News by Tan Ai Leng

Technology is posing quite a challenge to the conventional way of doing business, including real estate buying, selling and renting.

1,001 sq ft unit on a high floor rented out for RM6,206 per month or RM6.20 psf.

Quick and easy pick-me-ups for the walls.

As many as 20% of the 1,270 Gen Y respondents (aged 20 to 38 years) admitted that being a homeowner costs more than they initially thought. What annoyed them were the hidden expenses beyond the monthly instalments, such as repairs/renovations and maintenance charges.

While changing the perception of auction properties as forced sales by banks is a daunting task, agents with the right skills can also sell non-distressed assets through auction and even encourage buyers to raise their bids in the process, said experienced auctioneer Lim Boon Ping of Kim Realty.

Despite concerns about oversupply of retail space in urban areas -- with many shopping mall projects nearing completion -- retail consultant Tan Joon Kai sees great prospect for suburban shopping malls in maturing neighbourhoods in the Klang Valley.

According to CBRE, Asian outbound real estate investment reached another record high in 2015, reaching US$62.4 billion (about RM254 billion) -- a 37% increase from 2014.

FJP Marketing Sdn Bhd managing director Dr Frank J Peter noted that 92% of property buyers will research their preferred location or property types through Internet search engines for more information before they go to real estate agents.

According to the report by EastMoney.com, the eight pieces of land are in Xianlin East and have a total area of approximately 550 acres.

About 85% of Karisma apartments – a project by Eco World Development Group Bhd (EcoWorld) – were taken up since its launch on Feb 21 this year, according to the company.