Looming supply casts shadow on subdued market
THE Kuala Lumpur and beyond Kuala Lumpur (Selangor) office market remained stationary in 4Q2015, with looming supply casting a shadow on rental and occupancy rates.
THE Kuala Lumpur and beyond Kuala Lumpur (Selangor) office market remained stationary in 4Q2015, with looming supply casting a shadow on rental and occupancy rates.
KUALA LUMPUR (March 16): Servcorp Malaysia has launched its new serviced office suites and virtual offices here in Menara Ilham along Jalan Binjai today.
PETALING JAYA (March 16): IJM Land Bhd will be launching Block A, the final block of Kalista 2 @ Seremban 2 executive apartments, and 183 units of 2-storey linked houses called Rimbun Irama in 2Q2016, said IJM Land’s central region senior manager for property development Hoo Kim See.
KUALA LUMPUR (March 16): Eupe Corp Bhd’s Novum South Bangsar project saw 70% of its 729 units booked since the project was launched on March 12, said sales and marketing manager Eric Choong.
• Today, we continue our focus on Bangsar by looking at average prices on a per square foot basis.
KUALA LUMPUR (March 15): About 26% of Malaysian ultra high net worth individuals (UHNWIs) are considering changing domiciles – the second highest rate in the world after China, at slightly over 30% – said Knight Frank Malaysia managing director Sarkunan Subramaniam.
KUALA LUMPUR (March 15): Property remains a hugely important element of Malaysian ultra high net worth individuals' (UHNWIs) investment portfolios despite the sharp decrease in the number of Malaysian UHNWIs, said independent global property consultancy Knight Frank.
KUALA LUMPUR (March 15): Developer Kwasa Land Sdn Bhd, a unit of the Employees Provident Fund (EPF), has awarded a two-year RM268.
KUCHING (March 15): Sarawak Chief Minister Tan Sri Adenan Satem today announced that the state government had abolished payment of certain land quit rents.