UDA sets eyes on 4mil acres of Malay reserve land
After years of focusing on the development of idle land in the country, UDA Holdings Bhd now has a vision to develop Malay reserve land across the nation – more than 4 million square feet of it, in fact. According to a recent Benama report, UDA chairman Datuk Seri... Read more
The era of prefab supermarket homes has arrived! 
  REINVENTION OR REGENERATION, THE INTENTION IS TO SOLVE HOUSING SHORTAGE IN BERLIN, LONDON BY Zoe Phoon German budget retailer and grocer Aldi is the latest in Europe to build new supermarket rental flats above its stores in Berlin to address the dearth of housing. The mixed-use real estate... Read more
Market could stabilise in 2018, says MIEA
HEALTHY ECONOMIC GROWTH MIGHT FINALLY PULL PROPERTY SECTOR OUT OF THE RUT THIS YEAR Malaysians can expect the property market to finally stabilise in 2018, says the Malaysian Institute of Real Estate Agents (MIEA). This outlook, it said, was based on the general consensus of active agents engaged in... Read more
Food Halls = Ca$h Cows
TREND INDICATOR: UK’s BIGGEST FOOD HALL TO OPEN ON OXFORD STREET, EUROPE’s BUSIEST SHOPPING STREET BY Zoe Phoon Restaurants are one of the fastest growing segments of the retail industry with restaurant sales surpassing retail sales in recent years, according to property consultants. But they also noted that with... Read more
Office hunters take note – it’s your market now!
OVERSUPPLY, LOW TAKE-UP AND INCREASED COMPETITION PUTS TENANTS IN THE DRIVER’S SEAT With more supply entering an already diluted playing field, the office market is expected to face increased competition this year as new buildings (and old) scramble to avoid low occupancy rates. That means landlords will have to... Read more
Could interest rate hikes lead to price adjustments?
PRICES HAVE TO COME DOWN IN ORDER TO AVOID SOURING INTEREST IN THE PROPERTY MARKET   While Bank Negara Malaysia’s move to raise interest rates is largely seen as unavoidable and necessary by most economists, there is also serious concern about how this may impact the property sector. Currently,... Read more
Ireka explores autonomous rail transit with China firms
Public-listed developer Ireka Corp Bhd looks set to diversify its business interest with a recent tie-up with two China-based logistics and transportation companies. In a memorandum of understanding (MoU) signed this week, Ireka has formed an agreement with Beijing-based CRRC Urban Traffic Co Ltd (CRCC) and Shentong Express Co... Read more
Investors make beeline for India, Vietnam, Philippines  
RISING AND SPRAWLING MEGA CITIES IN EMERGING ECONOMIES ARE SETTING THE PACE FOR TOMORROW   BY Zoe Phoon Bangalore, Mumbai, Ho Chi Minh City (HCMC) and Manila took the top four spots in markets to watch, according to the Emerging Trends in Real Estate Asia Pacific 2017 report. Each... Read more
Setia’s commercial aspirations give Semenyih a big boost
NEW RETAIL AND LEISURE ADDITIONS TO THE LANDSCAPE PRESENT AN ENTICING PROPOSITION FOR FORWARD-THINKING INVESTORS When conceived by its developer, SP Setia Bhd, EcoHill Taipan was planned as part of a game-changing commercial masterplan that would give the once sleepy district of Semenyih a much-needed vibrant boost. Now, having... Read more
Jakarta’s green island to give 1.9m residents new living, leisure spaces
VISIONARY BLUEPRINT WINS SMART CITIES PRIZE AT WORLD ARCHITECTURE FESTIVAL 2017   BY Zoe Phoon The master plan looks amazing. SHAU Architects’ design team used mainly the Manhattan grid to form the urban framework on the oval-shaped island while other city grids also inspired the design. This organisation of... Read more