Daily Industry News Update (9 February 2021)

INDUSTRY NEWS (9 FEBRUARY 2021)

Malaysians adopt ‘wait-and-see’ approach in buying homes

Malaysians are more realistic and cautious when it comes to buying properties with 42% adopting a “wait-and-see” approach in anticipation for a better deal in the future. PropertyGuru Malaysia country manager Sheldon Fernandez said many buyers are

Proposed Rent Control Law Might Not Be a Good Idea, Says Industry Players

Set to be tabled in 2021, the bill – known as the Residential Tenancy Act – will ensure that property owners do not evict tenants or raise rental rates based on whims and caprices, according to Housing and Local Government Minister Datuk Zuraida Kamaruddin. Tang Chee

Recalibrating the Malaysian property powertrain in 2021

The year 2021 is a year where global citizens from every continent will be clamouring for a magnitude of change to reverse the stormy weather brought about by the infectious Covid-19. If everyone was caught off guard in 2020 by the tidal wave of the pandemic, the new norm of

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