Indeed, many conventional office owners or developers in Malaysia are creating co-working spaces in their developments either by venturing into the business and creating their own brand or through joint ventures with established service providers.
This also means there might be a possibility of future property price increase as cement and ready-mixed concrete is one of the important building materials in property development, says Building Materials Distributors Association of Malaysia (BMDAM) President Bill Lee.
Rented for: RM1,500; Concluded by: Yijo Phoon (REN 27634, 012-290 9100) of WTW Real Estate Sdn Bhd; When: May 2019
Sold for: RM795,000 (RM571 psf)
Concluded by: Adeline Teh (REN 04207, 012-320 6520) of Tech Realtors Properties Sdn Bhd
When: April 2019
Sold for: RM325,000; Concluded by: Usha A/P R Lachumanan (REN 17124, 016-720 0135) of Gather Properties Sdn Bhd; When: January 2019
Rented for: RM4,000 (Average RM3.93 psf); Concluded by: Gwen Chan (REN 27371, 012-732 1113) and Ooi Shih Jin (REN 24497, 014-637 6359) of MIP Properties; When: January 2019
The framework was issued after taking into consideration, among others, feedback and input from members of the public including industry stakeholders during a public consultation by the SC in March.
Paradigm Mall PJ has also brought in new lifestyle brands such as French-themed DIY perfume outlet Parisine, Celmonze Signature, HLA fashion, Makeover Paris beauty outlet and Jadioc Barber Shop.
“Developers should offer more affordable housing as the demand for this segment remained strong and continues to rise and the potential of this housing segment is yet to be realised,” she told the audience during the launch of National Affordable Housing Policy which was unveiled in the City of Elmina today.
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