Tepid interest in IGB Commercial REIT evidence of harsh conditions in office market
KUALA LUMPUR (Sept 10): Few may disagree that IGB Bhd signifies quality real estate assets given its track record, be it shopping malls or office space.
KUALA LUMPUR (Sept 10): Few may disagree that IGB Bhd signifies quality real estate assets given its track record, be it shopping malls or office space.
PETALING JAYA (Sept 9): According to Knight Frank, one in four people are looking to move house in the next 12 months.
PETALING JAYA (Aug 5): Cities are now outperforming national housing markets, with 43 cities registering an annual price growth above 10%, up from just one year ago, according to Knight Frank’s latest report Knight Frank’s Global Residential Cities Index, published in July.
While the ongoing Full Movement Control Order (MCO) which started on June 1, 2021 is expected to negatively impact Kuala Lumpur’s prime residential property market, Knight Frank Malaysia’s executive director of Research & Consultancy Judy Ong believes the impact will not be significant.
Investing in luxury properties is like starting a business – it’s a commitment you say yes to only after careful calculations.
PETALING JAYA (July 22): The industrial property market remained attractive, thanks to the booming e-commerce activities amid the pandemic, said property consultancy firm Knight Frank Malaysia.
PETALING JAYA (July 19): Kuala Lumpur high-end condominium market price correction continues due to weaker demand and rental growth remains under pressure due to rising inventory in existing and newly built segments, said Knight Frank Malaysia’s report.
PETALING JAYA (July 15): Businesses in Asia-Pacific (APAC) are less likely to feel the long-term impacts of Covid-19 on their real estate portfolios, with only 14% expecting the pandemic to permanently alter their real estate strategies, according to Knight Frank’s global (Y)OUR SPACE 2021 survey, which features almost 400 international businesses with a combined headcount of over 10 million, providing an insight into the workplace strategies and real estate needs of global companies.
PETALING JAYA (July 14): Asia-Pacific prime office rental has dropped 0.
Being the first country to get impacted by the Covid-19 pandemic in 2020, China saw its hotel sector badly affected with the imposed rules of travel restrictions to contain the spread of the deadly coronavirus and the absence of international travellers.