KGV International: 2018 is a year of shifts and survival
“The current overhang units will also take time to be absorbed…”
“The current overhang units will also take time to be absorbed…”
As demand for logistics and distribution centres increases, so does the development of smaller industrial facilities.
“Affordability needs to be market-driven because market forces cannot be suppressed coercively.”
More retailers are reviewing their business strategy including downsizing.
The average occupancy rate of offices in Kuala Lumpur continued to decline in 4Q17.
SkyWorld Development Group is planning to launch projects worth RM2 billion in the city this year.
He also lists potential pitfalls buyers need to be aware of.
Sold for: RM1.38 million (RM560 psf); Concluded by: Jerro Loh (E2417) and Esther Chan (REN 08489) of J Maison Realtor (012-281 2078; 017-664 6709); When: September 2017
CBRE|WTW Malaysia: There is no single government body that monitors the situation, so we are not sure whether the products launched are suitable for the target market.
“Developers are focusing more on landed homes instead of high-rise homes now.”