Companies scaling back on office space per head
PETALING JAYA (March 24): Companies are more sensitive and cautious in their spending on office space compared with 20 to 30 years ago, said JLL country head for Malaysia YY Lau.
4,000 Bandar Bukit Raja households celebrate Earth Hour
PETALING JAYA (March 22): About 4,000 households in Bandar Bukit Raja celebrated Earth Hour together with the developer, Sime Darby Property Bhd, last Saturday.
Specialist commercial property favourite of UHNWI, says Knight Frank
KUALA LUMPUR (MARCH 18): Specialist commercial real estate sector has become an established favourite of ultra-high net wealth individual (UHNWI) investors over the past decade, according to international property consultancy Knight Frank.
Battersea reveals new commercial tenants
LONDON (March 17): Battersea Power Station Development Company Ltd, a Malaysian consortium comprising the Employees Provident Fund, S P Setia Bhd and Sime Darby Property Bhd, have unveiled the first eight new shops, restaurants and cafe going into Circus West, the first phase of Battersea Power Station.
Slower property sales volumes this year, but hidden gems abound
KUALA LUMPUR (March 14): Property sales by developers listed on Bursa Malaysia are expected to be flat or slightly worse than 2015 this year, said CIMB analyst Saw Xiao Jun.
Malaysian property agents must reach out to foreign markets in globalised era
KUALA LUMPUR (March 12): As globalisation is an unavoidable trend in the future, especially after the signing of Trans-Pacific Partnership (TPP), Malaysian real estate agents need to equip themselves with cross-border property investment knowledge to embrace future challenges, urged Malaysia Property Incorporated (MPI) general manager Veena Loh (pictured).
Are luxury properties making a comeback despite the slow market?
PETALING JAYA (March 11): Despite developers scaling back on new property launches, the number of new bungalows and garden villa units launched in 2H2015 have jumped to 312 from 24 units in 1H2015, according to the Real Estate Housing Developers Association of Malaysia (Rehda) Property Industry Survey 2H2015.
Affordable housing not affordable to build
PETALING JAYA (March 11): Close to a third of 159 respondents to the Real Estate Housing Developers Association (Rehda) Property Industry Survey 2H2015 agree that the main issue with affordable housing is the increased overall cost of doing business.
How to survive a soft market
KUALA LUMPUR (March 11): Patience and hard work are the secrets to surviving today’s soft property market, said Malaysia’s top property agents.
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Sunway’s first high-rise residential project in Penang in 2017
PETALING JAYA (March 11): Sunway Property is currently drawing up plans for its first high-rise residential development at its mixed-use development, Sunway Wellesley in Bukit Mertajam in Seberang Perai on the Penang mainland.
