Daily Industry News Update (4 March 2022)

INDUSTRY NEWS (4 March 2022)

A flattish outlook for real estate sector despite strong loan recovery in 2021

AT a glance, a recovery in property demand seems to be certain as a 2021 data by Bank Negara Malaysia (BNM) points to total loan applied for property purchase having recovered strongly to RM441 bil or 31.8% year-on-year (yoy) from RM334.8 mil in 2020.

Co-working spaces may solve unsold and unoccupied office properties issues

DESPITE 2022 promising economic recovery for Malaysia, the office property sector continues to face risk of inoccupancy. Combined with the recent

Fundamental outlook and key events to watch out for in the rest of 1Q 2022

AMID the heightened geopolitical risk coupled with the Omicron-driven COVID-19 resurgence, it comes as no surprise that Bank Negara Malaysia’s (BNM) Monetary Policy Committee