INDUSTRY NEWS (8 April 2021)
Property index climbs to 1-year high despite weak sentiments
Bursa Malaysia’s Property Index extended gains into a third consecutive session yesterday, with the index climbing to a new one-year high of 788.15 points, although sentiments on the property market remain weak. The index has been making steady gains since the end of last
Digital Building Ecosystem (1/13): Property Management in a New Era
Property management is the daily oversight of residential, commercial, or industrial real estate contracted to a third-party company by the property developers or building owners. Generally, property managers take responsibility for day-to-day repairs and ongoing
More empty malls — lowest occupancy rate in 17 years
Malaysia’s shopping mall occupancy rate declined for a fifth straight year, falling to 77.5% in 2020, its lowest since 2003, as retailers continue to be hammered by movement restrictions brought upon by the Covid-19 pandemic. Data by the National Property Information Centre
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