China investors shifting focus to domestic market

The Asia-Pacific region has been impacted by China’s capital outflow control with China’s outbound investment in Asia Pacific in the first half of this year (1H2017) having slumped 59% y-o-y, according to CBRE Research’s Asia Pacific Marketview 2Q2017 report.

READ MORE

Technology and innovation to drive future cities

PETALING JAYA (Sept 10): The concept of building a smart city is not about constructing a new city from scratch but how to improve the daily lives of city dwellers through technology, innovative ideas and sustainable design.

READ MORE

DONE DEAL: 2-storey terraced house, Lakeside Residences, Puchong

Sold for: RM835,000 Concluded by: Wong Hor Yan (REN 18777) of 1TPE Realty (016-324 8307) When: July 2017 Noteworthy: ● Leasehold ● Land area: 22ft by 75ft ● Built up: 2,167 sq ft ● Four bedrooms and three bathrooms ● Lakeside property ● Gated-and-guarded development According to the agent, Wong Hor Yan of 1TPE Realty, the seller was an investor who bought the unit in 2013.

READ MORE

Central i-City Shopping Centre to open end-2018

PETALING JAYA (Sept 7): Central i-City Shopping Centre, a joint-venture development by I-Berhad (I-Bhd) and Bangkok-based property developer and investor Central Pattana Public Co Ltd (CPN), is scheduled to open at the end of next year.

READ MORE

Amanahraya REIT to buy Vista Tower

KUALA LUMPUR (Sept 7): Amanahraya Real Estate Investment Trust (REIT), which has suspended its trading since yesterday afternoon pending a material announcement, has inked a deal for the purchase of the Grade A Vista Tower office building in Kuala Lumpur for RM430 million, according to a statement from the REIT's major unitholder KDA Capital Malaysia Sdn Bhd.

READ MORE