“The unhealthy practice of liquidators imposing exorbitant administrative fees up to 2% or 3% of the purchase price (or in some cases, current market value of the properties) for executing the transfer of individual titles to purchasers has now become a norm.”
Knight Frank (Greater China) director and head of research and consultancy Martin Wong: On the back of the huge pent-up travel demand in the post-Covid-19 era, coupled with the strong potential demand for both leisure and business travel generated by the Greater Bay Area initiative, the longer-term prospects for tourism in the Greater China region remain positive
“Moving forward, Berjaya Land will be unveiling more affordable housing projects that cater to the mass market. There are 250,000 people who are looking for affordable homes.”
Berjaya Land is working towards an exciting close to 2021. Behind the scene, the team is working to accelerate penetration into both the affordable and high-end spectrums of the property development market.
House 16, owned by internationally-acclaimed landscape architect and garden designer Inch Lim of Inchscape Design, is a breathtaking and magical transforming of spaces illuminated by natural lighting and intimately shared with foliage.
The 65-year-old chieftain is the father of KIP REIT director Alex Chew Kheng Kai.
Knight Frank Malaysia managing director Sarkunan Subramaniam: The severe disruptions to supply chains globally which revolutionised e-commerce services, continues to drive the logistics sector whilst the critical need for good medical and healthcare support amid the pandemic coupled with attractive tax incentives is expected to see growth in the healthcare sector
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
Sunway Property’s managing director Sarena Cheah: In Malaysia, we can see that well-priced products in good locations are still attracting genuine interest from new home buyers
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.
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