Tuesday 23 July 2013

DTZ: Property investment market turnaround in Q2

SINGAPORE: The Malaysian property market has gained stronger momentum after the 13th general elections (GE13), which saw a turnaround in the investment market in the second quarter of the year, says DTZ Research.

It said the overall office market was stable as both vacancy and rental rates remained unchanged with continued substantial supply in the pipeline. 

The research house also said the anticipated oversupply sentiment did not appear to affect the market as activities remained resilient and active, supported by stable rental and capital values.

Retail sales remained buoyant with continued local and international interest for investments in the sector.
It said the overall office market was stable as both vacancy and rental rates remained unchanged with continued substantial supply in the pipeline. 

The research house also said the anticipated oversupply sentiment did not appear to affect the market as activities remained resilient and active, supported by stable rental and capital values.

Retail sales remained buoyant with continued local and international interest for investments in the sector.
The research house also said the anticipated oversupply sentiment did not appear to affect the market as activities remained resilient and active, supported by stable rental and capital values. 

"Now that the GE13 is over, companies are starting to proceed with major investments, which may have been temporarily held back by political uncertainties.

"We can expect stronger momentum in government-linked mega projects such as the Tun Razak Exchange (TRX), where third-party investors and developers have been invited to participate, DTZ Research added.

The value of 12 deals recorded in the second quarter amounted to RM988.6 million compared with RM490.8 million comprising three deals in the first quarter, mostly in the office sector. Bernama
"Now that the GE13 is over, companies are starting to proceed with major investments, which may have been temporarily held back by political uncertainties.
"We can expect stronger momentum in government-linked mega projects such as the Tun Razak Exchange (TRX), where third-party investors and developers have been invited to participate, DTZ Research added.

The value of 12 deals recorded in the second quarter amounted to RM988.6 million compared with RM490.8 million comprising three deals in the first quarter, mostly in the office sector. Bernama
"We can expect stronger momentum in government-linked mega projects such as the Tun Razak Exchange (TRX), where third-party investors and developers have been invited to participate, DTZ Research added.
The value of 12 deals recorded in the second quarter amounted to RM988.6 million compared with RM490.8 million comprising three deals in the first quarter, mostly in the office sector. Bernama
The value of 12 deals recorded in the second quarter amounted to RM988.6 million compared with RM490.8 million comprising three deals in the first quarter, mostly in the office sector.

Business Times, 19 July 2013

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