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.
Office markets in KL and Selangor expected to remain subdued
PETALING JAYA (Aug 10): The KL fringe and Selangor office markets are expected to remain subdued while KL city is expected to face downward pressure underpinned by persistent low oil prices, said property consultancy firm Knight Frank Malaysia in its “Real Estate Insights research report for 1H2016”.
Yong Tai on track to bring in HK's Sino Haijing as substantial shareholder
KUALA LUMPUR (Aug 10): Property developer Yong Tai Bhd is despatching a circular to its shareholders today on its proposed corporate exercise to bring in Hong Kong-listed Sino Haijing Holdings Ltd as a new substantial shareholder.
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.
Ajiya signs MoU for a PR1MA project in Sarawak
KUALA LUMPUR (Aug 10): Ajiya Bhd will partner Sarawak-based IMAG Development & Construction Sdn Bhd (Imag) to develop a housing project to be awarded by Prima Corporation Malaysia (PR1MA).
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.
Knight Frank Malaysia: High-end condo market in KL remains lacklustre
PETALING JAYA (Aug 9): With lower volume and value of transactions recorded in the first half of 2016, the market outlook for high-end condominiums in Kuala Lumpur remains slow as buyers and investors continue to adopt a “wait-and-see” approach, said property consultancy firm Knight Frank Malaysia.
Johor Bahru still digesting existing and incoming high-rise homes
PETALING JAYA (Aug 9): While fewer launches of high-rise homes in Johor Bahru are planned this year, the market will still need time to digest its existing and incoming supply of high-rise homes, said Knight Frank Malaysia in its latest property market report.
