indepth

Will the housing market crash?

Getting out of the downturn this time around could be more difficult as it involves a major public health issue that is the Covid-19 pandemic, which has, together with other economic issues, impacted the economy not just in the country but globally.  Estimations on economic recovery range from months to years, and similarly, the property market would possibly enter into a down cycle before recovering.

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Gamuda Land to improve workplace safety post-MCO

Gamuda Land: All employees are encouraged to closely monitor their health and seek medical attention if they develop flu-like symptoms. The management is also monitoring its employees through a mandatory daily online survey to track employees’ and their family’s or housemate’s health.

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MIPFM: Provide lifeline to SMEs including property management services

MIPFM president Adzman Shah: All companies which are involved in property and facility management services, be it security, cleaning, building services maintenance, operating the management office will be facing difficulty as clients will attempt to reduce operating cost by limiting the headcount onsite, but the companies still have to pay salary and this is a fixed cost to the companies. Most are also labour intensive

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