News about rental market

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.

PETALING JAYA (Sept 21): A lawyer has advocated for the rental market to be strengthened with more comprehensive laws that sets the terms of a tenancy agreement and address disputes between the landlord and tenant as a way of easing the pressure of making homes affordable on the public sector.

KUALA LUMPUR (July 25): Malaysia has to strengthen the legal framework of the local rental market to nurture renting as a viable alternative to homeownership, said Messrs Amir Toh Francis & Partners advocate and solicitor Ivan Chan.

PETALING JAYA (April 7): The real estate rental market will be boosted by rail connectivity, even more so than road connectivity, said CBRE|WTW Malaysia managing director Foo Gee Jen.

Rental declines for apartments and condominiums appear to be slowing in several market segments.

  Here are the trends for price growth and indicative asking rental yields for non-landed residences in Central City Kuala Lumpur, excluding the KLCC area.

  HONG KONG (Oct 20): Grade-A office rents in Central Hong Kong are expected to increase 10% this year and another 5% in 2016, due to sustained demand and low vacancy rates as recorded by Knight Frank in its Hong Kong Monthly Property Market Report for September 2015.

  LONDON (Aug 18): The imminent cut in landlords’ tax relief will have minimal impact on their earnings, says London’s largest independent letting agents Benham & Reeves Residential Lettings.