News by Rachel Chew

HC Chan, CEO of Sunway Malls & Theme Parks: Overall, the long-term outlook of the industry will remain healthy, resilient and robust albeit in a very different business model.

Despite the negative news, mall operators have remained calm and seen the current slow time as an opportunity for them to restrategise for future needs.

Henry Butcher Retail managing director Tan Hai Hsin believes that the shopping traffic will return gradually after the end of the second CMCO, when Malaysians get used to the current SOPs as the new normal.

Indeed, CMCO has restricted people’s movement, causing fewer people to visit the malls, but the main deterrent now is actually people’s qualms of malls’ safety, especially since the majority of the shopping malls have reported Covid-19 positive cases since end- September.

Noteworthy:
● Freehold
● Land size: 5,747 sq ft; built-up: 6,500 sq ft
● 7 bedrooms; 6 bathrooms
● Semi-furnished modern design bungalow
● Amenities: Close to Desa Sri Hartamas commercial hub, offices, hospital, international school, grocery stores, shopping malls, banks and F&B outlets
● Accessible via several highways such as SPRINT Highway and Penchala Link; Semantan MRT station is just 1.5km away

When: June 2020

Noteworthy:
●Built-up: 2,702 sq ft
●5-bedroom; 6-bathroom
●Freehold
●Unfurnished mid-floor unit
●Facilities: Two swimming pools, gym, library, game room, herb garden and basketball court
●Amenities: Shopping malls, international schools, clinics and medical centre, eateries and convenience stores
●Easy accessibility via SPRINT Highway, Jalan Duta-Sungai Buloh Highway, Duta-Ulu Klang Expressway (DUKE) and North-South Expressway

When: June 2020

Master Builders Association Malaysia president Foo Chek Lee said the Act came “too late” and did not resolve two key issues faced by contractors.

HBA secretary-general Datuk Chang Kim Loong said the association has warned the government that delays in passing the proposed law would be fatal to parties affected by the movement control order and continuous effects of Covid-19

Gamuda Land CEO Ngan Chee Meng: Our primary goal was to create a space for customer engagement without having to physically be on the project site. Gone are the days when customers have to look at 2D floor plans. Now they can walk into their future home and check out its surrounding environment, before it's built. 

Dubbed Artis, the residential project is a joint venture project between Crown Group and Melbourne based developer G3 Project. It has a gross development value of A$3 billion (RM8.75 billion).