Retailers brace for tougher times
KUALA LUMPUR: The retail industry is expected to contract this year but all is not gloom and doom. Some shopping destinations and brands are bucking the downward trend and are going ahead with their expansion.
KUALA LUMPUR: The retail industry is expected to contract this year but all is not gloom and doom. Some shopping destinations and brands are bucking the downward trend and are going ahead with their expansion.
KUALA LUMPUR: European banks are showing appetite for lending against well-let prime assets with established borrowers although situations do not seem very good for new businesses.
KUALA LUMPUR: Demand in the Shanghai residential market has gradually re-emerged as developers slashed house prices since the end of last year.
KUALA LUMPUR: Corporate Real Estate (CRE) executives in Asia Pacific are more willing than their global counterparts to invest in sustainability, according to a global sustainability survey undertaken in September and October 2008 by Jones Lang LaSalle and CoreNet Global.
Damansara Utama in Petaling Jaya, more popularly known as DU, is often recognised for its Damansara Uptown commercial square, which has been around for more than two decades. The commercial centre, comprising mainly 4-storey shopoffices and office towers, is still a hive of activity.In the words of its developer See Hoy Chan Sdn Bhd, “a successful commercial area is always busy”.
During a recession, we are often told to look out for opportunities.
When IJM Land Bhd embarked on its quest to develop a waterfront resort in Penang that could rival landmarks such as the Canary Wharf in London, Docklands in Melbourne and Queens Quay in Toronto, the developer realised it needed a distinctive design that could be recognised as a work of art.To attain this goal, it appointed six Malaysian architectural firms to design the residential components f
There is no denying that cash is king. But how can this be if you do not first get it to work for you? The current global financial turmoil makes predictions tough.
Prices and rents of residential properties particularly high-end high-rises, on the secondary market in the Klang Valley are expected to slide further.
KUALA LUMPUR: Prices of landed residential properties on the secondary market in popular areas in the Klang Valley have been resilient so far.