Bloomberg: What Brexit?
COMPANY CAN’T WAIT TO MOVE INTO NEW GREEN HQ IN LONDON BY Zoe Phoon Fancy working here? Bloomberg’s scintillating European headquarters in the heart of the UK capital is poised to open this autumn. The company of former New York City mayor Michael R. Bloomberg is moving into London... Read more
UOA gains more ground in Bangsar South
One of the key engines behind the rising prominence of Bangsar South has been UOA Development Bhd’s anchor development, Bangsar South City. However, the company recently indicated that it has more in store for the burgeoning new suburb with the purchase of a 9,686.682 sq ft parcel in the... 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
Upbeat market a boost for Tokyo office demand
Grade A offices in Japan’s capital city could see rents peak in 2017 on the back of improved sentiments in the financial market, says global real estate consultant CBRE. According to the firm, rents for offices in prime districts are expected to peak by the third quarter of the... Read more
Liberty Arc in ‘Little Hong Kong’ enjoys good take-up
BY Pavither Sidhu Young professionals and first-time buyers who desire a lavish property and exciting lifestyle options may want to take a look at Liberty Arc, the first phase of the 87-acre metropolitan Ampang Ukay development. The latter is envisioned to be the “Little Hong Kong of KL” offering... Read more
WSPACE launches co-working facility in KL
BY Roznah Abdul Jabbar With growing interest in flexible working space especially in Klang Valley, WSPACE (M) Sdn Bhd has launched its co-working space in Mid Valley City, here. The RM3.6 million investment will provide flexible co-working office space for small and medium enterprises and start-up companies. According to... Read more
Naza unfazed by current oversupply of office space
BY Roznah Abdul Jabbar The concern about oversupply of office space in the city and whether that will affect the sale of new office projects will always be there but there are ways to address it, according to Naza TTDI Sdn Bhd’s deputy executive chairman and group managing director... Read more
Mixed performance for prime development land in Asia
  BY Chris Prasad Knight Frank’s recently released Prime Asia Development Land Index report for H1 2016 has revealed that land development volumes in Asia have matched the level registered in the same period the previous year. However, performances have varied across the board, with some key markets shrinking... Read more
Property management in its infancy
BY Roznah Abdul Jabbar Property management in Malaysia is going on the right path but is currently only taking its ‘baby steps’,” said Datuk Pretam Singh. He said although the number of strata developments in the country is growing fast, the enforcement for their regulation is only at its... 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