INDUSTRY NEWS (4 JANUARY 2021)
2021: Property sales outlook tied to health of economy
MIDF Amanah Investment Bank Bhd Research (MIDF Research) expects property sales to turn weaker in 2021 as buyers’ sentiment will be affected by the uncertain economic outlook as a result of the re-imposition of Conditional Movement Control Order (CMCO) following a resu…
Malaysia remains preferred destination by Chinese property buyer
Kuala Lumpur (KL) remains an attractive investment spot for Asian buyers post COVID-19 due to competitive pricing, long-term growth potential and foreign-friendly policies. The reason for this is that properties in KL have relatively affordable price per square feet, ample facilities,
Scrapping of KL-S’pore HSR project a bane to construction sector
The termination of the Kuala Lumpur-Singapore high-speed rail (HSR) project, the single largest infrastructure project thus far with an estimated project sum of RM68 bil is a major disappointment for the construction sector. Such is the deduction by TA Securities Research
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