Office hunters take note – it’s your market now!
Market Watch January 31, 2018
OVERSUPPLY, LOW TAKE-UP AND INCREASED COMPETITION PUTS TENANTS IN THE DRIVER’S SEAT With more supply entering an already diluted playing field, the office market is expected to face increased competition this year as new buildings (and old) scramble to avoid low occupancy rates. That means landlords will have to... Read more
Fancy dining on seabed 5m below water surface?
Green & Tech January 29, 2018
SNOHETTA DESIGNS EUROPE’S FIRST UNDERWATER RESTAURANT-CUM-RESEARCH CENTRE FOR MARINE LIFE IN NORWAY BY Zoe Phoon As visitors begin their journey through the restaurant, they descend via three levels. From the entrance, where the tidepool is swallowed by the sea, they enter the wardrobe area where they are ushered down... Read more
Could interest rate hikes lead to price adjustments?
Market Watch January 26, 2018
PRICES HAVE TO COME DOWN IN ORDER TO AVOID SOURING INTEREST IN THE PROPERTY MARKET While Bank Negara Malaysia’s move to raise interest rates is largely seen as unavoidable and necessary by most economists, there is also serious concern about how this may impact the property sector. Currently,... Read more
Interest rates go up!
News January 25, 2018
BANK NEGARA RAISES OPR ON THE BACK OF ‘STRONG GROWTH MOMENTUM’ At the Monetary Policy Committee (MPC) meeting held today, Bank Negara Malaysia (BNM) decided to increase the Overnight Policy Rate (OPR) by 25 basis points to 3.25%. As such, the floor and ceiling rates of the corridor for... Read more
Ireka explores autonomous rail transit with China firms
News January 25, 2018
Public-listed developer Ireka Corp Bhd looks set to diversify its business interest with a recent tie-up with two China-based logistics and transportation companies. In a memorandum of understanding (MoU) signed this week, Ireka has formed an agreement with Beijing-based CRRC Urban Traffic Co Ltd (CRCC) and Shentong Express Co... Read more
Investors make beeline for India, Vietnam, Philippines
Market Watch January 23, 2018
RISING AND SPRAWLING MEGA CITIES IN EMERGING ECONOMIES ARE SETTING THE PACE FOR TOMORROW BY Zoe Phoon Bangalore, Mumbai, Ho Chi Minh City (HCMC) and Manila took the top four spots in markets to watch, according to the Emerging Trends in Real Estate Asia Pacific 2017 report. Each... Read more
Setia’s commercial aspirations give Semenyih a big boost
featured project January 22, 2018
NEW RETAIL AND LEISURE ADDITIONS TO THE LANDSCAPE PRESENT AN ENTICING PROPOSITION FOR FORWARD-THINKING INVESTORS When conceived by its developer, SP Setia Bhd, EcoHill Taipan was planned as part of a game-changing commercial masterplan that would give the once sleepy district of Semenyih a much-needed vibrant boost. Now, having... Read more
Jakarta’s green island to give 1.9m residents new living, leisure spaces
Green & Tech January 15, 2018
VISIONARY BLUEPRINT WINS SMART CITIES PRIZE AT WORLD ARCHITECTURE FESTIVAL 2017 BY Zoe Phoon The master plan looks amazing. SHAU Architects’ design team used mainly the Manhattan grid to form the urban framework on the oval-shaped island while other city grids also inspired the design. This organisation of... Read more
Chinese buyers up the ante in UK following Brexit
Market Watch January 14, 2018
Suddenly, all that wailing and gnashing of teeth seems like it was all for naught. While Brexit remains an incendiary word for many on the British Isles, 19 months after the historic vote the property market (at least) can claim that it isn’t really feeling the pinch. In fact,... Read more
No eco-fantasies, these…
Green & Tech January 10, 2018
STUDENTS DESIGN AND BUILD SOLAR-POWERED HOMES WITH REALISTIC MARKET POTENTIAL BY Zoe Phoon The creativity of exuberant young minds is remarkable to say the least. Four Swiss universities came together to build the overall winner of the US Department of Energy’s Solar Decathlon 2017 that concluded recently. This... Read more
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