News by Rachel Chew

A recent survey by JLL Property Services (Malaysia) Sdn Bhd indicates that office space remains as a place for collaboration, innovation, social interaction, as well as engagement with colleagues, clients and other stakeholders.

Malaysian Institute of Architects president Datuk Ezumi Harzani Ismail believes the Covid-19 pandemic will surely make some difference in the future office design trend. However, the re-design and arrangement of the office space solely due to the pandemic is very insignificant at the moment.

Noteworthy:
● Freehold
● Land size: 3,000 sq ft (1,500 sq ft each)
● Built-up: 9,000 sq ft (4,500 sq ft each)
● 5 bedrooms; 5 bathrooms each
● Each unit comes with basement car park bays and private lift
● One of the units comes with private pool
● Amenities: Embassies, international schools, golf club, shopping malls, restaurants and hospitals

When: November 2020

While MBAM deputy president Oliver Wee Hiang Chyn welcomes the move as it benefits the industry as a whole, he pointed out contractors need more attention and help.

Rehda president Datuk Soam Heng Choon: When the economy moves, people will have more income and are more willing to buy property, so that we (developers) can provide more jobs. Because of the political overhang, the economy is not moving and foreign investors are not coming in.

As most retailers are categorised under non-essential industry, they have no permission from authorities to operate.

The building and development industry is among the many hard-hit sectors, but gritting their teeth through it, its key stakeholders concur MCO 2.0 is necessary.

Noteworthy:
● Leasehold
● Land size: 0.48 ha (around 51,667 sq ft)
● Located at 2,000 ft above sea level
● 35km to Kuala Lumpur and 27km to Gombak Toll Plaza; easy access via MRR2 and Karak Highway

When: November 2020

Real Estate and Housing Developers Association Malaysia (Rehda) Malaysia president Datuk Soam Heng Choon: All developers want a quick sale so that they can pay the contractors and so on to move the business

Noteworthy:
● Leasehold
● Built-up: 1,345 sq ft
● 3 bedrooms; 2 bathrooms
● Semi-furnished
● Low floor unit with spacious square balcony
● Facilities: BBQ area, gymnasium, playground, squash and tennis court, swimming pool, landscaped garden
● Amenities: Restaurants, banks, fast-food outlets, schools, entertainment outlets and shopping malls
● Accessible via Federal Highway, SPRINT Highway and New Pantai Expressway

When: October 2020