ZADC
Nam Lean appointed main-con for Golden Gateway in Penang
WORK BEGINS ON THE AWARD-WINNING GOLDEN GATEWAY PROJECT IN THE VIBRANT INDUSTRIAL DISTRICT OF BATU KAWAN The promise of a forward-thinking medium industrial development that puts strong focus on solution-based design is already underway, as construction on the RM155 million Golden Gateway project officially got off the mark with... Read more
Singapore authorities warn of property ‘euphoria’
GOVERNMENT MONITORING SITUATION, POISED TO STEP IN IF MARKET OVERHEATS For the second time in eight months, Singapore’s currently hot property market has been put on notice. The island republic’s central bank warns that a bubble is building up and is already cautioning developers, financial institutions and home buyers... Read more
Germany begins to sparkle as an investment destination
For decades, the outlook towards the German property scene has been similar to the stereotype attached to the Country’s football team: efficient, dependable, structured… boring. Recent years have seen a renaissance of flair and showmanship in German football, endowing it with considerably more life and excitement, and a World... 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
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
Pessimism lingers among Malaysian developers
CAN THE UPCOMING BUDGET 2018 PROVIDE IMPETUS TO LIFT SPIRITS? Remember how market players were more optimistic about 2017 back in 2016? Well, things evidently haven’t panned out as planned and this has soured the overall mood considerably. If ever there was a sign that developers remain jittery about the... Read more
Hong Kong stamp duty tax fails to curb price growth
A report on residential sales performance in Hong Kong by Jones Lang LaSalle (JLL) revealed that the mass residential capital value index climbed 0.5 per cent over the last two months. This indicates that the stamp duty hike of 15 per cent on all residential transactions has failed to... Read more
Pivoting towards a rental market?
BY Chris Prasad Rapid development has made Malaysia a nation that is somewhat obsessed with homeownership. The heyday of double-digit economic growth contributed to a robust appetite for property buying, which could almost be compared to the “land rush” years in the American Wild West. However, it has also... Read more
KL’s competitiveness is its saving grace
BY Chris Prasad On the surface of it, things may look bleak. Yes, there has been a marked dip in transactions, a slowdown in value growth and flattening rental rates – but there is also a positive flipside to this. Despite the economic upheaval, Kuala Lumpur remains one of... Read more