6 07, 2017

KL issues request for proposal for development of Bandar Malaysia

By |July 6th, 2017|Malaysia|0 Comments

KUALA LUMPUR • Malaysia's Ministry of Finance yesterday issued a request for proposal (RFP) for companies interested in taking part in the development of Bandar Malaysia, a RM12.3 billion (S$4 billion) property project on the fringes of Kuala Lumpur that will house the terminus for the high- speed rail link between Singapore and Malaysia. In [...]

14 06, 2017

GCC realty investment prospects in Malaysia

By |June 14th, 2017|Malaysia|0 Comments

Middle Eastern investment in Malaysia has been traditionally substantial since the country started its push to tap capital and attract tourists from the Middle East under former premier Abdullah Ahmad Badawi in the early 2000s. Since then, the property market in Malaysia has seen strong demand, particularly from the GCC, spanning individual homebuyers and institutional [...]

8 06, 2017

Glamour returns to KL’s luxury properties

By |June 8th, 2017|Malaysia|0 Comments

KUALA LUMPUR has shown an improvement in the luxury residential property market in the first quarter of the year, according to Knight Frank’s Prime Global Cities Index. In just over a year, the percentage changes were -1.9 per cent, -0.7 per cent and -0.3 per cent for the period between March 16 last year and [...]

8 06, 2017

Malaysian developer buys 1 Draycott Park near Orchard Road for $72m

By |June 8th, 2017|Malaysia, Singapore|0 Comments

SINGAPORE - A subsidiary of Malaysian property developer Selangor Dredging has purchased a parcel of prime freehold land in the Orchard area. Champsworth Development, which is 50 per cent owned by Selangor Dredging, paid S$72 million for 1 Draycott Park. This translates to a price of approximately S$1,787 per sq ft per plot ratio, inclusive [...]

16 02, 2017

Consortium wins joint development partner contract for KL-Singapore high-speed rail

By |February 16th, 2017|Malaysia, Singapore|0 Comments

SINGAPORE: A three-party consortium has won the joint development partner (JDP) contract for the Kuala-Lumpur-Singapore high-speed rail (HSR) project, Singapore’s Land Transport Authority (LTA) and Malaysia’s MyHSR Corp announced on Thursday (Feb 16). Under the contract, the consortium – made up of WSP Engineering Malaysia, Mott MacDonald Malaysia and Ernst & Young Advisory Services – will [...]

9 02, 2017

Tan & Tan developments to unveil Stonor 3, its latest collection of luxury homes in the heart of KLCC 

By |February 9th, 2017|Malaysia, Singapore|0 Comments

7 February 2017, Kuala Lumpur - Tan & Tan Developments Berhad (“Tan & Tan”) is unveiling Stonor 3 in Singapore – one of its most luxurious homes in the heart of KLCC on 18 & 19 February at Hilton Singapore Hotel, Orchard Road. Located in the prestigious, highly sought after KLCC area and in close [...]

18 12, 2016

Singapore-JB Rapid Transit System to make impact on Johor real estate: Analysts

By |December 18th, 2016|Malaysia, Singapore|0 Comments

SINGAPORE: Investor interest in Johor Baru properties will likely pickup with recent news that Singapore and Malaysia are expected to ink a bilateral agreement for the Rapid Transit System (RTS) next year, analysts told Channel NewsAsia. The system promises an easier time crossing borders, and will link up with the Thomson-East Coast rail network in [...]

2 12, 2016

Property market to remain subdued in 2017

By |December 2nd, 2016|Malaysia|0 Comments

KUALA LUMPUR: The property market is expected to remain subdued in 2017 mired by issues such as unaffordability, high rejection of loan applications and macro-economic issues such as rising living costs and smaller growth in incomes. Real Estate and Housing Developers’ Association Malaysia (Rehda) president Datuk Seri Fateh Iskandar Mohamed Mansor said the challenging trend [...]

30 11, 2016

Property still a favourite investment

By |November 30th, 2016|Malaysia|0 Comments

PROPERTY continues to be a favourite investment portfolio among Malaysians given the country’s high population growth rate that supports demand. Setia Awan Group chief executive officer Dr James Tee in his talk on Property Investment Checklist, held in conjunction with the Fair 2016, said the richest people in the country gained 50% of their [...]

23 11, 2016

Chinese developers flooding Johor home market

By |November 23rd, 2016|Malaysia|0 Comments

JOHOR BARU • While Chinese home buyers have sent prices soaring from Vancouver to Sydney, in this corner of South-east Asia it is China's developers that are swamping the market, pushing prices lower with a glut of new homes. They are betting that Johor Baru, bordering Singapore, will eventually become the next Shenzhen, the economic [...]