New infrastructure may prompt a wave of relocation
As connectivity and infrastructure improve and the rental gap between Kuala Lumpur’s central business district (CBD) and city fringe narrows, more companies may move into or relocate to the CBD.
As connectivity and infrastructure improve and the rental gap between Kuala Lumpur’s central business district (CBD) and city fringe narrows, more companies may move into or relocate to the CBD.
Due to the overall weak ringgit and uncertain economic landscape, the property market in Malaysia will continue to be very challenging, says Foo Gee Jen, managing director of property consultancy CBRE|WTW.
A policy change that came into effect on the first day of this year required employers to pay the foreign worker levy. This would have triggered a sharp hike in the cost of doing business.
O&C Resources Bhd may be a new player in the property development industry but it is ready to make a name for itself. Its management is from a low-key company, OCR Land Holdings Sdn Bhd, which was established more than 25 years ago.
There is a common misconception that being a real estate agent (REA) requires little academic qualifications. The truth is, to be a registered REA, a lot of time and effort must be invested to be qualified and recognised by the Board of Valuers, Appraisers and Estate Agents Malaysia (BOVAEA).
You have secured your first home and are living comfortably there but you’re probably thinking about buying a second property for investment. After all, putting your money in real estate is considered one of the safest and best forms of investment.
Crowdfunding is not something new for present-day retail and technology start-ups that need funds to kick-start their businesses. However, the idea of crowdfunding in the real estate industry, to fund the development of property projects in particular, seems rather far-fetched and difficult to realise.
Sime Darby Bhd has finally rolled out its long-awaited demerger exercise plans last Thursday, which will divide the group into three entities — Sime Darby Plantation Bhd, Sime Darby Property Bhd and Sime Darby Bhd.
IHH Healthcare Bhd via its wholly-owned subsidiary Pantai Medical Centre Sdn Bhd (PMCSB) entered into a sales and purchase agreement (SPA) with YNH Hospitality Sdn Bhd (YNHSB) and Kar Sin Sdn Bhd (KSB), a wholly-owned subsidiary of YNH Property Bhd, last Thursday.
When Malaysia-listed developer Selangor Dredging Bhd (SDB) announced early last month that it was buying a freehold site in Serangoon Road from National Aerated Water Company for S$47 million, it brought attention to a neighbourhood off Serangoon Road that has been overlooked for some years.