Research ‘THE WEEK THAT WAS’ 15th January – 21st January 2018 The Maples Niseko, Hokkaido, Japan Knight Frank Malaysia Prepared by: Research & Consultancy Knight Frank Malaysia Suite 10.01, Level 10 Centrepoint South Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur T: +603 228 99 688 F: +603 228 99 788 Table of Contents (A) RESIDENTIAL .............................................................................................. 6 Westside III project in Desa ParkCity ahead of schedule, says GDB (theedgemarkets.com, 17th January 2018) .................................................................... 6 1,000-strong crowd at ballot for Platinum Victory’s affordable housing projects (EdgeProp.my, 16th January 2018) .................................................................. 6 Sime Darby Property launches Azira in Bandar Bukit Raja (The Star, 18th January 2018) .......................................................................................................................... 7 Sime Darby Property to launch 1,000 affordable units this year (The Edge Financial Daily, 17th January 2018) ................................................................................... 7 Luxury homes close to nature (The Star, 21st January 2018) .................................. 8 80,000 Rumawip homes by year end (The Star, 16th January 2018) .................... 8 Hektar Aneka aims to build more affordable homes (The Malaysian Reserve, 17th January 2018) ................................................................................................................. 8 More affordable homes to be built by PR1MA in Sabah (The Sun Daily / Bernama, 20th January 2018) ............................................................................................. 9 MBSB sees affordable housing to boost project financing to RM1.9b (New Straits Times, 16th January 2018) ................................................................................... 10 Maybank Islamic's rent-to-own scheme now open to public ([email protected], 16th January 2018) ......................................................... 10 (B) MIXED DEVELOPMENT ............................................................................ 11 Berjaya Land’s tall order (Focus Malaysia, 13th – 19th January 2018) ............... 11 Aspen inks partnership with LG smart products (theedgemarkets.com, 118th January 2018) ....................................................................................................................... 12 Poised to transform town (The Star, 21st January 2018) ....................................... 12 (C) COMMERCIAL / OFFICE ........................................................................... 13 Wisma MCA to be redeveloped (Focus Malaysia, 13th – 19th January 2018) 13 Jabil finds home in refurbished mall (The Star, 17th January 2018) .................. 13 (D) RETAIL ....................................................................................................... 14 Shopping malls turn to F&B for better yield (The Malaysian Reserve, 15th January 2018) ....................................................................................................................... 14 IGB expands Dave’s Deli chain to Sydney (The Edge Financial Daily, 19th January 2018) ....................................................................................................................... 15 Poh Kong aims to outdo strong FY17 growth (theedgemarkets.com, 17th January 2018) ....................................................................................................................... 15 Online sales bring cheers to online retailers (The Malaysian Reserve, 15th January 2018) ....................................................................................................................... 15 CJ Wow shop eyes RM120m sales (New Straits Times, 16th January 2018) ... 16 (E) INDUSTRIAL / PLANTATION .................................................................... 16 Tasco sells warehouse, land in Port Klang for RM17.5m (theedgemarkets.com, 15th January 2018) ................................................................. 16 Click to the table of contents PetChem kick-starts 2018 with output at new Kuantan plant (The Malaysian Reserve, 15th January 2018) ............................................................................................. 16 Dominant Enterprise to expand capacity at BM, Dengkil plants (The Star, 16th January 2018) .............................................................................................................. 17 CCM to boost chlor-alkali output at Pasir Gudang plant (The Star, 18th January 2018) ....................................................................................................................... 17 (F) INVESTMENT ............................................................................................. 17 Fostering closer ties between China and Sabah (The Star, 20th January 2018)17 (G) CORPORATE ............................................................................................. 18 Advance Synergy expands property biz with Klang Valley commercial buildings buy (theedgemarkets.com, 16th January 2018) .................................... 18 Aspen to invest RM58.8m in Selangor residential project (EdgeProp.my, 15th January 2018) ....................................................................................................................... 19 Titijaya has ongoing, future projects of RM12.3b GDV (The Edge Financial Daily / Bernama, 15th January 2018) ............................................................................ 19 Titijaya lines up RM1.45b new launches in FY18 (The Edge Financial Daily, 16th January 2018) .............................................................................................................. 20 Sime Darby Property FY18 sales seen exceeding FY17’s(The Edge Financial Daily, 19th January 2018) .................................................................................................. 20 Jalan Semarak parcels returned to Felda (EdgeProp.my, 15th January 2018) 21 Mofaz seeks to list construction unit in 3 years (The Edge Financial Daily, 15th January 2018) .............................................................................................................. 21 Gabungan AQRS and Tera Capital agree to more time for One Jesselton project ([email protected], 16th January 2018) .......................................... 22 Sunsuria eyes large scale infrastructure projects (The Star, 17th January 2018)22 MMC liquidates JV company with Zelan (theedgemarkets.com, 16th January 2018) ........................................................................................................................................ 23 (H) REIT / FUND ............................................................................................... 23 Pavilion REIT expects 5-6% rental rate growth in 2018 (The Malaysian Reserve, 16th January 2018) ............................................................................................. 23 MQREIT 4Q earnings slump to RM3.32m, proposes final gross income distribution of 4.16 sen (theedgemarkets.con, 19th January 2018) ................... 23 (I) TOURISM / LEISURE ................................................................................. 24 Malaysia's first Banyan Tree resort to open in June (theedgemarkets.com, 15th January 2018) .............................................................................................................. 24 WCT, EPF launch New World Petaling Jaya Hotel (The Edge Financial Daily, 18th January 2018) .............................................................................................................. 24 Avillion Hotel Group opens its fifth hotel in Cameron Highlands (theedgemarkets.com, 17th January 2018) ................................................................. 25 KL to welcome its first Fairfield by Marriott by 2020 (EdgeProp.my, 18th January 2018) ....................................................................................................................... 25 International firms can help promote local products (New Straits Times, 18th January 2018) ....................................................................................................................... 26 Click to the table of contents Developer introduces shared ownership model (EdgeProp.my, 19th January 2018) ........................................................................................................................................ 26 Crest Builder gets RM149.5m hotel building job (theedgemarkets.com, 18th January 2018) ....................................................................................................................... 27 MNC Wireless to take up units in Malacca's Marina Point for luxury homestays ([email protected], 15th January 2018) .................................. 27 Higher international arrivals benefit local theme parks (The Malaysian Reserve, 15th January 2018) ............................................................................................. 28 RM46mil project in Melaka to include 2.5km cable car line and theme park (The Star, 19th January 2018) .......................................................................................... 29 ESCAPE appoints events consultant to enhance services (The Star, 19th January 2018) ......................................................................................................................