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”
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”
Some feel that brick-and-mortar shops may be going out of fashion, no thanks to the pandemic. Do you agree?
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.
“I have come to realise that conscience is gravely lacking in many parts of the world. Conscience, simply put, is doing the right thing because it is the right thing to do. Right is right, wrong is wrong – nothing else. This can only come from your moral compass!”
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.
“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.”
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
“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.
“In designing the houses for the young homebuyers, it’s not just about reducing the price, but also designing houses that suit their needs, from layout to infrastructure and amenities within the township.”