Eyeing growth in the Lion City
Malaysians are one of the biggest foreign property buyers in Singapore, and vice-versa. The familiarity with each other’s culture and close distance are the main reasons Malaysians choose to invest in Singapore.
Should you buy property overseas now?
Property portfolio diversification in types and destinations has proven to help manage investment risk. This being the case, anytime would be a good time to put one’s money into the real estate sector.
MCT to launch projects worth over RM1b GDV in 2020
Following the recent launches of Casa Bayu @ Cybersouth and PR1MA Shops in Lakefront @ Cyberjaya, MCT is gearing for more new launches namely Aetas in Damansara and Alira in Subang Jaya in 2020. The total of these new launches amount to over RM1 billion.
DONE DEAL: Office unit in Arcoris Business Suites, Mont'Kiara, Kuala Lumpur
Rented for: RM3,500 (RM2.83 psf); Concluded by: Catherine Wong (REN 23091) (019-663 3377) of Kith and Kin Realty Sdn Bhd; When: May 2020
DONE DEAL: Serviced apartment unit, Pavilion Suites, Kuala Lumpur
Rented for: RM5,000 (RM5.98 psf); Concluded by: Kelly Tan Yen Chin (PEA 1960) (012-266 0695) of IQI Realty Sdn Bhd; When: June 2020
Lendlease and TRX City unveils second tower of TRX Residences
The Exchange TRX’s residential director Eric Chan said the project has attracted attention from buyers around the world, except for the Bumiputera units, all units in Tower A were being snapped up.
Lowering cost with new building methods
As cost is still the main concern, the government’s political will in encouraging more developers to adopt the new building methods is needed to allow a paradigm shift.
DONE DEAL: Serviced apartment unit, Arcoris Residences@Arcoris Mont'Kiara, Kuala Lumpur
Rented for: RM5,000 (RM4.80 psf); Concluded by: Catherine Wong (REN 23091) (019-663 3377) of Kith and Kin Realty Sdn Bhd; When: June 2020
Government has important role in pushing new building technology
Ho & Partners Architects executive chairman Nicholas Lik Chi Ho: The Hong Kong local government has been very supportive in pushing MiC.
