Signature International to buy 51% stake in renovation firm
KUALA LUMPUR (Dec 17): Kitchen cabinet manufacturer Signature International Bhd is buying a 51% stake in a renovation company for RM15.
Office space rental rates grew at insignificant rate
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.
Vacant malls and office spaces: Utilise them creatively, says NAPIC
KUALA LUMPUR (Oct 13): Purpose-built offices and shopping malls are seeing an all-time low occupancy rate for the first time in 20 years, hence, operators have to be more creative in utilising the vacant space in the new normal, said National Property Information Centre (NAPIC) deputy director of inventory Ari Adam.
Colony launches affordable co-working space brand Jerry
Luxury co-working space provider Colony has launched its new affordable office this month.
Tepid interest in IGB Commercial REIT evidence of harsh conditions in office market
KUALA LUMPUR (Sept 10): Few may disagree that IGB Bhd signifies quality real estate assets given its track record, be it shopping malls or office space.
Defects turning new house owners’ delight to dismay
Complaint One: “I received the keys to our home and to our dismay, the property had many defects, ranging from minor problems to major misalignments of the walls and beams.
Co-working in socially-distanced world
Enjoy the exchange of ideas and form new connections with people with different backgrounds and talents to propel your business propositions, innovations and inventions.
Booking fees: Legalising the prohibited?
The collection of booking fees by developers is a common practice in Malaysia during property transactions, but many might not be aware that it is actually prohibited under the Housing Development (Control and Licensing) Regulations 1989 (HDR).
Spaceflight ticket at RM530k per seat, the price of a terraced house in Malaysia
FLORIDA (July 21): Florida-based private space company Space Perspective is launching the world's first luxury spaceflight ticket at US$125,000 (RM530,250) per seat, and all the first 350 seats which are reserved for the maiden flight scheduled in 2024 were sold out since the ticket sales were launched last month.
APAC corporates less likely to feel long-term impacts of Covid-19 pandemic, says Knight Frank
PETALING JAYA (July 15): Businesses in Asia-Pacific (APAC) are less likely to feel the long-term impacts of Covid-19 on their real estate portfolios, with only 14% expecting the pandemic to permanently alter their real estate strategies, according to Knight Frank’s global (Y)OUR SPACE 2021 survey, which features almost 400 international businesses with a combined headcount of over 10 million, providing an insight into the workplace strategies and real estate needs of global companies.
