Daily Industry News Update (11 November 2021)

INDUSTRY NEWS (11 November 2021)

MIEA launches SOP video for real estate agents

THE Malaysian Institute of Estate Agents (MIEA) has launched a video on standard operating procedures (SOP) that should be followed by its practitioners as the sector reopens.

Sentral REIT sees marginal growth in 3Q net profit

SENTRAL REIT’s posted net profit of RM22.1 million for the third quarter ended Sept 30, 2021 (3Q21) compared to RM21.4 million posted in 3Q20

3Q 2021 GDP preview: A temporary setback envisaged

RECENT data releases suggest that Malaysia’s gross domestic product (GDP) may have contracted 3.5% year-on-year (yoy) in 3Q 2021 (+16.1% yoy in 2Q 2021