EdgeProp.my has recorded 407 listings in Wangsa Maju with the average asking rental ranging between RM1.20 psf (or RM900 a month) and RM2.71 psf (or RM3,665 a month).

Wangsa Maju residential property prices have been fluctuating over the years (from 2012 to 3Q2020), especially for the landed property segment. For instance, the average price for bungalows surged to RM812 psf in 9M2020, from RM723 in 2019.

From complete amenities to good connectivity

Despite the dropping student population, realtors still believe in the potential of Wangsa Maju and Setapak

Without a doubt, the rental market in Wangsa Maju and Setapak has been badly hit from last year.

The bilateral rail transportation is expected to be a game changer for Malaysia and Singapore as it will serve as the fastest option for travellers to cross the Straits of Johor and reach Bukit Chagar in Johor from Woodlands North station within five minutes.

Why is this decision so important? And how could this protect the rights of property buyers?

Until herd immunity is achieved, there is not much that hotels can do except to continue its current marketing campaign, such as hotel workcation packages and extending F&B services or other services to the public, says Rahim & Co International Property Consultants CEO Siva Shanker

In a report by CBRE | WTW, such hotels have been dealing with significantly lower Average Room Rates (ARR) and Average Occupancy Rates (AOR) from the first Movement Control Order (MCO) which began on March 18, 2020.

Beyond our shores, it goes without saying the hotel industry is similarly in deep water as it is a sector that relies heavily on foreign travellers as its main income source.