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Knight Frank warns Malaysia's property industry of drop in sales of luxury market worldwide

KUALA LUMPUR, March 26 Property consultant Knight Frank Malaysia today urged key players in the Malaysian property industry to take note of the latest update on the residential. ....

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Knight Frank: With 721 people in list last year, Malaysia's 'ultra-rich' population among top 10 fastest growing globally

KUALA LUMPUR, May 30 Malaysia is among the top 10 countries with the fastest-growing population of ultra-rich individuals which is defined as having a minimum of US$30. ....

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With 721 people in list last year, Malaysia's 'ultra-rich' population among top 10 fastest growing globally | Daily Express Online

Kuala Lumpur: Malaysia is among the top 10 countries with the fastest-growing population of ultra-rich individuals — which is defined as having a minimum of US$30 million or RM139 million in net wealth — last year, property consultancy Knight Frank’s latest report showed. ....

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Cover Story: Branded residences continue to appeal to HNWIs

Property experts believe that branded residences will have a special place in the real estate industry because of their unique offerings as well as the attention to detail and quality service provided. These products appeal particularly to high-net-worth individuals (HNWIs) with discerning tastes and who are willing to pay a premium for a luxury lifestyle.
From a transactional standpoint, property experts believe branded residences will continue to see steady demand despite the Covid-19 pandemic and ongoing economic challenges, especially those with strong brand names.
“The traditional branded concept is a hotel-led development with integrated or linked residences. They naturally benefit from the hotel brand (quality), management (smooth running) and services (luxury). In essence, this gives the owner the comfort and permanence of a home but with the full benefits and luxury of a five-star hotel,” says Knight Frank Malaysia associate director of international project m ....

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Consumer sentiment increasing for New York real estate, says Knight Frank Malaysia

Consumer sentiment increasing for New York real estate, says Knight Frank Malaysia
Kathy B.
© Provided by New Straits Times
Madison House recently surpassed US$100 million in sales volume, despite the impact of the pandemic. Image courtesy of Knight Frank Malaysia
As the year draws to a close, momentum continues to trend in the right direction in the U.S real estate market, says Knight Frank Malaysia associate director, international residential project marketing, Dominic Heaton-Watson.
Heaton-Watson said given the promising vaccine data and change in U.S. executive leadership consumer sentiment is increasing as evidenced by recent transactional data.
Buying opportunity is present, he said, adding that the US$1 million to US$3 million core segment of the market, has held strong. ....

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