A snapshot of the Malaysian housing situation
The residential sub-sector remained the main driver of the property market activity, contributing close to 65% of the total volume.
EdgeProp Malaysia Symposium: Q & A with the speakers
Questions from the audience were forwarded to the respective speakers at EdgeProp.my Symposium on Excellent Property Management 2021 following the event on April 10. The replies are mainly the speakers’ personal views and do not constitute any form legal or investment advice. Questions and answers have been edited for clarity.
Penang is third best island in the world as a retirement spot in 2021, says travel site
“This island also appeals to foodies, with its plethora of food stalls, prominently found in the main city, George Town…”
DONE DEAL: Two-storey semidee house at Bukit Damansara, Kuala Lumpur
Noteworthy:
● Freehold
● Built up: 4,000 sq ft; Land size: 5,178 sq ft
● Semi-furnished
● Six bedrooms; five bathrooms
● Amenities: Mosque, banks, eateries, MRT Sungai Buloh-Kajang line, HELP University, Cempaka International school, SK Bukit Damansara
When: Jan 2021
MetMalaysia: Thunderstorms almost every evening is not extreme weather
“Every year this thing (thunderstorm) actually happens and apart from lightning, it sometimes brings strong winds that can damage the structure of buildings or uproot trees and so on.”
DONE DEAL: Serviced apartment at Pavilion Suites Kuala Lumpur, Jalan Bukit Bintang, Kuala Lumpur
Noteworthy:
● Freehold
● Built-up: 747 sq ft
● One bedroom; one bathroom
● Fully-furnished mid-floor unit
● Facilities: Infinity pool, water jets, wading pool, gym, spa room, indoor Jacuzzi, and function room
● Amenities: Several shopping malls, public transportation and night life at its doorsteps
When: Nov 2020
Knight Frank appointed on the sale of Penang’s Holiday Inn Resort
Capital Markets executive director James Buckley: We are excited to have been appointed as this prime beachfront hotel has so much potential.
Khairy: Eighty percent of Malaysians will have their Covid-19 jabs by end of this year
About nine million people had registered for vaccination while supply stood at under three million doses, as of this month.
The Tee brothers and E&O
Their “recent move” to “mop up additional shares in Eastern & Oriental Bhd (E&O), hitting the 33% threshold for a mandatory general offer (MGO), has left many investors wondering what they see in E&O that others do not”.
An Apple Inc store at The Exchange TRX?
Apple Retail Store “representatives were in town as recently as last month to hold further negotiations with The Exchange TRX”.
