In Depth

Market recovery thrown off by Covid-19

For the property industry, like most sectors which were considered non-essential, business came to almost a standstill during the full MCO period. If not for the Covid-19 outbreak, the 2019 market performance could have indicated a light at the end of the tunnel for a property market which has been in a slowdown since 2015/16.

Bangi's gaining ground

Some of the notable developers in Bangi are IOI Group, Sunway Group, MKH Bhd, Mah Sing Group and UEM Sunrise Bhd.

Exclusive deals for Gamuda Gardens' homes on Shopee

In conjunction with this campaign, buyers can enjoy special deals such as a low booking fee of just RM388 via Shopee. To top off the deal, buyers will also be credited with up to RM8,000 worth of Shopee vouchers following successful execution of the Sale & Purchase Agreement. (Branded content)

Hotel closures and layoffs inevitable

Malaysian Association of Hotels (MAH) chief executive officer Yap Lip Seng: Based on the current situation, we are estimating up to 30% closures over six months (from when the MCO began on March 18) either permanently or temporarily.

How is this crisis different?

At the EdgeProp.my Facebook Live Fireside Chat on April 17 titled “Will the Malaysian Property Sector Survive this Mother of All Crises?”, three industry veterans provided some clarity on what property buyers and investors should expect as they discussed the current pains plaguing the industry.