IKEA’s Toppen Shopping Centre comes to JB
MORE THAN THAT, IT’S GOING TO BE A NOVEL ROOFTOP COMMUNITY HUB, FUSING SCANDINAVIAN COMFORT WITH MALAYSIAN HOSPITALITY BY Zoe Phoon IKEA Southeast Asia – which owns and operates IKEA stores selling well-designed home furnishing products in Singapore, Malaysia and Thailand – has announced the development of Toppen Shopping... Read more
Tenants of the future – what it’ll look like
PHYSICAL STORES MUST RESPOND TO DEMANDS OF CONSUMERS AROUND CONVENIENCE, ENTERTAINMENT AND NOVELTY, EXPERTS SAY BY Zoe Phoon Which brands, retailers and store formats will be winning in the retail world of the future? According to a report which draws on global analysis done by FGRT, retail 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
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
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
Robotic lifts will park cars in a not-too-distant tomorrow
TRANSITIONING BUILDING DESIGNS TO FIT A FUTURE OF COMPACT DRIVERLESS CARS BY Zoe Phoon The world is changing… whether we like it to or not. Architects in the United States are already working with clients to restrategise the design of parking garages so that these can be converted to... 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
Sunway scores prime land in Jalan Belfield, KL
Opportunities for development in inner-city Kuala Lumpur are becoming scarcer, so much so that when a land transaction takes place these days it marks a tremendous win for the purchaser. From that perspective, Sunway Bhd’s recent purchase of 4.53 acres along Jalan Belfield in the Kampung Attap vicinity represents... Read more
Introducing… the industrial space of the future
WE SPEAK TO AREA MANAGEMENT EXECUTIVE CHAIRMAN LABROOY ABOUT THE NEW BREED OF MANAGED INDUSTRIAL PARKS AND MORE… BY Zoe Phoon Developers and industry stakeholders are realising the need to do more than just offer a choice property to compete. Find out what’s in store for the new breed... Read more