Daily Industry News Update (6 July 2021)

INDUSTRY NEWS (6 JULY 2021)

Poor enforcement the problem, not laws; house buyer group tells Zuraida

The National House Buyers Association (HBA) lashed out at the Housing and Local Government Ministry for trying to absolve itself from the growing problem of errant developers abandoning their projects midway. “Every minister that takes over the portfolio

Cover Story: Tackling residential rental market woes

Property investors buy residential properties for various reasons. Some do it to get passive income from rental. But is Malaysia’s residential rental market a sustainable and robust one? Several property experts, including a real estate negotiator and property lawyer, weigh in on

Property sector could see 38% y-o-y increase in 2021 earnings from low base — UOB Kay Hian

The Malaysian property sector is expected to see its earnings recover 38% year-on-year (y-o-y) in 2021 from a low base, with digitalisation efforts cushioning the impact of the various lockdowns implemented this year, according to UOB Kay Hian. In a note, analyst Chloe Tan

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