News about real estate

KUALA LUMPUR (Aug 27): Axis Real Estate Investment Trust’s (Axis REIT) trustee, RHB Trustee Bhd, is acquiring a property located in Seksyen 15, Shah Alam, from Axis Development Sdn Bhd for RM95 million.

KUALA LUMPUR (Aug 26): Asia Pacific real estate investment volumes are expected to rebound in 1H2021, according to a JLL survey that involves 38 global investors who collectively hold close to US$2 trillion of assets under management.

      成交价格：RM50万（每平方尺RM420） 交易推手：来自Fortress Real Estate Sdn Bhd的Jin Teok（REN 24772，012-771 7963） 成交月份：2020年6月 卖点： ● 租赁地契 ● 单位面积：1,190平方尺 ● 三间卧室、两间浴室 ● 无装潢单位 ● 低楼层单位，有庭院景观 ● 公寓设施：无边界游泳池、小型游泳池、儿童游泳池、桑拿房、健身房、羽毛球场、烧烤区和网球场等 ● 周边设施：学校、购物商场、超市、医院、医疗中心、餐厅、商业中心和银行 ● 易取道Damansara-Puchong Expressway（LDP）、Western KL Traffic Dispersal System（SPRINT）和Kuala Lumpur Middle Ring Road 2（MRR2）   Metropolitan Square是由MK Land Holdings（现已改名为EMKAY Group）开发的混合项目，当中含有六栋公寓大楼。住宅单位面积介于450平方尺至1,426平方尺。 来自Fortress Real Estate Sdn Bhd的Jin Teok是促成此次交易的交易推手。他表示，卖家将原本自己居住的单位脱售套现，作为自己的生意资本。 买家看上了这个1,190平方尺、有三间卧室和两间浴室的单位。这间无装潢的单位不仅能欣赏翠绿的庭院景观，还附有两个停车位。 买家喜爱这个单位的地点和格局，他希望在Damansara Perdana或Petaling Jaya地区买房自住，因为这两个地区交通方便，并有各种便利设施。 Teok认为这对买家来说是一宗很值得的交易，因为该单位的售价仅为每平方尺RM420。 他说，“ Damansara Perdana的房价为平均每平方尺RM500以上。此外，这间单位面积接近1,200平方尺，属于面积较大的单位。如此品质、价格和地点的房地产是很难得的。” 根据EdgeProp Research的数据，Metropolitan Square在2019年有21宗交易，平均价格为RM50.

SHAH ALAM: While many are saying traditional mom and pop stores will soon become history, PKNS Real Estate Sdn Bhd (PREC) is working hard to help the conventional retailers to start their online shops to generate more business.

KUALA LUMPUR (July 15): Knight Frank Malaysia, in its Real Estate Highlights for 1H2020, anticipates retail sales to gradually improve moving forward with further easing of restrictions during the current recovery phase of the movement control order (MCO).

PETALING JAYA (July 13): Datuk Seri Michael Yam FCIOB has been appointed vice president of the Chartered Institute of Building (CIOB) on 23 June 2020.

GEORGE TOWN (July 8):The International Real Estate Federation (FIABCI) Malaysia Chapter hoped the Federal government would reconsider resuming Malaysia My Second Home (MM2H) programme and start accepting applications from expatriates again.

KUALA LUMPUR (April 30): Amanahraya Real Estate Investment Trust announced the appointment of Abdul Aziz Abdul Rasheed as its new chief executive officer, effective today.

PETALING JAYA (April 23): Sentiments on the outlook for real estate markets globally have improved slightly as at April 15 according to a survey by real estate services provider Savills.

PETALING JAYA (April 22): With the gloomy outlook for office and retail, alternative commercial properties such as student accommodation, senior living/retirement housing and co-living could become investments of choice, according to findings of Knight Frank Malaysia’s The Malaysia Commercial Real Estate Investment Sentiment Survey (CREISS) 2020 conducted in February 2020.