ZADC
Strong sales at Park Regent priority launch
MORE THAN 70% OF 505 RESIDENTIAL UNITS SOLD AT AVERAGE SELLING PRICE OF RM1,100psf BY Douglas Lee Park Regent, ParkCity’s joint venture development with CapitaLand, achieved strong sales at its priority launch in Kuala Lumpur late last month. As at July 28, more than 70% of the 505 residential... Read more
Of UK rate hikes and waning buyer, seller interest
 BY Zoe Phoon The Bank of England has hiked its benchmark interest rate for the first time in more than a decade, from record lows of 0.25% to 0.5% on Nov 2. The move is widely expected to affect millions of households as rates on savings, mortgages and other... Read more
Luxury sky homes ideal for art collectors
    BY Zoe Phoon Living with works of art and visiting them in an art museum are poles apart. The former refers to art collectors who choose to live with their treasures. Therefore, an architect or interior designer has to not only celebrate and guard the artwork but... Read more
The downsizing of Canada

The downsizing of Canada

News November 21, 2016

Don’t worry about the backyard because there won’t be one. Reason: Condominium living and rentals are being touted as alternatives to entering Canada’s two most expensive markets, which are the Vancouver region and Greater Toronto. Rising unaffordability and lifestyle preferences are driving many millennials to forego homeownership in favour... Read more
Asia Pacific realty softens, China bucks trend
Commercial real estate investment in Asia Pacific has seen a general slowdown across the region but appetite for mainland Chinese real estate remains robust, South China Morning Post reported, quoting analysts. Completed sales of properties in the region, excluding development sites, totalled US$30.4 billion (RM129.27 billion) in the third... Read more
Opulence in the clouds
BY Roznah Abdul Jabbar For urbanites, there is a certain sophistication in staying in a high-rise with a panoramic view, enhanced security and modern facilities. For the well-heeled, the only setback is these dwellings usually come in compact sizes. Stepping up to the demand for condominimum facilities with semi-detached... Read more
Lexa Residence debuts in Wangsa Maju
Developer Beverly Group Sdn Bhd, a local subsidiary of Singapore firm Qingdao Investments Pte Ltd, unveiled the latest upmarket serviced residential offering in Wangsa Maju last weekend – the RM260 million Lexa Residence. According to Beverly Group, the 2.69-acre project will be the first phase of the greater 16.5-acre... Read more
Fee hike on the cards for strata homes
  BY Gunaprasath Bupalan In March this year, the Ministry of Urban Wellbeing, Housing and Local Government’s urban service division undersecretary Mohammad Ridzwan Abidin  said residents should be aware that under the Strata Management Act 2013 (Act 757), in force since June 2015, managing bodies can resort to a... Read more
Too many schemes confuse house buyers, says HBA
BY Roznah Abdul Jabbar House buyers do not need a new scheme to aid them in owning a home as there are many existing schemes which are underutilised, said secretary general of National House Buyers Association (HBA) Chang Kim Loong. Responding to a recent news report on the expectation... Read more
Thais on the hunt for London bargains 
Thai investors have long considered London a choice destination for an overseas property purchase, but the decline of the British pound in the aftermath of Brexit has bolstered buying interest among those looking to take advantage of this rare opportunity. The pound has depreciated by about 12 per cent against the Thai baht since June. Buying interest... Read more