Borrowing just to survive
Malaysia’s growth depends on private consumption, but households are already highly leveraged
PROPERTY SNAPSHOT 1: The ever-popular South Central Petaling Jaya
Based on theedgeproperty.com’s analysis of transactions, the average price eased in 1Q2013 and then spiked in 2Q2013 due to a large volume of transactions at Five Stones in SS2 and 1120 Park Avenue in PJS 1.
Khidmat Runding Jatipadu not authorised by 1MDB
1MDB Real Estate Sdn Bhd (1MDB RE) warned that Khidmat Runding Jatipadu had issued letters bearing the Malaysian government logo under a Perbadanan Bandar Malaysia letterhead.
Klang looking up
Klang’s property market has long been dominated by landed homes. But there are signs that its non-landed homes are coming out of the shadows and seeing more ‘action’.
Axis REIT acquiring industrial assets in Johor
The industrial building currently is being leased to Beyonics Technology (Senai) Sdn Bhd for manufacturing plastic precision components, mould and electronic manufacturing services.
Two bidders shortlisted for Bandar Malaysia stake sale
One said to be a China-led consortium, another a Singapore-led one.
Selangor Dredging associate to sell London asset for RM85.8 mil
According to SDB's filing, the property, which is currently let to HSBC Bank Plc on a 15-year full repairing and insuring lease, will be sold for a total consideration of £13 million.
Adapting to Iskandar’s market demand
The property market in Iskandar Malaysia has slowed down in the last couple of years after a period of blistering growth. How are developers responding to this slowdown?
PROPERTY SNAPSHOT 4: What’s hot in Klang?
The neighbourhood is set to receive up to nine new LRT stations.
Axis-REIT to buy four plots of land for RM61 mil
The 3.95ha land parcel, located in Kawasan Perindustrian i-Park, has four single-storey detached factories annexed to a two-storey office building.
