Daily Industry News Update (27 April 2022)

Vacancy rates for malls, office spaces increasing – Napic report

Occupancy rates for purpose-built office and retail spaces are dropping even though the supply has increased in 2021, according to the National Property Information Centre (Napic) report for 2021.

Country Heights plans RM250m capex for omnichannel business with China’s JD.com

Country Heights Holdings Bhd (CHHB) intends to invest about RM250 million in capital expenditure (capex) for the next five years following its partnership with

You can now buy a home as an NFT

Real-world real estate in NFT form? That’s right, forget the craze for buying virtual real estate in the metaverse, now it is the purchase of bricks-and-mortar properties through non-fungible tokens that is starting to emerge.