Daily Industry News Update (9 January 2021)

INDUSTRY NEWS (9 JANUARY 2021)

MyHSR Corp to receive compensation claim from S’pore soon

Malaysia is expected to receive the compensation claim from Singapore for the terminated Kuala Lumpur-Singapore High Speed Rail (KL-Singapore HSR) project in the next few weeks. According to MyHSR Corp Sdn Bhd CEO Datuk Mohd Nur Ismail Mohamed Kamal, the claim

Longer gestation period for developments along now-scrapped HSR line

The termination of the Kuala Lumpur-Singapore high-speed rail (HSR) project is a setback for the property developments that had hoped to tap the potential of the mega transport endeavour. While there has been talk of having a domestic HSR from KL to Johor Baru, there is

JLL: The beginning of a new PROPERTY cycle

It is no secret that the real estate market has been deeply affected due to the Covid-19 pandemic. In Asia Pacific, JLL foresees a new cycle appearing as a result of the hampering from the Covid-19 pandemic. With optimistic news on the distribution of the Covid-19 vaccine, the

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