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UEM Sunrise's Residensi Astrea records over 50% bookings
PETALING JAYA: UEM Sunrise Bhd achieved over 50% take-up rate for its latest development, Residensi Astrea Mont’ Kiara, before its official launch.UEM Sunrise chief marketing officer Kenny Wong said there were 44% of the units taken up by the members of the Tresor customer loyalty program, while...
The residential overhang in the local property market from 2014 to 2018 Q1
BY NG PAU LINGpauline@thestar.com.my The issue of supply-demand imbalance in the property market has been highlighted since 2015, and the number of overhang and unsold residential properties in the nation have worsened every year.In the first quarter of 2018 (1Q 2018), the unsold residential units...
Budget 2019 Wishlist 005: It’s easier to look back than to look into the future
With the impending arrival of the Federal Budget 2019, StarProperty.my invites the public and stakeholders of different industries to contribute their thoughts on how the government should spend or save money. Contributed by AREA Management Sdn Bhd executive chairman Datuk Stewart Labrooy“In the...
65% increase for the property priced RM500,000 and below
By Viktor ChongPETALING JAYA: Despite the contraction in the number of housing units launched, properties within the price segment of RM500,000 and below experienced a jump to 65% in the first half of the year from 52% recorded in the second half of 2017.According to the REHDA Property Industry...
Bumiputra quota to be standardised across the state, says KPKT minister
By Aisyah SuwardiRehda immediate past president Datuk Seri FD Iskandar, KPKT minister Zuraida Kamaruddin and MAPEX 2018 organising chairman Datuk Ng Seing Liong during the press conference of MAPEX 2018.PETALING JAYA: The Housing and Local Government ministry is considering the posibility of the...
Johor, a top choice for families to settle down
By Viktor Chong viktor@thestar.com.myFor most individuals, the purpose of life and its intricate weavings often revolve around one factor, family. Without a doubt, the prospect of our loved ones has always been at the forefront of our minds.Hence, for every development, landed or high-rise must...
Post-award double fairs for Johor folk
Hot on the heels of the StarProperty.my Jewels of Johor Awards, the Star Media Group’s online property platform will showcase some of the best developments with its latest instalment of the StarProperty.my Fair from Oct 16 to 21.It is targeting those looking to buy their dream home in Johor, both...
Oversupply issue does not affect high grade offices
By Viktor Chong The oversupply of office units in Selangor isn’t new, with lower absorption rates and increase in supply for the foreseeable future. Since the current trend doesn’t seem to be changing anytime soon, landlords are forced to offer greater rental incentives to adapt to the...
Shopping centres in Malaysia: does size matter? Part I
Contributed by Henry Butcher Retail managing director Tan Hai HsinIt is already a lifestyle for Malaysian consumers to visit shopping centres, especially during the weekend. A shopping mall is after all, a relaxing spot with free air-conditioning and it makes for a good place for a family outing,...
Opportunities from residential overhang
BY NG PAU LING pauline@thestar.com.myKUALA LUMPUR: Property agents view the country’s residential overhang as an opportunity to sell, real estate agency Cornerstone Realty executive director Wong Yau Long said.Wong expects the overhang situation in the country to remain unchanged until next...