Residential property overhang improves but challenges remain for office and retail sectors, says Ahmad Maslan
“Almost 58% of the overhang was condominiums and apartments.
Fiamma paid RM109m for approval to develop land along Jalan Yap Kwan Seng
The leasehold land, which is located near to Fiamma’s existing 1.
TA Securities positive on CapitaLand Malaysia Trust’s disposal of 3 Damansara Office Tower
In a research note, TA noted that the proposed disposal for RM52 million translates into a premium of 4% over the property’s market value, and would result in a net gain of RM400,000 for the group.
CLMT to sell 3 Damansara office tower to Lagenda Properties for RM52m
Net proceeds of RM50.
DONE DEAL: Office unit, Desa Aman, Kuala Lumpur
DONE DEAL: Apartment, Le Yuan Residence, Kuala Lumpur DONE DEAL: Terrace house, Cheras, Kuala Lumpur Located in the heart of Cheras, Wisma Aman Elite, Desa Aman offers modern corporate spaces that house cutting-edge offices, carefully planned to optimise space utilisation and create an ideal environment for achieving a harmonious work-life balance.
KL Fringe and KL City office markets to thrive in 2023, says JLL
With the adoption of a hybrid workplace, companies are also looking for space that offers greater flexibility of space planning.
S P Setia appoints new chief operating officer
Zaini is currently executive vice president of the group, a position he held since July 1, 2020.
Upward trend for office market, logistics and data centres in Malaysia, says JLL
In Kuala Lumpur City (KLCC), which include the Golden Triangle area and the older central business district, there are currently 31.
DONE DEAL: Office, The Exchange 106, Kuala Lumpur
DONE DEAL: Semi-detached, Old Klang Road, Federal Territory, Kuala Lumpur DONE DEAL: Shop, Chow Kit, Kuala Lumpur The Exchange 106 in Kuala Lumpur is one of Malaysia’s iconic skyscrapers housing smart and sustainable office spaces alongside other conveniences.
DONE DEAL: Office, KL Eco City, Bangsar, Kuala Lumpur
DONE DEAL: Industrial land, Semenyih, Selangor DONE DEAL: Factory, Mukim Bukit Raja, Selangor The office is located at the renowned KL Eco City, a mixed-use development, situated along Jalan Bangsar.
