Asia Pacific commercial real estate investment volumes rise 3% in 4Q2023, says JLL

Yulia Nikulicheva, Head of Research & Consultancy, JLL Malaysia noted that investors in Malaysia also initially adopted a cautious approach towards real estate at the beginning of the year, however “towards the end of the year, investment activity picked up significantly, surpassing both the volumes and number of transactions seen in the previous year”.

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HBA applauds Pemudah’s efforts towards cutting down bureaucratic red tape

The National House Buyers Association (HBA) acknowledges the challenges faced by Economy Minister Rafizi Ramli in implementing the NDFB, which will entail the Government’s commitment in resolving issues to improve the business environment by addressing structural and situational challenges especially when dealing with bureaucratic red tape, inefficient regulations and undue regulatory burden faced by investors and businesses in Malaysia The Government, through the Special Task Force to Facilitate Business (Pemudah) platform, is drafting a document entitled “New Deal for Business” (NDFB) to boost business confidence, stimulate economic growth and drive national digital transformation, reported the Business Insider recently.

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