Investing in a downturn
During a recession, we are often told to look out for opportunities.
During a recession, we are often told to look out for opportunities.
When IJM Land Bhd embarked on its quest to develop a waterfront resort in Penang that could rival landmarks such as the Canary Wharf in London, Docklands in Melbourne and Queens Quay in Toronto, the developer realised it needed a distinctive design that could be recognised as a work of art.To attain this goal, it appointed six Malaysian architectural firms to design the residential components f
There is no denying that cash is king. But how can this be if you do not first get it to work for you? The current global financial turmoil makes predictions tough.
Prices and rents of residential properties particularly high-end high-rises, on the secondary market in the Klang Valley are expected to slide further.
KUALA LUMPUR: Prices of landed residential properties on the secondary market in popular areas in the Klang Valley have been resilient so far.
KUALA LUMPUR: Luxury house prices have fallen around the globe, but the super rich's appetite for property remains unshaken, according to the Knight Frank/Citi Private Bank Wealth Report 2009.
PENANG: The 4th edition of the Penang International Property Expo 2009 (PIP’09), which begins on March 27, is expected to attract about 30,000 visitors to the three-day event. There will be about 40 exhibitors including Mah Sing Group Bhd, SP Setia Bhd, CIMB Bank Bhd and HSBC Bank Malaysia Bhd at the exhibition to be held at the Penang International Sports Arena (PISA).
KUALA LUMPUR: The current credit crunch could result in significant changes to the way new homes will be financed, built and planned in the country, according to a report by Knight Frank LLP, London on The Future of Residential Development in Britain.The March 2009 report said Britain's residential development industry has entered a period of "drastic change", one of which the public
How will property development fare in Kuala Lumpur city in the future? Land for development is fast disappearing. Green lungs should not be touched. So, where do we go from here?Urban renewal is the answer.
If landlords were to get together, there would be a number of not-so-pleasant tales exchanged about their experiences with tenants. According to lawyer Chris Tan of Chur Associates, the common complaints from landlords include tenants defaulting on rent, running away and making improper use and not taking care of premises.