ZADC
Budget 2021: What’s in it for property?
Budget 2021 was tabled last week, with little of the anticipated resistance that some expected. Perhaps the secret sauce was the fact that it addressed some key commercial issues as well as job security, a key component to shoring up consumer confidence as the future continues to look uncertain.... Read more
Cheaper housing not a pipedream
WE SHOULDN’T FOOL OURSELVES INTO BELIEVING THAT CHEAPER HOMES ARE IMPOSSIBLE BECAUSE OF HIGHER MATERIAL COSTS We often go around circles when it comes to discussing affordable housing. These days most market players are onboard when it comes to recognising the need for cheaper housing, but they maintain they... Read more
Young Home Seekers Driving PropTech Growth
Demand for property in Malaysia remains healthy despite the COVID-19 outbreak and resulting Movement Control Orders (MCOs) according to the PropertyGuru Malaysia Consumer Sentiment Study H2 2020, with 81% of young or first-time buyers eager to purchase a home by end-2021. This includes a surge of interest among younger... Read more
US Elections could have impact on local sentiment
MALAYSIANS GENERALLY PERCEIVE THAT A CHANGE IN US PRESIDENCY WILL BRING IMPROVED STABILITY TO THE REGION When it comes to consumer confidence, the state of the local economy and local politics are primary factors that influence Malaysians. However, locals also believe that turbulent leadership in the United States, trade... Read more
Crown Group launches first Melbourne development
LUXURY APARTMENTS IN SOUTHBANK NAMED “ARTIS” Australian property developer Crown Group will launch its first Melbourne development next month, firstly to buyers in Indonesia, then China and South East Asia, followed by Australia in the New Year. Crown Group Chairman and chief executive officer Iwan Sunito said that “Artis”,... Read more
We need a “Job-Centric” budget, says PropertyGuru
Budget 2021 should focus on job creation and economic drivers, particularly for youth and first-time home seekers, says leading property portal and real estate listings site PropertyGuru. It said these demographics have seen a surge in home ownership interest following the COVID-19 outbreak. However, despite a bevy of property... Read more