Malaysia's property sector is poised for recovery this year, thanks to the historically low interest rates and pent-up demand, said the research house's analyst Wong Wei Sum
Noteworthy:
● Freehold
● Semi-furnished
● Land size: 1,650 sq ft
● Built-up: 2,000 sq ft
● Four bedrooms; three bathrooms
● Facilities: Guardhouse, parks, jogging pathways
● Amenities: International school, Sime Darby Medical Centre, Subang Airport, Citta Mall, Tesco Ara Damansara, The Oasis Square
● Accessibility: Damansara-Puchong Highway (LDP), Federal Highway, New Klang Valley Expressway (NKVE)
When: April 2021
“Every government is beginning to feel around on how to open up."
On the island of Kauai. They are building a ranch there.
Noteworthy:
● Freehold
● Land size: 1,760 sq ft; Built-up: 2,200 sq ft
● Five bedrooms; four bathrooms
● Refurbished unit
● Facilities: Gated and guarded, jogging track, clubhouse and canal garden
● Amenities: Schools, shopping mall, hospital, commercial area and shoplots
When: March 2021
"It is the last commercial site along the waterfront in Central.”
The survey also found that 81% of the respondents said they might have to close down their business in the next three months due to cashflow problems.
It has brought Credit Suisse on board to advise the deal.
Facilities include a swimming pool, children’s playground, gymnasium and study room.
The financial relief was extended to retail and commercial tenants, particularly small and medium enterprises (SMEs) that were experiencing unprecedented strained cash flows during the various phases of the Movement Control Order (MCO).
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