News: malaysia property investment

The most recent malaysia property investment news from a variety of international property news sources.

‘Property bubble burst unlikely in Malaysia’

A property bubble burst is unlikely to happen in the Asia Pacific, including Malaysia, as there are no signs to indicate such a trend in the next two years, says AmInvestment Bank Group. Director for Retail Funds Ng Chze How said real estate investment trusts (REITS) would also not experience a burst including those acquired [...]

Short-term stable outlook for shop offices and retail space

PETALING JAYA: The short-term outlook for shop offices and retail space in the Klang Valley is stable despite concerns over inflationary pressures as well as reduced rental yields, property consultants say. A report by DTZ Nawawi Tie Leung Property Consultants Sdn Bhd said while the retail market continued to be active, the rise in the [...]

Plugging the gaps in urban renewal

Urban renewal is necessary if cities are to thrive. When cities thrive, the country progresses. From Penang to Ipoh, Kuala Lumpur to Johor Baru, the major cities in Malaysia are heading towards urban renewal. It is not unique to Malaysia. Singapore’s most recent renewal programme is the Selective En bloc Redevelopment Scheme, or SERS (see [...]

Kampung Baru redevelopment – an ambitious project

Land dilemma: The redevelopment of Kampung Baru (beneath the KL city skyline) is potentially a very problematic one due to multiple ownership of land. The impending redevelopment of Kampung Baru, which is located in the heart of Kuala Lumpur, will be one of the most challenging urban regeneration projects by the Government. A source from [...]

Location a key factor for SouthKey’s JB project

Banking on location: Southkey Properties Sdn Bhd executive director Quek Cham Hong (left) with general manager J.E. Ng looking at a model of the SouthKey mixed integrated property development project. SOUTHKEY Properties Sdn Bhd is banking on the strategic location of its integrated mixed development project in Johor Baru as the main selling point to [...]

Dijaya Corp thinks big

AFTER keeping a low profile in the past with sales below the RM500mil cap, property developer Dijaya Corp Bhd is changing course and moving into higher gear to become a more active developer with higher sales targets. It is targeting sales of RM519mil for the current financial year (FY) ending Dec 31, 2011, RM820mil in [...]

Development needs people

In any renewal programme, the question to ask is the carrying capacity of the city because ultimately structures do not make a city, people do. Very often, in the enthusiam of having new structures to bring glory to a city, the carrying capacity is forgotten, says PJ councillor Mak Khuin Weng. In the case of [...]

Pavilion to expand to full capacity

Kuala Lumpur: Pavilion Kuala Lumpur, which is expected to be the key asset of a planned real estate investment trust that is heading for a listing, will be extended. The mall, owned by Urusharta Cemerlang Sdn Bhd, now has a total built-up area of 3.68 million sq ft. Urusharta Cemerlang is 51 per cent-owned by [...]

SP Setia eyes E&O

Business Times learns that shareholders of SP Setia have made overtures in recent months with certain shareholders of Eastern and Oriental George Town: Major shareholders of SP Setia Bhd, Malaysia’s biggest developer, plan to buy a strategic stake in property and hospitality company Eastern and Oriental Bhd (E&O), people familiar with the matter said yesterday. [...]

Smart city deal to boost Nusajaya property prices

KUALA LUMPUR: Property prices in Nusajaya in Iskandar Malaysia, Johor, are expected to rise further as UEM Land Holdings Bhd and Iskandar Investment Bhd (IIB) plan to transform the area into a “smart+connected” community. In the last five years, property prices had increased by 10 to 30 per cent in East Ledang, Nusa Idaman and [...]