Muted growth seen in Johor for last quarter
THE Johor property market continued to be weak in 4Q2015, as market sentiment remained low and pessimism increased as the global economy deteriorated.
PROPERTY SNAPSHOT 3: What are developments priced in Brickfields?
• Today, we continue our focus on Brickfields by looking at average prices on a per square foot (psf) basis.
Klang Valley retail space to hit 60 million sq ft in 2017
PETALING JAYA (Mar 1): The retail space in Klang Valley will hit the 60 million sq ft mark in 2017, said Savills Malaysia managing director Allan Soo.
MRT 2 major awards in the offing
Construction sector Maintain “overweight”: The Edge weekly reported that IJM Corp Bhd, Sunway Construction Group Bhd (SunCon) and Gadang Holdings Bhd are among the leading contenders for major work packages under the mass rapid transit (MRT) 2 line.
Shangri-La Doha opens for business
DOHA (Feb 29): Shangri-La Hotels and Resorts welcomed a new hotel in Doha, Qatar – the Shangri-La Hotel, Doha, the latest addition to its line of existing hotels – on Feb 23.
Eng Han grows its property development unit
OVER the years, many construction firms have expanded into property development, owing to the similarity of the two businesses.
Four-day Best Buy Property fair targets RM18m sales, 8,000 visitors
PETALING JAYA (Feb 29): Best Buy Property, which will kick off this Thursday, is targeted to attract 8,000 visitors and expected to reach sales of RM18 million, according to the organiser of the exhibition.
Elmina Valley's first phase 95% taken up in 24 hours
PETALING JAYA (Feb 29): Sime Darby Property Bhd’s Elmina Valley Phase 1, which comprises 2-storey linked homes, saw a take-up rate of 95% within a day of its launch last Saturday.
EcoWorld eyes more Batu Kawan land
PETALING JAYA (Feb 29): Eco World Development Bhd (EcoWorld) is acquiring a 300-acre leasehold parcel in Mukim 13, Seberang Perai, owned by Batu Kawan Development Sdn Bhd (formerly Abad Naluri Sdn Bhd).
Knight Frank: More high-end condo project launches to be deferred in 1H2016
KUALA LUMPUR (Feb 29): Real estate consultancy firm Knight Frank Malaysia foresees more high-end condominium projects in Kuala Lumpur that were originally scheduled for launch by 1H2016 being deferred owing to the large amount of incoming supply and poor market sentiment.
