THE Kuala Lumpur and beyond Kuala Lumpur (Selangor) office market remained stationary in 4Q2015, with looming supply casting a shadow on rental and occupancy rates. 

Overall, capital values in Bangsar have remained stable. The top performers were the older mid-end properties. The highest relative price growth can be found at Jamnah View, with the average price up 23% to reach RM898 psf in the 12 months to 1Q2015. The 1-bedroom units here have begun to surpass the RM1,000 psf threshold.

Ching Chiat Kwong, a former policeman-turned-serial entrepreneur and property developer, is used to taking risks. His most audacious bet by far is a 40-acre (16 hectares) regeneration scheme in the Royal Docks in east London that he purchased for £200 million in November 2013. 

AXIS REIT Managers Bhd’s newly appointed CEO, Leong Kit May, enters the meeting room at the company headquarters in Menara Axis, Petaling Jaya, with a bright smile. The media-savvy CEO is quick to settle herself in for the photo shoot and interview with City & Country, answering questions confidently and clearly.

The condominiums offered in Bangsar consist primarily of large, exclusive, family-style units.

This move has caught us by surprise. We believe the decision was made to prevent excessive supply of serviced apartment, Soho and Sovo amid the gloomy outlook plaguing the sector. According to statistics compiled by the National Property Information Centre, Selangor had 4,302 units of serviced apartment yet to be sold in the fourth quarter of 2015 (4Q15), with an incoming supply of 33,647 units. As for Soho, Selangor had 2,731 units unsold with an incoming supply of 9,623 units in 4Q15. Planned supply (projects with building plan approval but yet to be constructed) for serviced apartment and Soho stood at 7,692 units and 3,446 units respectively.

WELL known for its enormous malls, Malaysia is a true shopaholic’s haven. From Pavilion KL and Suria KLCC to Mid Valley Megamall, the list goes on and on. Now, the nation’s favourite pastime has led to the rise of another type of shopping destination: outlet centres.

Commonly referred to as the Beverly Hills of Kuala Lumpur, Bangsar is an elite enclave, dominated by landed housing and exclusive, low-density, boutique condominiums.

This week, the spotlight falls on the secondary market of non-landed residences within the highly popular neighbourhood of Bangsar.

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.