In a press statement, Malaysia IKEA Southeast Asia country retail director Gerard Jansen said the partnership with Livspace aims to provide an affordable solution for interior design while offering a quality end-to-end service.

In a bourse filing on Thursday (March 17), Vizione said it has entered into a memorandum of understanding (MoU) with HWGE to explore cooperation in the potential venture.

The research house said in a note that it sees heightened prospect of a stagflation in the sector due to the Russia-Ukraine conflict which has driven up global commodity prices amid prolonged supply chain disruptions.

According to the report, the continued political instability caused the forecast for the investment segment in 2022 to be sluggish. Sluggish recovery is also expected for the retail and office sectors, leaving only the residential market for bright recovery thanks to the property-related incentives under Budget 2022.

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In terms of opportunities this year, Foo noted that sectors such as data centres, workers’ accommodation, retirement living, health and wellness living and last mile delivery centres are areas to look at.

In a note on Thursday (Jan 6), its analyst Loong Kok Wen who maintained "neutral" on the sector said that despite an encouraging pickup in demand for property in 2021, she believes the sector is still facing negative headwinds that may hinder the continued recovery in property sales as well as earnings growth.

In a statement on Tuesday (Jan 4), Savills Malaysia shared its top property predictions in 2022 with comments by Khong, Savills Malaysia Deputy Managing Director and Head of Capital Markets Nabeel Hussain, Savills Malaysia Executive Director Marcus Chia, Savills Malaysia Director of Industrial Agency Kevin Goh and Savills Malaysia Director of Retail Services Murli Menon.

In a sector outlook on Wednesday (Dec 22), HLIB Research said job awards could recover, driven by both the private and public sectors.

“To upskill and improve the digital marketing capability of property developers (marketing and sales teams), Rehda Institute will look into developing a suitable DMTI through a certification programme in 2022 partnering with relevant universities and other partners.