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The take-up rate of new homes, as measured by the sales-to-launch ratio, has dropped from 117% in March to 96% last month, notes Nicholas Mak, executive director of research and consultancy at SLP International.

KUALA LUMPUR (MAY 24): Many foreign ultra-high-net-worth individuals (UHNWIs) are looking at Malaysia’s residential properties on prime locations, drawn by the weak ringgit.

Even on a weekday afternoon, real estate agents are ubiquitous at Gramercy Park: waiting for their clients at the basement carpark; touring the 170,000 sq ft manicured grounds, which include a 50m pool and clubhouse; or viewing the new show suites at the South Tower with prospective buyers.

PETALING JAYA (May 16): Johor Corp (JCorp) has announced the commencement of key infrastructure developments for the Ibrahim International Business District (IIBD) in Johor Bahru today.

KUALA LUMPUR (May 15): Property developer Tropicana Corp Bhd celebrated its first foray into education with the official opening of St Joseph’s Institution International School Malaysia (SJIIM) today.

PETALING JAYA (May 14): The ninth International Conference on World Class Sustainable Cities 2017 (WCSC 2017) will have the theme “Transforming Cities: Design, Nature and Human Lives”, to reflect the current – and address future – urban challenges faced in meeting the demands of an increasingly populous world.

PETALING JAYA (May 12): Tropicana Corp Bhd’s Cheria Residences at Tropicana Aman near Kota Kemuning, Selangor has achieved 80% take-up to date.

Eco World International Bhd (May 3, RM1.

PETALING JAYA (April 15): Tropicana Metropark in Subang Jaya is set to launch its third serviced apartment project – Paisley on April 22.