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Despite lower revenue, Tropicana's property development and management division still performed strongly and profitably, backed by strong sales and cost savings from projects, the group said.

The improvements including electrical wiring and mechanical work, upgrading air-conditioning systems, structural modifications and replacement of old furniture.

The revised projection also takes into account the latest data which covers the time when the Delta variant broke into the Covid-19 situation, but the World Bank expects an even more heightened recovery for 2022 as corrections will kick in.

“We hope the government will provide additional catalysts to the industry and incentives for home buyers by introducing more property friendly measures in the upcoming Budget 2022. We also hope that the country’s borders will open up soon, with suitable guidelines to enable cross border economic activities to resume, emulating other countries which have successfully re-opened for foreigners," said Mah Sing’s founder and group managing director Tan Sri Leong Hoy Kum.

On Sept 24, High Court Justice Mohamed Zaini Mazlan dismissed Rosmah's application to declare the trial a nullity and found Sri Ram's appointment to prosecute her was proper.

The land is about 30 times the size of the White House and the project would be one of the city’s priciest private developments for decades.

Sarawak topped the list with the most infections with 2,358, down from 2,723 on Monday.

Set up in 1890 to provide not-for-profit transport services, the rail operator has racked up billions in liabilities through money-losing operations. Though the idea of generating income from SRT assets has been around for years, the plans are only now taking shape.

It also added that the rent-to-own programme will be expanded to cover houses priced up to RM500,000, with an option to purchase the property within five years of renting it.