In Depth

Covid-19 – A modular solution for healthcare centres

Solid Horizon managing director James Yeoh: The mobile ICU can be set up within three days. It has the ability to expand, be reused, relocated and to serve as a pandemic recovery building. It is a more sustainable alternative to permanent structures

SS2 – not all is lost despite lockdown

Despite the Covid-19 taking its toll on some establishments though, with banners seeking for rentals hung on several units, the SS2 district in Petaling Jaya, Selangor has not appeared to lose its “liveliness”

No free lunch in loan moratorium

Datuk Chang Kim Loong: One thing is certain though, similar to the 2020 moratorium, the 2021 one does not reduce borrowers’ lending costs as it is not interest-free. Hence, interests will continue to be charged during the moratorium period, and ultimately, borrowers will end up paying more to the banks when the moratorium period ends.

Integrity a ‘lonely journey’ for Sim Choo Kheng

Sim Leisure Group Ltd founder and chief executive Sim Choo Kheng minces no words in stating his stand against any form of corruption, big or small. The 55-year-old Penangite declares integrity was, is and will remain the cornerstone of all his business decisions and executions.

Liquidators making fortune from homebuyers’ misfortune

“The unhealthy practice of liquidators imposing exorbitant administrative fees up to 2% or 3% of the purchase price (or in some cases, current market value of the properties) for executing the transfer of individual titles to purchasers has now become a norm.”

Greater China’s hotel sector sees cautious optimistic outlook in 2021

Knight Frank (Greater China) director and head of research and consultancy Martin Wong: On the back of the huge pent-up travel demand in the post-Covid-19 era, coupled with the strong potential demand for both leisure and business travel generated by the Greater Bay Area initiative, the longer-term prospects for tourism in the Greater China region remain positive

Berjaya Land readies for the next rebound

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.