Daily Industry News Update (27 March 2021)

INDUSTRY NEWS (27 MARCH 2021)

Muhyiddin: Govt committed to providing affordable housing despite facing rising property values

The Perikatan Nasional (PN) government is committed to providing comfortable and affordable housing to bottom 40% income group (B40) and urban poor groups, especially in rapidly developing areas, even though the government is faced with the challenge of rising

Developers in for re-rating

Renewed strategies brought on by the Covid19 pandemic and improved optimism from the mass vaccination programme have developers projecting stronger sales performances for 2021. Over the past month, following the announcement of various developers’ 2020

How the Covid-19 pandemic has affected foreign developers in Johor

It is no secret that mega develop­ments by foreign developers, particularly from China, were sprouting up in Johor prior to the Covid-19 pandemic. Notable projects include Chinese developer Country Garden’s Danga Bay and Forest City in Iskandar Malaysia. More recently,

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