ZADC
PEPS: We’re not blaming developers
OVERHANG ISSUE IS A COMPLEX PROBLEM THAT REQUIRES ATTENTION FROM NUMEROUS STAKEHOLDERS IN THE PROPERTY INDUSTRY BY Chris Prasad The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) has clarified that an earlier press statement by the body was not intended... Read more
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
KL still top choice for commercial developments
… BUT THAT COULD CHANGE IN THE NEAR FUTURE BY Chris Prasad The nation’s capital remains the favoured focal point for commercial investment and development in the country, says global property consultancy Knight Frank Malaysia. It said KL has seen the lion’s share of investments and development in the commercial... 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
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
Bandar Malaysia goes ahead despite trouble
BY Roznah Abdul Jabbar With all the uncertainties surrounding 1Malaysia Development Bhd (1MDB), many are concerned about the future of Bandar Malaysia, a key project under 1MDB, which is envisioned to be the catalyst for the transformation of Greater Kuala Lumpur. The 486-acre Bandar Malaysia, to be built on... Read more
KL office oversupply expected in 2019
Malaysia could see an oversupply situation in Kuala Lumpur when projects such as Tun Razak Exchange, Menara 118 and Bandar Malaysia are completed, according to JLL Property Services (M) Sdn Bhd’s managing director Y.Y Lau. She said that the likelihood of demand catching up with incoming supply will depend... Read more