Photo Gallery – Homes of Billionares

2009 March 13
by saoandco
Fiona Forbes
Image via Wikipedia

Forbes Com’ photo gallery – Homes of the Billionaires

For your view and share this.

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General view of world property markets

2009 March 10

Capital values falling across many emerging countries & rental declines expected to accelerate across world region, investor activity plummets as dearth in credit intensifies and financial instability leads to sharper re pricing of risk across emerging markets.

Strong emerging and resilience countries such as UAE, China, Turkey and Brazil have seen decreases in both capital values and investment interests.

Rents are falling across almost major markets of the world with greatest pressure in parts of Asia, Taiwan, Hong Kong, Singapore and India. India seen the worst sharp decline after collapse world trade has smashed export earnings and business confidence.

The Middle East emerging markets seen a sharp fall both in capital values and rental.

Read more: here.

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White aisle runner – Remeelle Ramli & Diana Johor

2009 March 8

p1050360

Congrats, Remeelle Ramli and Diana Johor, as you walk down the weeding aisle & happily married ever after, together forever.

Tahniah, Tan Sri & Puan Sri, and Puan Norasah the mothers and fathers of the bride and bridegroom.

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Twin Towers top rate in KL CBD

2009 March 8
The Petronas Twin Towers, designed by Thornton...
Image via Wikipedia

KLCC P owns prime commercials comprising office towers, retails and ongoing development in the hotbed of the Kuala Lumpur business district.

KLCC Property is expected to renew leases of its tower blocks this year. Despite a forecast shortfall in the overall performance of rentals for office space, KLCCP managed to gain incremental rental rates for its commercial office early this year.

Menara Exxon Mobil tower is renewing at a rate close to RM7.00 p.s.f,  from previous level of RM5.25 psf, a shift of about 34%. Twin Towers’ rents are due for a revision from RM8.70 p.s.f to RM9.50 p.s.f, an increment of 10%.  The building is on lease to Petronas.

Industry sources believe KLCCP commercial offices are being leased out at low rates. Prime A plus office building like KLCC Towers, according to the sources, appropriately rated at RM12.00 p.s.f or higher,  and still the cheapest in the region.

KLCCP is truly the benchmark for prime commercial rate in the Kuala Lumpur Property Market. A remarkable achievement.

From SAO & Co Research. 5 March 2009.

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