Research and Market In Malaysia

DUBLIN, Aug 07, 2011 (BUSINESS WIRE) -- Research and Markets (http://www.researchandmarkets.com/research/a3f858/malaysia_real_esta) has announced the addition of the "Malaysia Real Estate Report Q3 2011" report to their offering.

This report provides industry professionals and strategists, corporate analysts, real estate associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Malaysia's Real Estate industry.

The Malaysian economy registered stronger-than-expected growth of 7.2% in 2010.

The real estate market expanded along with the economy, with the total value of transactions growing by 32.6% year-on-year and increased volumes in all subsectors. This report believes that economic growth in 2011 and 2012 will moderate to 4.9% and 4.2% respectively, with private consumption and investments serving as key drivers for the economy.

Market Overview: The major driver for change in the real estate market has been the oversupply of space - especially office space in Kuala Lumpur. As a result, the outlook for the office subsector in Kuala Lumpur will be weak for at least a few years.

Rents, absorption and occupancy rates are expected to track sideways, as supply and vacancy rates increase. Office rental levels are expected to hold up better in Johor Bahru and Kota Kinabalu.

In the retail subsector, the signs are fairly positive and the industry is expected to grow by around 6% in 2011. Spending by consumers is growing - disposable income levels are rising, the unemployment rate is low (around 3.0%), and tourism is on the increase. On the downside, costs are rising too - causing profit margins to shrink.

In the industrial subsector, there is growing demand for space from small and medium enterprises, leading to increased developments for this segment.

Increasing industrial property developments will occur in new areas, both within and outside the Greater Kuala Lumpur area.

Key Trends: The government launched the US$444bn Economic Transformation Programme in September 2010, with a specific focus on driving private investment - 60% of the ETP investment is expected to come from the private sector - in key sectors such as infrastructure, over the next 10 years. In 2011, the largest major developments set to begin include: Menara Warisan - an extensive integrated development comprising a 100-storey tower; Kuala Lumpur International Financial District; and Mass Rapid Transit in Greater Kuala Lumpur.

Companies Mentioned: AZRB General Corporation Berhad IJM Corporation Berhad Isyoda Corporation Berhad (ICB) MRCB WCT Berhad For more information visit http://www.researchandmarkets.com/research/a3f858/malaysia_real_esta SOURCE: Research and Markets CONTACT: Research and Markets Laura Wood, Senior Manager, press@researchandmarkets.com U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Copyright Business Wire 2011 -0- KEYWORD: Malaysia

Asia Pacific INDUSTRY KEYWORD: Construction & Property

Commercial Building & Real Estate

property burst ? bubble? most unlikely not...

AmInvestment Bank Group, one of the largest investment banks in Malaysia, said that a property bubble burst is improbable in Asia Pacific, including Malaysia, as there are no signs hinting at such a trend over the next two years.

“I don’t see a property burst (happening) in the next six months, one year or two years down the line” said Ng Chze How, Director for Retail Funds.

“You have high wages, ample liquidity, small percentage of non-performing loans and these plus steps taken by the government to prevent the economy from overheating, augur well for the property market.”

He noted that the market will have more advantages with these factors, coupled with economic recovery.

Meanwhile, AmAsia Pacific Reits has invested in a diversified portfolio of Reits listed in Asia Pacific.

Ng is positive the Reits chosen by the group will witness high occupancy rates and growing rentals.

“Selected Asian properties have yet to reach their previous peak, as such, there is room for potential growth,” he said.

Arena Green Worth buying? Look at the market trend......

Arena Green, Bukit Jalil

Arena Green in Bukit Jalil is a condominium that provides a peaceful, relaxing lifestyle. It allows its residents to enjoy cosy living with ease due to its various amenities surrounding the area and easily within reach.

Arena Green provides stylish and cosy interiors with built-up area that ranges from 726 up to 950 square feet, large balcony, and also inclusive of breathtaking panoramic view of golf course and landscaped gardens that can give you fresh air amidst the natural surrounding.

Arena Green is an apartment development situated opposite of Komplek Sukan Negara buildings and within the same neighbourhood with Malaysia Technology Park (TPM), APIIT College, International Medical University (IMU), near Selangor Turf Club, Seri Kembangan, Seri Petaling, Puchong, Bandar Kinrara, OUG or Old Klang Road, plus a mere 30 minutes journey to the new administrative capital of Kuala Lumpur in Putra Jaya and Kuala Lumpur International Airport.

Arena Green is strategically located with easy access to major expressways such as the Kuala Lumpur-Seremban Highway through the Serdang-Puchong dual carriageway (Lebuhraya Bukit Jalil) that links Jalan Puchong to Serdang, Maju Express Highway (MEX) which has an entrance and exit in Bukit Jalil to Kuala Lumpur, Putrajaya, Cyberjaya and KLIA, KESAS Highway, SMART expressway, BESRAYA highway and also the Middle Ring Road 2 (MRR2).

In addition, Arena Green also provides its residents with convenient access to public amenities and township facilities such as primary (SK Bukit Jalil) and secondary (SMK Bukit Jalil) schools, within distance to Endah Parade Shopping Centre that provides more than 100 outlets.

Arena Green is also near to Carrefour Hypermarket, The Store, shops, banks and eating outlets, as well as easy access to public transport such as bus and taxis. It is within walking distance to Bukit Jalil LRT station and also near Seri Petaling LRT station.

Arena Green is also situated nearby Bukit Jalil National Sports Complex, Taman Rekreasi Bukit Jalil, Taman Esplanade, Bukit Jalil Golf and Country Resort for easy access of sports and recreational activities.

Property Details

• Name: Arena Green
• Address: Jalan 1/115a, Bukit Jalil, 57000 Kuala Lumpur
• Developer: Berjaya Land (a subsidiary of Berjaya Group)
• Completion Date: 2000 / 2001
• Type: Apartment
• Tenure: Freehold
• No. of Storey: 11
• No. of Units: 1,240
• No. of Bedrooms: 1 to 3
• No. of Bathrooms: 1 to 2
• Built-up: 726 – 950 sf
• Maintenance Fee: RM79
• Subsale Price: From RM145,000 onwards
• Rental: From RM800 and upward

Facilities

• 24-hour security
• Covered parking area
• Club house
• Mini market
• 24-hour convenience store
• Cafeteria
• Salon
• Jogging track
• Playground

Market Trends

Analysis

Arena Green in Bukit Jalil is without a doubt a development that comprises of affordable apartments with lots of modern facilities to cater for lower-to-mid market buyers such as first home investors. It is strategically located within close proximity to variety of conveniences within walking distance in its surrounding environment.

In terms of convenience, there are numerous amenities to be found nearby Arena Green which include schools, convenient stores, within reach of Bandar Baru Seri Petaling that provides 24 hours food stalls, night markets, petrol station, shopping malls and hypermarkets, public transport provided by Rapid KL buses and also walking distance to Bukit Jalil LRT station.

Arena Green comes with easy accessibility from the numerous highways leading to this place and connecting it to the city centre or other destinations like Bandar Sunway, Subang Jaya, Petaling Jaya or Shah Alam.