Daily Industry News Update (1 July 2021)

INDUSTRY NEWS (1 JULY 2021)

Residential rental market to improve on better demand

HSBC Group believes Malaysia is uniquely placed to bounce back from the impact of the Covid-19 pandemic despite recent challenges that have restrained domestic growth. HSBC Holdings plc co-head of Asian economics research, Frederic Neumann, said despite the World

Jiankun to benefit significantly as property demand makes a comeback

Property developer Jiankun International Bhd is upbeat on its outlook for the real estate sector as it believes that the worst is over. The group expects to ride on the stronger demand ahead, driven by a better economic outlook and the record-low interest rate environment.

2 areas with positive growth in Johor last year

It is difficult to accurately project the returns of a property investment. The property market is heavily dependent on the economy, so a significant shake-up like a pandemic is bound to leave its mark. It could be assumed that asking prices are lower than usual and, therefore, it is

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