News by Chin Wai Lun

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).

Noteworthy:
● Freehold
● Built-up: 5,000 sq ft; land size: 3,200 sq ft
● 5 bedrooms; 5 bathrooms
● Semi-furnished and extended unit
● Facilities: 24-hour security and playground
● Nearby amenities: Schools, surau, restaurants, shopping malls and hypermarkets, Gombak LRT station
● Accessible via MRR2, DUKE and Jalan Gombak

When: June 2020

MIEA president Lim Boon Ping expected the Budget to provide further property market stimulating measures and extension of incentives to the secondary market.

The developer also lauded the government's decision to provide Rent-to-Own (RtO) schemes for those eligible under the 1Malaysia People’s Housing Scheme (PR1MA).

With Budget 2021 set to be even bigger, what can we expect from the mother of all Budgets this year?

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.

Noteworthy:
● Freehold
● Built-up: 1,548 sq ft
● 3 bedrooms, 3 bathrooms
● Unfurnished
● Low floor
● Facilities:  50m lap pool, wading pool, Jacuzzi, cabana, Star Deck, sandy volleyball court
● Nearby amenities: Mont’Kiara International School, Publika Shopping Gallery, Solaris Dutamas, Solaris Mont’Kiara, 1 Mont’Kiara, Plaza Damas
● Accessible via: North-South Expressway, Penchala Link and Kerinchi Link

When: August 2020

Sunway Onsen Suites is part of a 31-acre integrated development comprising residential, commercial, retail, leisure, healthcare, hospitality and education.

Fateh said the company has been in talks with two parties (one local and one international) on data centres.

Fateh said it is rather unfortunate for the MM2H programme to be suspended as it brought in foreign property investments.