Property Developers More Prepared To Face Covid-19 Than During Financial Crisis

The property sector is expected to rebound in the fourth quarter of 2020, before normalising by early 2021.

Continue ReadingApr 24, 2020

LBS Foundation Contributes RM1Million To Nadma COVID-19 Fund

LBS Bina Group is committed to flatten the curve of the COVID-19 pandemic and hopes that everyone adheres to the guidelines and Movement Control Order protocols provided by the government.

Continue ReadingApr 24, 2020

Smaller Property Firms May Be Takeover Targets

Among the potential takeover targets are MCT Bhd, MUI Properties Bhd, KSL Holdings Bhd and SHL Consolidated Bhd.

Continue ReadingApr 24, 2020

MITEC Receives Green Building Index Certification

Occupying a 75.5 acres site, MITEC is an integrated development located within the International Trade and Exhibition District of Kuala Lumpur.

Continue ReadingApr 23, 2020

UMLand Pledges RM 50,000 To COVID-19 Aid In Johor

The contribution will be utilized to purchase additional personal protection equipment (PPE) as well as providing food supplies and medical aid to low-income families during this period.

Continue ReadingApr 21, 2020

Illegal Real Estate Negotiators To Quadruple Post-Covid-19

Those who lost their jobs during the Covid-19 pandemic and the Movement Control Order (MCO) may venture into becoming illegal brokers.

Continue ReadingApr 21, 2020

Malaysia’s Property Prices To Adjust By At Least 10% Post-MCO

In Malaysia, it should be somehow slower, probably 10% or maybe the maximum we could be seeing is some 20%.

Continue ReadingApr 20, 2020

Crest Builder May Launch RM2.5bil Worth Of Property Projects

Touted as the city’s first TOD, the 44-storey single tower will feature 17 floors of office space, a lifestyle retail mall and 418 units of small office/flexible office, duplexes and small office/home office.

Continue ReadingApr 17, 2020

S P Setia Initiates Setia Food Aid Humanitarian Effort

This is one of the largest humanitarian initiatives the Group has rolled out in light of this pandemic.

Continue ReadingApr 17, 2020

MREIT Managers Turn Cautious On Earnings Outlook, Affin Hwang

This comes as managers are cautious on the 2020 rental outlook of shopping malls as well as the 2020 earnings outlook of REITs, on the back of the heightened uncertainties.

Continue ReadingApr 16, 2020

Malaysia’s GDP To Increase 9% In 2021, IMF

The rebound expected for 2021 is critically dependent on the fading of the pandemic in the second half of 2020.

Continue ReadingApr 15, 2020

REHDA, MBAM To Work Together To Fight Covid-19

REHDA and MBAM hopes the government will positively look at offering further incentives at any of the stimulus package post-MCO.

Continue ReadingApr 15, 2020

S P Setia Expands Its Humanitarian Efforts To Support The Fight Against Covid-19

S P Setia will continue to expand its humanitarian efforts to help ease those affected by the unforeseen and unexpected hardship following the pandemic.

Continue ReadingApr 14, 2020

Building Material Manufacturers Get Green Light To Resume Operations

The one-month suspension of construction works created some cash flow pressure for construction material players due to potential delays in payments by the private and public sectors.

Continue ReadingApr 14, 2020

PropertyGuru Reaches Out To Developers With TechCare

PropertyGuru aims to support developers in Malaysia through this critical period with TechCare, as weakened consumer sentiment is projected to persist through H2 2020.

Continue ReadingApr 13, 2020

Covid-19 Pandemic Highlights Severity Of Struggling Office Market

The oversupply situation has resulted in adjustments within the office market, with landlords dangling attractive incentives like lower rents, longer rent-free periods and paying for fit-outs.

Continue ReadingApr 13, 2020

Fitch Affirms ‘A-‘ Rating For Malaysia, Revises Outlook To Negative

The country entered the unprecedented period from a position of strength – with healthy financial system, adequate buffers, strong domestic institutional investors and robust policy frameworks.

Continue ReadingApr 10, 2020

UEM Sunrise Contributes To Covid-19 Relief Support

Concerned with the welfare of UEM Sunrise’s closest communities, the Company also distributed essential items and groceries to families affected by the Extended Movement Control Order.

Continue ReadingApr 10, 2020

Covid-19 (Temporary Measures) Bill Needed To Protect All Industries, REHDA

The Bill is mandatory to ensure that every party is protected against any form of penalisation which may be imposed on normal circumstances.

Continue ReadingApr 9, 2020

Sime Darby Property Thanks The Frontliners

With over RM5.3mil donation allocation, Sime Darby Property calls on the public to also share their messages of appreciation for our frontliners

Continue ReadingApr 9, 2020