Glomac to launch final residential phase in Saujana Perdana township
The leasehold development carries a gross development value of RM80.2 million and is slated for completion by the first quarter of 2023.
DONE DEAL: Condo at Five Stones, Petaling Jaya, Selangor
Noteworthy:
● Freehold
● Built-up: 2,381 sq ft
● Five bedrooms; five bathrooms
● Semi-furnished unit with private lift
● Facilities: Function hall, gym, basketball and badminton court, swimming pool, and children playground
● Amenities: Shopping malls, grocery stores, colleges, international school, morning market, commercial hub and hospital
When: September 2020
Choong Kai Wai and Koe Peng Kang to helm SP Setia, effective Oct 1
S P Setia Bhd CEO Datuk Khor Chap Jen and deputy president and COO Datuk Wong Tuck Wai will be retiring by the end of September 2021
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Millennials missing the experience
“JLL believes that the office is here to stay, but its format and functions may change significantly.”
Rising awareness on healthier workplaces
Malaysian Institute of Architects president Datuk Ezumi Harzani Ismail: More and more buildings provide outdoor spaces for unwinding and self-healing, which reflects the rising awareness of good mental health in the workplace
New X factors in office requirements
A recent survey by JLL Property Services (Malaysia) Sdn Bhd indicates that office space remains as a place for collaboration, innovation, social interaction, as well as engagement with colleagues, clients and other stakeholders.
Re-planning office space under the new norm
Malaysian Institute of Architects president Datuk Ezumi Harzani Ismail believes the Covid-19 pandemic will surely make some difference in the future office design trend. However, the re-design and arrangement of the office space solely due to the pandemic is very insignificant at the moment.
DONE DEAL: Two villa units, The Edge of U-Thant, Ampang Hilir, Kuala Lumpur
Noteworthy:
● Freehold
● Land size: 3,000 sq ft (1,500 sq ft each)
● Built-up: 9,000 sq ft (4,500 sq ft each)
● 5 bedrooms; 5 bathrooms each
● Each unit comes with basement car park bays and private lift
● One of the units comes with private pool
● Amenities: Embassies, international schools, golf club, shopping malls, restaurants and hospitals
When: November 2020
Does the Covid-19 Act help contractors?
While MBAM deputy president Oliver Wee Hiang Chyn welcomes the move as it benefits the industry as a whole, he pointed out contractors need more attention and help.
Post-pandemic: What could fuel economic recovery
Rehda president Datuk Soam Heng Choon: When the economy moves, people will have more income and are more willing to buy property, so that we (developers) can provide more jobs. Because of the political overhang, the economy is not moving and foreign investors are not coming in.
