Daily Industry News Update (9 August 2021)

INDUSTRY NEWS (9 AUGUST 2021)

Johor Corp to sell ‘at least’ two hospitality assets

State investment arm Johor Corp (JCorp) is looking for buyers for The Puteri Pacific Hotel in Johor Bahru and Hotel Selesa Pasir Gudang, according a report by The Edge Malaysia. The report also stated that if sold, the two assets “could fetch a combined RM160 million”.

Accessibility and self-sufficiency key in postpandemic era

Rather than just a place to go back to and rest, homes are now used for everything from cooking, eating and socialising to studying and working.  Sunway Berhad central region property development division executive director Chong Sau Min has observed  a shift in

SPNB to take over management of PPR houses – Zuraida

Management of the newly completed People’s Housing Projects (PPR), and those scheduled for completion this year will be taken over by Syarikat Perumahan Negara Berhad (SPNB), said Housing and Local Government Minister Datuk Zuraida Kamaruddin. The move, she said, was