Daily Industry News Update (27 January 2022)

INDUSTRY NEWS (27 January 2022)

Nawawi Tie Leung: Major transactions in investment for 2021 increased by 117% compared with 2020

Total property investment sales in the fourth quarter of 2021 (4Q21) decreased by 51% compared with 3Q21, however, 2021 saw a 117% increase in total major transactions compared with 2020, according to Nawawi Tie Leung Property Consultants Sdn Bhd 4Q21 report headlined “Gradual recovery on the back of positive economic outlook”.

Astaka Padu and Straits Perkasa Services sign MoU to develop RM160m project in Johor Baru

Astaka Holdings Ltd, through its subsidiary Astaka Padu Sdn Bhd, has entered into a non-binding memorandum of understanding (MoU)