FY2016 hotel revenue declined 4% y-o-y due to the commencement of guest room refurbishment in the Mandarin Oriental (MO) and lower food and beverage contribution from rebranding of the Sultan Lounge and Casbah.

A relatively new property developer with only three years of history, Eco World Development has been able to sell properties at an unprecedented pace, reflecting property buyers’ confidence in the group’s strong brand name.

The Chinese capital outflow into the UK continues to be on the uptrend with no sign of tapering even after the Brexit vote in June last year where a referendum was conducted to decide if the UK should stay or leave the European Union (EU). The UK voted to leave the EU, raising uncertainties and concerns among investors.

We believe net property income margins will improve once management rebrands and realigns assets.

Kerjaya’s property arm’s Vista Genting, with a gross development value of RM300 million that was launched in early 2016, has achieved a healthy 60% take-up rate.

Some proposed amendments to the Stamp Act 1949, which seek to impose stricter requirements on the stamping of contracts, have caused a stir among property developers who worry that the amendments will push up their cost of doing business.

Malaysia, with its improving infrastructure, average cost of living, diverse cultures and almost natural disaster-free environment, has attracted many foreigners to live here.

There are 12 Chinese Zodiac animal signs in total but the Rooster takes centre stage this coming February of 2017. No matter how different these animals are in physical appearance, when a Lunar New Year takes place, all have a renewed fervour to have a fresh start and endeavour for the best outcomes in areas of health, wealth, relationships and career. There’s just something about the New Year that encourages change, be it big or small.

When it comes to Malaysia’s real estate, there are several pull factors that attract Chinese property buyers.

Key risks include oversupply of new office/industrial spaces; higher debt refinancing rates; rebound in business confidence.