are still low compared with average property prices.
UEM Sunrise chooses London-based Atkins as master planner of Gerbang Nusajaya
KUALA LUMPUR (Jan 23): UEM Sunrise Bhd has awarded London-based project management consultant Atkins, a member of the SNC-Lavalin Group, as the winner of the International Land Use Master Planning Competition for Gerbang Nusajaya's Transit-Oriented Development (TOD) plot.
Knight Frank Malaysia: Office occupancy rate, rental likely to continue down trend in 2018
KUALA LUMPUR (Jan 23): The office occupancy rate and average rental in Kuala Lumpur city centre, Kuala Lumpur fringe and Selangor are expected to continue their down trend in 2018, said Knight Frank Malaysia Sdn Bhd managing director Sarkunan Subramaniam.
Market performance in 2018 expected to be like last year, says JPPH
KUALA LUMPUR (Jan 23): The Malaysian property market’s performance in 2018 is expected to be similar to its performance in 2017 in terms of transactions, said Valuation and Property Services Department (JPPH) director-general Nordin Daharom at the 11th Malaysian Property Summit today.
CBRE|WTW: Homeownership not the be-all and end-all
KUALA LUMPUR (Jan 23): Perhaps it is high time for a paradigm shift where the absence of homeownership does not imply welfare deprivation, said managing director of CBRE|WTW Malaysia Foo Gee Jen.
Seacera to build RM242m govt staff housing in Terengganu
KUALA LUMPUR (Jan 23): Seacera Group Bhd has bagged a RM202.
GE14 outcome won’t derail HSR, says HSBC
KUALA LUMPUR (Jan 23): Malaysia’s 14th general election’s (GE14) outcome is unlikely to affect the execution of rail projects such as the Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR), said HSBC Bank Malaysia Bhd chief executive officer Mukhtar Hussain.
Downsizing the way to go for retailers
PETALING JAYA (Jan 22): Considering the challenges faced by the Malaysian retail sector, more retailers are reviewing their business strategy including downsizing, said property consultancies Edmund Tie & Co (SEA) Pte Ltd and Nawawi Tie Leung Property Consultants Sdn Bhd.
Property investment sales expected to remain soft until 2H18
KUALA LUMPUR (Jan 22): Property investment sales are expected to continue to slow down until the second half of 2018, after the Malaysian general elections have taken place, said property consultancies property consultancies Edmund Tie & Co (SEA) Pte Ltd and Nawawi Tie Leung Property Consultants Sdn Bhd.
