GE14 outcome won’t derail HSR, says HSBC

Jan 23

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.

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Downsizing the way to go for retailers

Jan 23

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.

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Property investment sales expected to remain soft until 2H18

Jan 23

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.

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Headwinds in the office market thanks to supply glut

Jan 23

PETALING JAYA (Jan 22): The Kuala Lumpur office market is likely to remain subdued due to supply glut, with developments such as Tun Razak Exchange (TRX), Merdeka PNB 118 and Sapura Tower nearing completion, said property consultancies Edmund Tie & Co (SEA) Pte Ltd and Nawawi Tie Leung Property Consultants Sdn Bhd in their “Kuala Lumpur Q4 2017: Retail sector was undergoing stress test” report.

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Half of new high-end homes supply to come from city centre

Jan 24

KUALA LUMPUR (Jan 22): A further 6,176 units of high-end condominiums are expected to come onstream this year, with half of that amount from the city centre, said property consultancies Edmund Tie & Company (SEA) Pte Ltd and Nawawi Tie Leung Property Consultants Sdn Bhd.

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