The Nomad Group Bhd is optimistic about the outlook for its serviced office segment, expecting to grow its office space by 30% supported by the conducive environment.
Axis REIT Managers Bhd (ARMB), the manager of Axis Real Estate Investment Trust (Axis REIT), aims to grow its portfolio by 20 per cent a year, amid global market uncertainties.
THE property market in 2013 is expected to remain strong with prices not likely to drop, said Malaysian Institute of Estate Agents (MIEA) president Nixon Paul.
Malaysia Building Society Bhd, via its wholly-owned unit Ambang Hartamas Sdn Bhd, plans to buy a proposed office building to be developed for RM239.24 million cash.
SP Setia Bhd recorded sales worth RM2.5 billion under the first phase of its RM6 billion KL Eco City integrated property development project here.
MALAYSIAN Resources Corp Bhd (MRCB) says the Penang Sentral project in Butterworth, estimated to be worth over RM3 billion, will begin in 2013 after more than four years of delay.
Property developer Emkay Group believes there will be a higher middle income population in Cyberjaya as the population in the area is expected to reach 100,000 over the next five years.
The redevelopment of some of the buildings in Jalan Sultan Ismail, one of the longest and main arteries in the heart of the capital, is gaining further traction to unlock the value in the prime location and meet the future demands of the Greater Kuala Lumpur.
Properties in Southeast Asian (MXSO) cities including Bangkok, Jakarta and Kuala Lumpur are attractive for investors seeking to boost returns by holding riskier assets, Deutsche Bank AG (DBK)’s RREEF unit said.
Pelaburan Hartanah Bhd (PHB), a subsidiary and operating arm of Yayasan Amanah Hartanah Bumiputera, will focus on three core areas property acquisition, property development and being a master developer.