News by Natalie Khoo

Singapore-listed property developer Oxley Holdings Ltd (Oxley) has announced it will open its 207-room So Sofitel Hotel and a 590-key So Sofitel Residences in the heart of Kuala Lumpur City Centre (KLCC) area in 2020.

The Lunar New Year will be here very soon and you have yet to get your home decked up for the festivities? Do not fret for we have picked a few easy jiffy DIY decor ideas to put you in the right mood for the celebrations.

Putra Nilai is close to amenities such as hypermarkets (Giant and Tesco) and education hubs (Nilai University, Universiti Sains Islam Malaysia, Manipal International University and INTI International University).

Despite their hectic works schedules, it is important to make time to invest in property, local singer and Astro artist Nicole Lai told TheEdgeProperty.com in an exclusive interview.

A 1.59 ha land parcel which is in the 1H2016 Government Land Sales (GLS) Confirmed List located at Martin Place offers an attractive proposition to developers, said DTZ Debenham Tie Leung (SEA) Pte Ltd in a press statement today.

The fall was largely due to the mismatch in price expectations of buyers and sellers, fewer launches of new land parcels from the Government Land Sales (GLS) programme and uncertainty in the global markets, which saw local investors diversifying their portfolios overseas.

About 64% of respondents in Rent.com.au’s December property manager survey agreed that good communication with tenants and owners will be their key focus this year as they work more effectively to meet their clients’ short and long-term objectives.

Developers will have to increase the prices of some homes to more than RM300,000 so that investors can purchase them.

Chester Properties marketing director Jei Chew said it is still better to buy than to rent properties despite the slow market.

Investors from Singapore and Hong Kong, who largely drive sales in Kuala Lumpur’s city centre, are waiting for the ringgit to depreciate further before making their purchases, said City Crest Realtors principal Darren Khor.