Market could stabilise in 2018, says MIEA
HEALTHY ECONOMIC GROWTH MIGHT FINALLY PULL PROPERTY SECTOR OUT OF THE RUT THIS YEAR Malaysians can expect the property market to finally stabilise in 2018, says the Malaysian Institute of Real Estate Agents (MIEA). This outlook, it said, was based on the general consensus of active agents engaged in... Read more
Food Halls = Ca$h Cows
TREND INDICATOR: UK’s BIGGEST FOOD HALL TO OPEN ON OXFORD STREET, EUROPE’s BUSIEST SHOPPING STREET BY Zoe Phoon Restaurants are one of the fastest growing segments of the retail industry with restaurant sales surpassing retail sales in recent years, according to property consultants. But they also noted that with... Read more
Investors make beeline for India, Vietnam, Philippines  
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
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
Country View buys 164 acres from UEM Sunrise
PRIME LAND IN JOHOR SOLD AT RM310mil, TRANSLATING TO RM43.42psf Bandar Nusajaya Development Sdn Bhd, a wholly-owned subsidiary of UEM Sunrise Bhd, has signed a deal to sell 163.9 acres of land at Iskandar Puteri in Johor for RM310 million to Country View Resources Sdn Bhd (CVR). The deal... Read more
GuocoLand on the hunt for land
AFTER A LYING LOW FOR A SPELL, COMPANY NOW LOOKING TO REASSERT ITSELF IN THE MARKET GuocoLand (M) Bhd has made it clear that it is looking to beef up its landbank and boost its profile considerably over the next five years. The property arm of Hong Leong Group,... Read more
EcoWorld launches 4 projects over weekend
Eco World Development Group Bhd (EcoWorld) unveiled four projects late last week, located in the nation’s economic focal points of Klang Valley and Penang. These include a first look at projects such as Eco Forest in Semenyih, Eco Business Park V in Puncak Alam and Eco Horizon in Penang’s... Read more
CapitaLand purchases Asia Square Tower 2
Leading Singapore real estate company, CapitaLand, has agreed to buy Asia Square Tower 2 (AST2) marking the largest office transaction in the entire Asia Pacific region this year. AST2 is part of a world-class commercial development in Singapore’s Marina Bay business and financial district, and CapitaLand’s is reportedly paying... Read more
Pessimism lingers among Malaysian developers
CAN THE UPCOMING BUDGET 2018 PROVIDE IMPETUS TO LIFT SPIRITS? Remember how market players were more optimistic about 2017 back in 2016? Well, things evidently haven’t panned out as planned and this has soured the overall mood considerably. If ever there was a sign that developers remain jittery about the... Read more
Germany to unveil world’s largest EV charging station
BY Zoe Phoon Electrical vehicle charging stations have been mushrooming the world-over in the past decade, but what’s different about this one is it will also feature offices, shopping elements and eateries. Such a development goes beyond the orthodox concept of a gas station, but more importantly, it gives... Read more