News about rent

PETALING JAYA (Dec 7): Gloomy outlook for the rental rates for Malaysia’s office space remain as supply and demand continue to mismatch while hybrid working models take over.

KUALA LUMPUR (Sept 30): Despite various extensions of rental relief, up to half of mall operators reported significant difficulties collecting rents from their tenants in the first half of 2021 (1H21), according to Bank Negara Malaysia (BNM).

PETALING JAYA (July 14): Asia-Pacific prime office rental has dropped 0.

SINGAPORE (June 11): Beleaguered company Innopac Holdings announced that its wholly-owned subsidiary Awana Rentak has entered into a memorandum of understanding (MOU) with Malaysian developer Wanland Metro in relation to a joint venture to develop land in Tanjung Malim, Perak, Malaysia.

KUALA LUMPUR (May 29): Commercial tenants are requesting rental waivers following the imposition of stricter standard operating procedures for Movement Control Order MCO 3.

LONDON (May 17): As the UK raced with time to accelerate its Covid-19 vaccination programme, working adults are slowly returning to London city centre.

Some time ago, we received an email from an observer who was at a developer’s office.

While landed homes are investors’ darlings, there will always be a market for the more affordable high-rise units.

In terms of rental, EdgeProp.

A favourite with students, Wangsa Maju and Setapak in Selangor have always enjoyed good rental yields of 4% to 6%.