Surviving the crowded retail sector
PETALING JAYA (April 23): Retail space in the Klang Valley continues to grow despite declining sales, with new malls adding more than two million sq ft last year.
PETALING JAYA (April 23): Retail space in the Klang Valley continues to grow despite declining sales, with new malls adding more than two million sq ft last year.
INVESTORS of shoplots and shopoffices enjoyed rental yields of more than 10%, and saw their capital values grow faster than other property types, before prices started increasing in 2009, says Savills (M) Sdn Bhd managing director Allan Soo (pictured, below).
AN undersupply of affordable housing, particularly in major urban areas, coupled with an oversupply of office and retail spaces, may lead to deeper imbalances in the property market, says Bank Negara Malaysia in its 2015 annual report, which was released recently.
AN undersupply of affordable housing, particularly in major urban areas, coupled with an oversupply of office and retail spaces, may lead to deeper imbalances in the property market, says Bank Negara Malaysia in its 2015 annual report, which was released recently.
AN undersupply of affordable housing, particularly in major urban areas, coupled with an oversupply of office and retail spaces, may lead to deeper imbalances in the property market, says Bank Negara Malaysia in its 2015 annual report, which was released recently.
KUALA LUMPUR (March 8): Malaysia should try harder to woo Chinese tourists to shop here, as they are among the world’s biggest spenders and make up the largest consumer market of luxury goods, said Savills (Malaysia) Sdn Bhd managing director Allan Soo.
PETALING JAYA (Mar 1): The retail space in Klang Valley will hit the 60 million sq ft mark in 2017, said Savills Malaysia managing director Allan Soo.
KUALA LUMPUR (Feb 10): Property consultancy firm Rahim & Co highlights the possibility of more consolidation of the Klang Valley's retail space this year as more malls are launched, contributing to a growing glut in the sector.
KUALA LUMPUR: AmFirst Real Estate Investment Trust has secured a RM250 million syndicated-term loan facility from Public Bank Bhd andAmBank (M) Bhd to acquire six pieces of land in Seberang Perai Tengah, Penang.
Pavilion Real Estate Investment Trust (Dec 29, RM1.