It is worth noting that Malaysia is even behind some Asian countries often presumed to have smaller dwelling units, such as Japan (379 sq ft), Taiwan (370 sq ft) and South Korea (357.4 sq ft).

So what’s driving the demand and rental of PJ office spaces? Industry experts who spoke to EdgeProp.my attributes the success of the market to several factors, namely the limited office space supply, the affordable rents for good building quality, proximity to a good talent pool of workers and easy access to public transport.

It is believed that if there are enough IBS manufacturers with a proven track record and experience, the property development industry will have greater impetus to adopt the system. One IBS player that hopes to provide affordable IBS solutions is Acotec Sdn Bhd, a member of OSK Group.

Bordered by Kedah to the north and Perak to the south, the 751 sq km  Seberang Perai boasts a number of new and major development projects that have and will continue to boost the local economy.

We do not see much room for housing loan growth given the existing low interest rate environment, limited buyer’s affordability and possible interest rate hike.

PublicInvest Research: Maintain outperform with an unchanged target price of 46 sen

The economy may be slowing but a recession is not in the horizon.

Group plans to tender for over RM2 billion worth of contracts there

“In the near future, our home planet earth may suffer further decline and shortage of natural resources.”

“This is the best time to pick up bargains as property is a long-term investment and the market will eventually recover. Look for properties which are well connected, and located in a neighbourhood with good access to amenities.”