Bank Negara: Most Malaysians can 'tahan' drastic income and housing price falls
"These can be attributed to generally prudent loan affordability standards applied by banks when extending loans to households."
BNM: Malaysian house prices remain seriously unaffordable
...due to a pronounced and prolonged mismatch between demand and supply.
The do's for property managers during MCO
Essential services, which include supply of utilities, cleaning, security, sewerage, mechanical and electrical, must not be disrupted.
Hence, industry stakeholders must be adequately armed with proactive measures to keep the risk of virus exposure to a minimum, especially in premises such as shopping malls and office buildings where the public will access for essential services.
Offices and malls remain in oversupply, pressure on vacancy and rental rates
"It is estimated that 5.5 million sq ft of office space will be completed each year until 2021, far exceeding the average annual demand of 2.3 million sq ft per annum over the past three years."
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Knight Frank: Logistics outlook bright amid COVID-19 crisis
The real estate firm expects lower activity in leasing and investment of commercial office space as both local and multinational companies delay or put on hold their real estate decisions.
Expect more auction properties as economy weakens
Knight Frank Malaysia managing director Sarkunan Subramaniam: It may be timely to waive property taxes such as quit rent and assessment for the second half of 2020.
MIEA: RPGT should be zeroized till the end of the year
This will help reduce losses of property sellers who are facing a demand from buyers to reduce prices in light of the economic downturn and the impact of the current Covid-19 pandemic, said MIEA.
Future-proofing the coatings industry
The shift in consumers’ mindset reaffirms the congruity for retailers and companies to break away from the traditional brick-and-mortar business model and embrace digital disruption.
