Demand exceeds supply for green-certified Grade A office in KL – JLL report
Currently, the demand for green workspaces in KL is estimated to be approximately between 40% and 45% while supply only stands at 35%.
The Malaysian housing industry is efficient and competitive — the government should just focus on public housing
How do we compare our building costs to those in neighbouring countries? Are Malaysian developers making excessive profits? Are they building the wrong products at unreasonably high prices to maximise profits, resulting in an excessive number of unsold houses, instead of building more affordable houses? Last week, we provided our data-based analysis that contradicts the prevailing myth that housing is generally unaffordable in Malaysia.
YNH audit committee wants independent review of group’s JV, turnkey construction agreements
YNH said SSF & Co’s report commented that an analysis was carried out on 17 agreements entered into by Kar Sin, and they “do not appear on the face of it to be scams as alleged in various reports found on Facebook or the internet”.
Sime Darby Property’s Hype Residences Phase 1 in SJ7 fully booked
Phase 1 will comprise Tower A, which is a 38-storey tower comprising 310 units, with built-ups ranging from 700 sq ft with two bedrooms and one car park bay, to 1,130 sq ft with three plus one bedrooms and two car park bays.
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Home ownership and affordability in Malaysia: Facts and myths
Home ownership rates rose from 2012 to 2019 across the country, except for Perlis and the Federal Territory of Labuan, according to a DoSM survey .
PTT Synergy clinches RM53 mil construction contract from Sime Darby Property
The project is scheduled to commence on Nov 13, 2023 and to be completed by May 12, 2025 and contribute positively to the group’s future earnings over the duration of the LOA.
DONE DEAL: Bungalow, Bukit Damansara, Kuala Lumpur
DONE DEAL: Terrace house, Taman Tan Yew Lai, Kuala Lumpur DONE DEAL: Terrace house, Tropicana Golf & Country Resort, Selangor Bukit Damansara is an upscale residential area nestled within bustling Kuala Lumpur.
The REAL deal: Towards testing all buildings for quality
CIDB’s bid to elevate the quality of Malaysian buildings is laudable and a move in the right direction.
Ideal Property partners Zestron Precision Cleaning for RM60m investment at Penang Technology Park @ Bertam
Zestron’s expansion at the Penang Technology Park @ Bertam will bring in an estimated investment of approximately RM60 million, and its new facility, which is scheduled for completion by 2025, is expected to be approximately five times the size of its current location.
JLL Malaysia: KL office market sees higher rents in 3Q2023 due to ESG, flight-to-quality requirements
Major office occupiers in Kuala Lumpur City comprise oil & gas (O&G), finance and banking, and flexible space operators; whereas KLF encompasses flexible space operators, information technology (IT) and commerce, BPOs and shared services, as well as insurance and financial institutes.
