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Budget 2021: Lack of incentives to attract foreign investors

Dr Yeah Kim Leng: Overall, the expansionary budget aimed at securing the recovery in 2021, it reduces the risk of companies and households having to withdraw fiscal support too early, since the economic recovery of both the domestic economy and global economy are battling numerous downside risks.

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Still winter for Klang Valley mall retailers

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.

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DONE DEAL: Double-storey terraced house, SS15, Subang Jaya, Selangor

Noteworthy:
Land size: 1,650 sq ft; built-up: 2,411 sq ft
● Freehold
● Semi furnished
● 4-bedroom; 3-bathroom
● Nearby amenities: Shopping malls, eateries, commercial area, wet market, Subang Medical Centre, INTI International College Subang, Subang Ria Recreational Park
● Accessible via New Pantai Expressway (NPE), Federal Highway and Damansara-Puchong Expressway (LDP).

When: August 2020

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Rethinking rental models: revenue sharing

For shopping mall operators, especially those located in areas affected by the Conditional Movement Control Order (CMCO) and those which unfortunately have Covid-19 positive cases, it’s even more challenging for them to maintain their business.

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