Daily Industry News Update (30 December 2020)


Year 2020: When the unprecedented became a new normal

If there is an epitaph for 2020 which is coming to a close, it would sound something like this: “Unprecedentedness was everywhere. It reliably eluded comprehension; past and present lenses illuminated the familiar, thus obscuring the original by turning the unprecedented into

Property outlook challenging but bright spots emerge

The outlook for the Malaysian property sector in the next 12 months remains challenging although most developers have achieved their new sales targets, according to AmResearch. It noted that in the first nine months of 2020 (9M’20) sales fell by an estimated 22% compared

Affordable residential launches to drive market

Local property sector’s outlook remains challenging in the next 12 months. AmInvestment Bank Bhd (Am Invest) research analyst Thong Pak Leng said while most developers had achieved their new sales targets, the numbers were lower year-on-year whereby nine-month

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