News about real estate

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.

Sold for: RM510,000 (RM927.

COVID-19病毒肆虐，严重打击全球经济，预期将重创全球经济。一系列前所未见的危机使政府、公司和个人都必须打起十二分精神应对。 为了阻止病毒扩散，我国政府宣布将原本为期两周的行动管制令（MCO）再延长两周至4月14日。商业活动被暂停的后果已经显现。 眼下时局已与往日大不相同，EdgeProp.

KUALA LUMPUR (March 25): Office and industrial real estate investment trusts (REITs) in Malaysia are unlikely to offer free rental or rebates during the Movement Control Order (MCO) period currently in place in the country due to the COVID-19 virus outbreak.

PETALING JAYA (March 25): Real estate agents and negotiators are facing challenges working from home during the Movement Control Order (MCO) period being enforced to stem the spread of the COVID-19 outbreak in Malaysia.

KUALA LUMPUR (March 20): Gamuda Bhd’s property arm Gamuda Land said today that its 548 unit executive condominium joint venture (JV) project known as OLA (pictured) in Singapore has been oversubscribed, after receiving 1,163 electronic applications from interested buyers.

PETALING JAYA (Mar 17):The Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) and the Persatuan Perunding Hartanah Muslim Malaysia (PEHAM) have urged the public to come forward and lodge reports with the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP) and the police if they come across any illegal real estate brokers.

KUALA LUMPUR (March 9): RHB Research has reiterated its “buy” call for KLCCP Stapled Group (KLCCP Stapled), comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust, at RM8.