While there was a sharp drop in the volume of transactions across all subsectors in the property market last year, average prices per unit are still increasing 5%, says CBRE | WTW managing director Foo Gee Jen in presenting the Malaysia series of the property consultancy firm’s Asia-Pacific Real Estate Market Outlook for 2017.
PUTRAJAYA (Feb 13): IOI Properties Group Bhd is looking to launch property projects worth an estimated gross development value (GDV) of RM2 billion to RM2.
SINGAPORE (Feb 13): The manager of Manulife US REIT reported a distribution per unit (DPU) of 3.
KUALA LUMPUR (Feb 13): Shopping malls in Malaysia currently operate in an environment of high operating costs amid lower consumer spending, according to a latest survey by the Malaysia Shopping Malls Association (PPK).
KUALA LUMPUR (Feb 13): The developer of Bukit Bintang City Centre (BBCC) is unfazed by the office supply glut that is haunting the Klang Valley property market now, saying the RM8.
KUALA LUMPUR (Feb 13): Thanks to the RM55 billion East Coast Rail Link (ECRL), the long-forgotten East Coast of Peninsular Malaysia has somewhat come under the limelight again, despite the numerous questions raised about the railway’s price tag and the eventual benefits it could bring to the country.
KUALA LUMPUR (Feb 13): Sarawak-based engineering and construction group Hock Seng Lee Bhd (HSL) is all out to cater to the rising demand for affordable housing in the state’s major urban centres, especially Kuching.
IN less than two years, Singapore-based Lee Rubber Co (Pte) Ltd has divested itself of at least four assets in Malaysia, namely in Johor, Kuala Lumpur and Penang.
Sometimes investing in property overseas could be a good move to avoid putting all your eggs in one basket.
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