ZADC
The recently released Property Market Report 2014 by the National Property Information Centre (Napic) paints a sombre picture for the once-vibrant Sarawak property landscape. Napic figures revealed that the market in the East Malaysian state was relatively stagnant in 2014. While there were 27,538 transactions recorded last year (valued... Read more
RESIDENTIAL PROPERTY CONTRIBUTES TO POSITIVE REBOUND
By Kent Tan The latest report published in Malaysia Property Market 2014 has shed some positive light on the market, which has been restrained by anti-speculation measures. There is a slight increase in the property sector, marking a marginal growth of 0.8 per cent in market volume and 13.5... Read more
Prime office rents in the capital city grew by 3.6% in the first quarter of the year, making it second only to Bangkok, Thailand in a list of Southeast Asian countries that have seen positive growth in this period. According to Knight Frank Asia Pacific’s recently released Asia-Pacific Prime... Read more
Stepped-up MRT services will spur values
By Roznah Abdul jabbar Train stations are often touted as value-adding features to developments built near them. Taking this up a notch, Mass Rapid Transit (MRT) Corp’s plans in the pipeline will guarantee the appreciation of properties along its trajectory and around its stations. Generally, the provision of public... Read more
By Kent Tan The Malaysian Property Market 2014 report by the Valuation and Property Services Department under the Ministry of Finance has been concluded with Consumer Sentiments Index (CSI) at 83 points, which is the lowest in the year, leading to a moderate performance by the commercial sub-sector. Last... Read more
A weakening local and regional market could spur more Chinese investors to look at foreign markets for opportunities this year. International property firm Jones Lang LaSalle predicts that Chinese investors are likely to buy $20 billion worth of properties overseas in 2015, up 21% year-on-year. Chinese overseas investment in real estate was nearly $16.5 billion... Read more
By Livian Lin Up until 2013, luxury property prices in Bali enjoyed 22% growth against the Asia Pacific average of 13.5%. Recently, however, the holiday hotspot in Indonesia has strained relations with its most frequent guest, Australia. Has this, along with the ongoing economic slowdown in Europe, affected its... Read more
By Roznah Abdul Jabbar Offices in three main cities in Asia – Hong Kong, Singapore and Tokyo top the chart as the most expensive, according to Knight Frank Asia Pacific’s Global Capital Markets Q1 2015 report. Of the three, Hong Kong is the most expensive, priced more than twice the rate of prime commercial properties... Read more
By Ernest Cheong One month after the implementation of the Goods and Services Tax (GST) on April 1, we are beginning to see its possible effects on consumer spending and property prices and how these may adversely impact the Malaysian economy at this critical stage when the economy is entering a recession. There is a perception... Read more