Daily Industry News Update (7 May 2021)

INDUSTRY NEWS (7 MAY 2021)

Victims of runaway developers face double woes from exploitative liquidators

When a developer is wound up before completion of its duties and contractual obligations, a liquidator fills the void and takes on the duties of the former, such as completing the construction of the buildings or facilities left by the defunct developer, delivering vacant

Property tycoon eyes takeover and revamp of Subang airport

Subang Skypark Sdn Bhd (SSSB), WCT Holdings Bhd’s wholly owned unit is proposing to enter a new concession to operate the entire Sultan Abdul Aziz Shah Airport (Subang airport) area until 2092 – developing it to be a city airport. According to the concept papers sighted by The

High demand for bungalows and semidees

Landed homes have always been the darling of investors, but with uncertainties resulting from the Covid-19 pandemic, one would have expected slower take-ups of the more pricey bungalows and semi-detached homes. Interestingly, this is not the case. At least not at the Ara

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