The mushrooming of co-working spaces
The advancement of technology has given rise to more flexible working arrangements and workplace innovations such as remote working, co-working spaces and teleconferencing.
Property sales dipped further in first half of 2016
Market performance remained sluggish in the first half of this year as property transaction numbers in the country continued their downward trend.
Mitrajaya Holdings bags contract worth RM74.31m from MRCB Builders
KUALA LUMPUR (Nov 1): Mitrajaya Holdings Bhd has bagged a contract worth RM74.
Build 30% affordable housing instead of low cost, property expert urges government
KUALA LUMPUR (Nov 1): A property investment consultant has suggested that the government consider imposing a 30% affordable housing quota in every residential development project instead of low-cost housing, Bernama reported today.
Is Starhill Global REIT still as bright?
SINGAPORE (Nov 1): DBS Vickers Securities is maintaining its “buy” call on Starhill Global REIT (SGREIT) with an unchanged target price of 87 Singaporean cents, while CIMB Securities is reiterating its “hold” call on the REIT, lowering its target price from 86 cents previously to 81 cents.
Here’s where to find shelter amid property gloom in Singapore
SINGAPORE (Nov 1): The slowdown continues for Singapore’s property developers and real estate investment trusts (REITs), according to 3Q16 data by the Urban Redevelopment Authority (URA).
KL office occupancy rates may fall further
KUALA LUMPUR (Nov 1): The occupancy rate of offices in Kuala Lumpur city has fallen to 83% from nearly 90% in 2H2015.
Number of overhang and unsold homes may come down in the next few months
KUALA LUMPUR (Nov 1): Overhang and unsold housing units may see a gradual decline over the next few months on the back of decreasing new launches in the market, said National Property Information Centre (Napic) property market sector deputy director Aina Edayu Ahmad (pictured).
Pavilion REIT casts an eye over greenfield projects
Pavilion Real Estate Investment Trust (PavREIT) may be looking at buying developmental projects, possibly Pavilion Bukit Jalil and Pavilion Damansara Heights, taking advantage of the new guidelines proposed by the Securities Commission Malaysia (SC), which will allow the participation of REITs in greenfield projects.
MRCB to launch Kalista Park Homes and Sentral Suites in November
PETALING JAYA (Oct 31): Malaysian Resources Corp Bhd (MRCB) will be launching its Kalista Park Homes in Bukit Rahman Putra, Sungai Buloh this November.
