Still subdued… still “waiting and seeing”
KNIGHT FRANK REAL ESTATE REPORT REVEALS WE’RE NOT OUT OF THE WOODS YET, BUT THERE ARE SOME POSITIVES TO HOLD ON TO BY Chris Prasad The prolonged lull in the property market is now reaching a point of immense frustration for industry players. Investors are still suffering the jitters,... Read more
Subdued property market means it’s a tenant’s market
Last year was a challenging year for the property market, especially with both high-end condominiums and offices witnessing remarkably subdued activity. In its summary of market highlight for the second half of 2016 and the outlook for the current year, global property firm Knight Frank Malaysia (KFM) said homebuyers... Read more
Titijaya, CREC tie up for RM575m KK waterfront project
Titijaya Land Bhd has partnered up with China Railway Engineering Ltd (CREC) to jointly develop a mixed-use project in the Sabah capital of Kota Kinabalu. The project, earmarked to take shape on 1.82 acres within the KK city centre, has an estimated gross development value (GDV) of RM575 million.... Read more
SoHo price drop ahead?

SoHo price drop ahead?

News January 19, 2017

Market analysts warn that the current oversupply of upmarket strata properties could result in a dip in value this year. In particular, the large incoming supply of Small-office Home-office (SoHo) and Small-office Virtual-office (SoVo) units could see the prices of such units fall by at least 10 per cent.... Read more
Construction provides silver lining
Government infrastructure projects in the pipeline are painting a brighter picture for the construction sector in 2017, making it a potential bright spark for the building industry in the coming year. Among the projects that will be in the spotlight are Mass Rapid Transit 2 (MRT2), Tun Razak Exchange... Read more
Sutera Avenue’s completion on schedule
  Mah Sing Group Bhd recently achieved a new milestone for its ongoing Sutera Avenue @ Kota Kinabalu project in Sabah, with a topping up ceremony for the structural completion of the project held late last week. The occasion also marked the project as being on schedule for full... Read more
Sagajuta wind-up triggers calls for law change in Sabah
  BY Roznah Abdul Jabbar A High Court decision to grant a winding-up order on Sagajuta (Sabah) Sdn Bhd has stirred a hornet’s nest in the east Malaysian state, leading to a chorus of calls to review Sabah’s building by-laws. Api Api Assemblywoman Christina Liew pointed out that the... Read more