Daily Industry News Update (5 June 2021)

INDUSTRY NEWS (5 JUNE 2021)

As the number of vacant properties grows, what should owners do?

As more residential units are completed each year, property consultants have observed a growing number of unoccupied properties on the secondary market. While there is a lack of specific data on the secondary market, JPPH data shows 142,501 residential properties were

Second Home dream crushed as pandemic puts MM2H in limbo

Peter Hull (not his real name) is from the UK, but he ha s been living in Malaysia for the past 18 years. The 60-somethin g first came to the country on a working visa. The n after two years, He decided to retire here with his wife. It was a n easy decision for the couple. “We

A sluggish quarter for Klang Valley`s residential property market

The residential property market in the Klang Valley is still very soft due to the prolonged impact of the pandemic, economic slowdown and negative sentiment in general, which have led to fewer transactions, says Savills Malaysia director of research and consultancy Amy

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