ZADC
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
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
Cyberjaya in for exciting times as smart-city model
INTELLIGENT CITY REASSERTS ITS POSITION AS AN IDEAL SPOT FOR TECH COMPANIES AND STARTUPS TO GROW THEIR VALUE   BY Zoe Phoon A journey of a thousand miles begins with a single step, a saying goes. Malaysia, under former premier Tun Dr Mahathir Mohamad, took her single step back... Read more
The inescapable impact of Oil and Gas on property
INTERNATIONAL BUYERS, TALENT MOVEMENT, EXPATRIATE COMMUNITIES, PROPERTY PRICES… IT’S ALL ABOUT THE STATE OF O&G By Livian Lin The Oil and Gas (O&G) industry has always had an impact on housing, especially in oil dependent cities like Dubai and Calgary; or at towns where the entire socio-economy revolves around... Read more
PRG, SPNB in Ipoh affordable housing tie-up
Investment holdings group PRG Holdings Sdn Bhd (PRGH) is poised to embark on its first affordable housing development in Ipoh, Perak, with the help Syarikat Perumahan Negara Bhd (SPNB) following the acquisition of land parcels within the state. Recently, the group’s wholly-owned subsidiary Premier Construction Sdn Bhd (PCSB) entered... Read more
The Broadway taps into revitalised interest in the heart of London
FORMER SCOTLAND YARD HQ TRANSFORMED INTO A VIBRANT RESIDENTIAL AND COMMERCIAL HUB THAT APPEALS TO AN INTERNATIONAL SET OF UPMARKET BUYERS BY Chris Prasad By now, it has become evidently clear that it will take more than Britain’s unceremonious divorce from the European Union to diminish global appetite for... Read more
Improved earnings ahead for M-REITs
The overall market may be taking a dip, but CIMB Equities Research foresees that Malaysian Real Estate Investment Trusts (M-REITs) earnings will improve in this half of the year. It said improvement in the second half of the year will be supported by mid-single-digit rental reversions from retail assets... Read more
Construction on The Estate hits top gear
BON ESTATES INKS RM291m “MAIN-CON” DEAL WITH KERJAYA PROSPEK Work on Bon Estate Sdn Bhd’s RM650 million luxury residential project, The Estate in South Bangsar, is expected to gain pace now that the company has secured a strategic partnership with reputable construction firm Kerjaya Prospek (M) Sdn Bhd. A... Read more
New breed of industrial & logistic spaces meet new market needs
DON’T BE SURPRISED IF ALIBABA OR AMAZON BECOME MAIN TENANT OF ‘AREA LOGISTICS @ AMPANG’ BY Zoe Phoon “The property is designed as an e-commerce fulfillment centre and logistics hub. It is there to compliment the rapidly growing e-commerce space requirements in the coming years,” Datuk Stewart LaBrooy, executive chairman,... Read more