News by Rachel Chew

Covid-19大流行让许多分层地契产业和商业产业业主意识到，正规的产业管理和物业维护，以及充裕的管理基金在这些突发事件发生时，尤为重要。

Sold for: RM450,000 (RM404 psf); Concluded by: John Oh Ewe Hock (REN 07002) (012-298 6266) of Oriental Real Estate Sdn Bhd; Date: May 2020

Bank Negara Malaysia: In recognition of these exceptional circumstances, the flexibilities provided to borrowers during this period will not appear in the CCRIS reports of borrowers.

Hap Seng Industrial Hub is a 20-acre mixed industrial and commercial development located in Seksyen 23, Shah Alam, Selangor

While office space is still necessary for most organisations, the resizing measures taken by some companies and reduction in office demand are likely to result in downward pressure on rentals and occupancy rates in the short-term.

The consultancy firm reckoned that there will be heightened risk of loan defaults as unemployment is on the rise and without significant economic improvement.

The integrated facility for HQ Pack has approximately 60,000 sq ft built-up area, comprising a production factory, cleanroom, warehouse and office block.

“We are launching these single-storey shop units because we see more demand now for affordable shops. Hillpark PP10 is the last commercial phase in Hillpark @ Shah Alam North,” said MKH deputy property director Datuk Kenneth Chen.

Flanked on one side by Mont’Kiara, and with the upscale creative mall Publika as its neighbour, Solaris Parq is the latest freehold mixed development by UEM Sunrise Bhd in Dutamas.

The award was on the back of S P Setia’s Setia EcoHill 2 winning the EdgeProp-ILAM Malaysia’s Sustainable Landscape Award 2020 Gold at EdgeProp Malaysia’s Best Managed and Sustainable Property Awards 2020.