News by Chelsea J. Lim

Noteworthy:
● Leasehold
● Built up: 5,280 sq ft
● Land size: 1,760 sq ft
● Six bathrooms
● Easy accessible via Middle Ring Road 2 (MRR2), Jalan Tun Razak (via Bulatan Pahang) and the Duta-Ulu Kelang Expressway (DUKE)

When: Jan 2021

This year’s Awards attracted more than 40 submissions. This is no mean feat given the challenges from the Covid-19 pandemic.

The estate centres around a town square with a church which was converted into a guest house, while a former confessional is now a wardrobe. There is also a restaurant named Chez Marceline with a fully-equipped kitchen, a laundry building and a garage.

With an estimated gross development value (GDV) of RM72 million, the first phase of Primrose comprises 123 double-storey terraced houses with land area measuring 20ft by 60ft and a built-up ranging between 1,560 sq ft and 2,288 sq ft.

Noteworthy:
● Leasehold
● Built-up: 4,750 sq ft; Land size: 10,635 sq ft
● Semi-furnished
● Five bedrooms; four bathrooms
● Amenities: Subang Jaya Airport, shopping mall
● Accessibility: Guthrie Highway, New Klang Valley Expressway (NKVE), Jalan Sungai Buloh-Shah Alam, Persiaran Mokhtar Dahari

When: November 2020

Until herd immunity is achieved, there is not much that hotels can do except to continue its current marketing campaign, such as hotel workcation packages and extending F&B services or other services to the public, says Rahim & Co International Property Consultants CEO Siva Shanker

In a report by CBRE | WTW, such hotels have been dealing with significantly lower Average Room Rates (ARR) and Average Occupancy Rates (AOR) from the first Movement Control Order (MCO) which began on March 18, 2020.

Beyond our shores, it goes without saying the hotel industry is similarly in deep water as it is a sector that relies heavily on foreign travellers as its main income source.

Malaysian Association of Hotels (MAH) CEO Yap Lip Seng expects that without government assistance, the extension of the travel ban would cause another 10% to 20% of hotel closures with more employees losing their jobs.