Completed in 2018, the 33,700 sq ft residence that accommodates supermarket tycoon Lim Hock Leng’s four children and his parents even comes with a 30m swimming pool and a formal dining area with a big round marble table that could seat at least 15 people.

Lagenda Properties, group managing director, Datuk Jimmy Doh: We built houses based on demand and affordability. At the same time, the business must still be profitable

Perak-based developer Lagenda Properties has gone against the herd by deliberately turning away from the higher-end homes.

The National House Buyers Association (HBA) has time and again reminded the housing minister and those under the ministry’s charge on the need to rein in the conduct of those so-called court-appointed officers, namely liquidators.

While landed homes are investors’ darlings, there will always be a market for the more affordable high-rise units.

Ara Damansara: The red-hot demand for bungalows and semidees here are not limited to buyers. Tenants are also on the prowl.

Since its enactment in 2015, there has not been any news of developers being prosecuted under this new Section, although cases of abandonment abound. Enforcement is still the key on whether the law is effective in protecting property buyers.

It is interesting how the 64-year-old founder, managing director and group chief executive of Mah Sing Group Bhd staves off challenges. Tending to go on the offensive, he would not hesitate to disrupt the market to dash to the finishing line in the shortest possible time.

"We are confident of meeting our property sales target and are committed to continue delivering commendable results via our property, plastics and healthcare divisions... As the market gradually returns to its growth momentum, I expect next year we will be seeing a strong rebound for the property market," says Leong.

While diversifying into the glove manufacturing industry, Leong says he will not give up his property development business as it still serves as the Group’s core business, contributing 89% to the group’s profit before tax in 2020. The remaining 11% came from plastic manufacturing (10%) and investment holdings and other businesses (1%).