Overall property sales to remain subdued next year
Volatile ringgit movement against major currencies after the US election on Nov 8 compounded the property slowdown by dampening the sentiment of homebuyers.
Volatile ringgit movement against major currencies after the US election on Nov 8 compounded the property slowdown by dampening the sentiment of homebuyers.
With his boyish looks and impish sense of humour, Datuk Douglas Cheng could sell ice to an Eskimo. Likeable to a fault and an entertaining host, the man is a delight to be with. Even without having completely explored the Tun Razak Entertainment Centre (TREC), of which he is co-founder and chairman, I am totally sold on the idea of the purpose-built, all-encompassing and secure location for KLites and tourists alike to sample the city’s nightlife. TREC opened last year and, with the traditional “clubbing” zones of Jalan P Ramlee and Changkat Bukit Bintang looking a little tired after so many years, the timing was perfect.
Other new details include that the HSR lines in Singapore and Malaysia are to be linked by a bridge over the Straits of Johor 25m above the water level.
Droves of Chinese tourists are visiting Johor Bahru daily to view Forest City and other projects from China-based developers, with many hotels reporting good occupancy rates.
After launching its RM1.2 billion maiden mixed-use development, Datum Jelatek, in the third quarter of last year (3Q2015), Datumcorp International Sdn Bhd is gearing up for RM3.45 billion worth of launches in the next few years.
EcoWorld achieved its sales target of RM4 billion, securing sales of RM4.01 billion for FY16.
An area of metaphysics that never fails to attract showers of questions is Feng Shui.
Despite the spike in housing prices in both Sydney and Melbourne in recent years, these two cities are expected to see further price growth in the next 12 months.
Real estate negotiator Adrian Tan was in the accounting line for eight years before he switched over to real estate.
Batu Kawan, Penang has been on the lips of property investors over the past few years ever since it was touted to be an emerging real estate hotspot in the northern region of Peninsular Malaysia.