News by Tan Ai Leng

The prolonged lockdown also led developers to rethink their strategies in marketing and product offerings

“For now, the priority is to review and relook at the things that we have done best. KLCCP Stapled Group has a list of premium properties in prime locations, such as Petronas Twin Towers and Menara 3. These two properties have 100% occupancy rate and have recently secured extended triple net leases (TNL) for another 15 years.”

While bad times are inevitable for all segments in the real estate industry, CEO of KLCCP Stapled Group Md. Shah Mahmood chooses to stay positive and to look at things that they can do to improve the conditions of the buildings and be prepared for the recovery path. “Eventually the borders will reopen and people will be able to travel again. We have to make sure our buildings are safe to welcome their return.”

“Moving forward, Berjaya Land will be unveiling more affordable housing projects that cater to the mass market. There are 250,000 people who are looking for affordable homes.”

Berjaya Land is working towards an exciting close to 2021. Behind the scene, the team is working to accelerate penetration into both the affordable and high-end spectrums of the property development market.

Old houses might have problems that are not obvious to those not technically-trained and these would include issues with the structure, plumbing and wiring.

There are two options before you: An old property located in a matured area, or buy a new property in an upcoming township that promises an array of exciting lifestyle offerings.

UEM Sunrise acquired three parcels of prime land in Section 13, Petaling Jaya (PJ), Selangor on Jalan Professor Khoo Kay Kim for RM200 million back in March this year, with plans to build a RM1.3 billion mixed-use development there

UEM Sunrise Bhd CEO Sufian Abdullah: Even the most experienced person running an organisation would call this a real baptism of fire and even a once-in-a-lifetime test

Location is Cheras’ biggest advantage as the KL portion of Cheras is about 6km from the KL city centre. It also offers various housing choices that meet different buyers’ needs and budgets.