Evolve from physical to virtual
“The pandemic has accelerated the use of technology in the operation of auction houses.”
Foreclosure properties: It’s a buyer’s market
A check with auction houses show that indeed, prices on the foreclosure market have slumped to as much as 30% to 40% below market value.
Knight Frank: 50% of hospitality players stay positive on next 12 months
The survey also revealed that 14% of the respondents anticipated buying hotel assets within the next two years.
Sunway Property buys Cheras land to build new-norm lifestyle homes
Sunway Property plans to build exclusive homes with consideration for new-norm lifestyles comprising townhouses and condominiums.
Industrial sector continues to be the bright spot for 2021 - CBRE | WTW
According to CBRE|WTW report, the industrial sector gained traction on the rapid usage of e-commerce, leading to more than RM100 billion worth of investments in 2020 and an improved logistics sector and warehouse demand.
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LOGOS' first venture in Malaysia to deliver the largest logistics hub in Asia
Knight Frank Malaysia executive director of capital markets Allan Sim: With this joint venture, LOGOS is expected to bring in a total foreign direct investment (FDI) in excess of RM1 billion to the state of Selangor
Knight Frank: Recent spike in Covid-19 cases may derail the property market in the short term
He said that the performance of the residential market is very much dependent on how the economy moves forward.
DONE DEAL: Warehouse factory at Klang, Selangor
Noteworthy:
● Built-up: 33,529 sq ft
● Semi-furnished
● Large open yard area at front portion as stacking zone
● Accessible via various highways including the KESAS highway
When: October 2020
