Data centre classifications are divided into four tiers that match a particular business function and define criteria for maintenance, power, cooling and fault capabilities.

According to JLL Property Services (M) Sdn Bhd’s latest report released on Nov 5, 2020, logistics and data centre markets have accelerated in the Asia-Pacific region and primarily driven up industrial market transactions by 76% year-on-year (y-o-y) in the third quarter of 2020 (3Q20).

Bursa Malaysia chairman Tan Sri Abdul Wahid Omar characterised Budget 2021 as an “expansionary and holistic budget” that is appropriate with current priorities for the rakyat’s wellbeing.

I have a belief. How the Malaysian nation is a brave nation, a strong nation, that when we can agree with each other, we can do extraordinary things. That is why this 2021 Budget is raised as the theme " Resilient As One, Together We Triumph".

Datuk Chang Kim Loong: Members of the public are also forewarned to be careful with any oral promises from any parties to renew lease tenures upon expiry which are not properly documented. The related case study would be the Marble Jade Mansion in Brickfields on issue of “promised” lease extension, but that is another story.

Work-from-hotel packages offer a room or public space within allocated hours for day use only. Typically, guests enjoy complimentary high-speed internet, coffee and tea, plus parking as part of the package. Other additional perks may include discounts on hotel stays, dining and other ancillary services provided by the hotel.

Malaysian Association of Hotels CEO Yap Lip Seng: Hotels are coming up with creative products and services to sustain operations and such work-from-hotel packages are one of those where hotels are making use of their available resources to generate additional revenues.

Repurposing the vacant spaces to generate income

Just when markets were in a rosy mood, the escalating number of Covid-19 positive cases starting in September put everything on halt again with the implementation of a 14-day conditional movement control order (CMCO) in Klang Valley, which has been extended for another 14-days until Nov 9, 2020.

Chris Chong, IOI Properties Group Bhd’s Mall Operations senior general manager: We remain resilient and are prepared to manage our workforce under different scenarios while maintaining efficiency and high service levels to our shoppers, tenants and business associates as the mall remains open throughout this difficult time.