KUALA LUMPUR (May 21): Land development and “vertical living” issues were today addressed at the 10th National Real Estate Research Coordinator (Naprec) Conference held at the National Institute of Valuation (Inspen) in Kajang.
KUALA LUMPUR (May 21): Property developer UEM Sunrise Bhd is taking steps to limit its exposure to Iskandar Johor as the area has been plagued by oversupply of property development projects.
PETALING JAYA (May 21): The first quarter of 2015 (1Q2015) saw significant new supply of condominiums, reported DTZ Research.
• Today we look at price growth and indicative asking rental yields for non-landed residences in the KLCC area.
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PETALING JAYA (May 20): Capital values in Kuala Lumpur’s office market increased some 6% despite weaker rental rates that put yields under pressure, said analyst firm DTZ Research.
KUALA LUMPUR (May 20): A subsidiary of Magna Prima Bhd, Ibsul Development (Sel) Sdn Bhd, has filed a writ of summons and statement of claim against Selangor’s property development arm Perbadanan Kemajuan Negeri Selangor (PKNS), to claim special damages amounting to RM2.
KUALA LUMPUR (May 20): Builder-cum-property developer WCT Holdings Bhd, which had earlier planned to set up a RM2 billion real estate investment trust (REIT) this year, may postpone the exercise until 2016.
• Based on transactions analysed by theedgeproperty.
KUALA LUMPUR (May 19): The Malaysia Retail Chain Association (MRCA) launched its first Malaysia International Retail, Franchise and Licensing Fair (MIRF) today.
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