Opportunities in a soft market

THE outlook for Malaysia’s property market may not be bright at the moment but JLL Property Services (Malaysia) Sdn Bhd country head and managing director YY Lau (pictured) thinks pockets of opportunities can be found if you know where to look.

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Prasarana eyes potential REIT spin-off

KUALA LUMPUR (April 1): Prasarana Malaysia Bhd, which targets to turn profitable in the second half of next year, said it is looking at spinning off some of its assets into a real estate investment trust (REIT) and pare down its debt.

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Intuitive style

A number of houses in Kuala Lumpur’s Bukit Persekutuan boast a unique orientation — the top floor is at street level, and the bedrooms are downstairs.

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