Are shoplots losing their charm?
Some feel that brick-and-mortar shops may be going out of fashion, no thanks to the pandemic. Do you agree?
Covid-19: New cluster shutters Marina Bay Sands Casino for two weeks from today
Eleven Covid-19 cases have been linked to the casino, which is owned by Las Vegas Sands Corp
DONE DEAL: Serviced residence at Arcoris Mont'Kiara, Kuala Lumpur
Noteworthy:
● Freehold
● Built-up: 926 sq ft
● Two bedrooms; two bathrooms
● Fully-furnished unit
● Facilities: Swimming pool, wading pool, tennis and badminton courts, gym and more
● Amenities: International schools, shopping facilities such as Plaza Mont’Kiara, 1 Mont’Kiara and Solaris Mont’Kiara
When: May 2021
AmInvestment Bank maintains cautious outlook on property market
The investment bank is taking a neutral stance on the sector outlook as the local property market has been languishing over the last five to six years, since hitting an upswing in mid-2013.
Italy’s Calibria region will pay new residents RM140,000 to move in
Dubbed the ‘active residency income’, the scheme plans to offer up to €28,000 (about RM139,191) to each person over a maximum of three years. Around €700,000 has been earmarked for this scheme.
Malaysia to lower 2021 GDP growth outlook, likely to about 4%
The government is under pressure as lockdowns are costing the economy about RM1 billion a day with only 10% of the population fully vaccinated.
Grab co-founder purchases S$40m bungalow near Holland Village
The home is located in District 10 or the Bin Tong Park area
DONE DEAL: Two 3-storey shopoffices at Ara Damansara, Petaling Jaya, Selangor
Noteworthy:
● Leasehold
● Built-up: 9,600 sq ft
● Land area: 3,600 sq ft
● Unfurnished
● Accessible via major highways such as New Klang Valley Expressway (NKVE), Federal Highway, Damansara-Puchong Highway (LDP), Shah Alam Expressway (KESAS) and more
When: April 2021
Late delivery of property: Country Garden Danga Bay loses appeal
The Court of Appeal, on July 6, ruled that there was no misdirection by High Court judge Datuk Nordin Hassan in dismissing the judicial review.
