Vacant malls and office spaces: Utilise them creatively, says NAPIC

KUALA LUMPUR (Oct 13): Purpose-built offices and shopping malls are seeing an all-time low occupancy rate for the first time in 20 years, hence, operators have to be more creative in utilising the vacant space in the new normal, said  National Property Information Centre (NAPIC) deputy director of inventory Ari Adam.

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PEPS: Govt should buy overhang units and turn them to affordable housing

KUALA LUMPUR (Oct 13): The Government should consider purchasing and repurposing the overhang properties in matured areas and turn them into affordable housing to address two issues at one go, said the president of the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector of Malaysia (PEPS), Michael Kong (pictured).

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