The survey also revealed that 14% of the respondents anticipated buying hotel assets within the next two years.
Sunway Property plans to build exclusive homes with consideration for new-norm lifestyles comprising townhouses and condominiums.
According to CBRE|WTW report, the industrial sector gained traction on the rapid usage of e-commerce, leading to more than RM100 billion worth of investments in 2020 and an improved logistics sector and warehouse demand.
Knight Frank Malaysia executive director of capital markets Allan Sim: With this joint venture, LOGOS is expected to bring in a total foreign direct investment (FDI) in excess of RM1 billion to the state of Selangor
He said that the performance of the residential market is very much dependent on how the economy moves forward.
Spread across 1.6 acres of land at Taman Muhibbah, the 35-storey JRK Convena offers 332 units of serviced apartments with built-up choices ranging from 735 sq ft to 1,050 sq ft. The selling price starts from RM452,000.