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
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
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
The Supply and Design Cost of COVID-19
PANDEMIC LIKELY TO IMPACT NEAR-TERM SUPPLY AND LONG-TERM DESIGN OF HOUSING As the end of the COVID-19 global pandemic seems nowhere in sight, it has been increasingly difficult to count the total cost of the virus has had (or will continue to have on) our global economy. Among the... Read more
Thriving against the odds
HOW IKANO CENTRES ARE ARE BUCKING THE TREND IN A CHALLENGING RETAIL CLIMATE BY SIMPLY STAYING TRUE TO THEIR PURPOSE BY Chris Prasad Plagued by a sputtering economy and an oversupply of retail space in key urban hubs across the country, the performance of shopping centres has been less... Read more
NEWSFLASH: Ringgit on the move?
US-CHINA TRADE TALKS, BUDGET 2020 SET TO SWAY RINGGIT BY Zoe Phoon For the week ahead, Malaysia’s Budget 2020 announcement will be the highlight of the domestic calendar, according to Han Tan, market analyst at regulated forex broker ForexTime (FXTM). The analyst said in an October 4 FXTM report... Read more
Cyberview, MRT Corp sign pact for Cyberjaya City Centre devt
MUTUAL AGREEMENT SEALED FOR CO-EXISTENCE OF TOD BY Zoe Phoon Cyberjaya’s tech hub enabler Cyberview Sdn Bhd and Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) have signed a mutual agreement to enable the construction of a Mass Rapid Transit (MRT) station for the MRT Sungai Buloh–Serdang–Putrajaya (SSP) Line... Read more
LBS makes Top Honour list at ‘best brands’ award
COMPANY CONTINUES RUN AGAINST THE GRAIN OF A SLOW ECONOMY WITH A STRING OF SUCCESSES Township developer LBS Bina Group Berhad (LBS) was recently honoured with two awards for its exemplary practices at The BrandLaureate Prominent Business BestBrands Award 2018. Recognised for going beyond the call of duty in... Read more
LRT 3 is on, but at lowered cost
FOLLOWING A COMPREHENSIVE REVIEW, THE LIGHT RAIL TRANSIT PROJECT WILL LIKELY BE BACK ON TRACK BY NOVEMBER Here’s the good news for commuters: the Light Rail Transit 3 (LRT3) project will probably be back on the cards by November. The bad news, however, is this decision comes after contractors... Read more