Daily Industry News Update (3 February 2021)


Choong Kai Wai and Koe Peng Kang to helm SP Setia, effective Oct 1

S P Setia Bhd CEO Datuk Khor Chap Jen and deputy president and COO Datuk Wong Tuck Wai will be retiring by the end of September 2021, the company has appointed Datuk Choong Kai Wai to succeed Khor and Datuk Koe Peng Kang to succeed Wong effective Oct 1, 2021.

Tread carefully on proposed rent control law, govt told

Property experts say a proposed law that will stop landlords from raising rentals indiscriminately should only apply to certain situations as it can distort the market. Housing and Local Government Minister Zuraida Kamaruddin has said the Residential Tenancy Act

WFH not influencing property buys

The trend of buying properties on the outskirts of towns and cities is not new and the current uptick in sales may be influenced by factors other than the work-fromhome (WFH) concept, property experts said. President of the Association of Valuers and Property Consultants in

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