News by Rachel Chew

Starcity Global managing director Florence Ten: Good quality and affordable international school fees have always been the main pull factor, even now at this tough time. Some of them did not feel the urgency to apply for the visa maybe because their children were still young, so the application could wait. But so many things have happened recently in Hong Kong, which have pushed them to make a decision earlier.

“Following the success of our Aurora Melbourne Central and Conservatory projects, the acquisition of the landmark Collingwood site signals a new chapter in Melbourne for UEM Sunrise and continues our active presence in the Australian market,” said UEM Sunrise managing Director and CEO Anwar Syahrin Abdul Ajib.

The Covid-19 pandemic has called for a rethinking and reimagining of the workspace and culture

There will also be stamp duty exemptions

Sold for: RM3.4 million (RM852 psf); Concluded by: Carol Tong (REN 34423) (014-683 2968) of Kith and Kin Realty Sdn Bhd; When: January 2020

Chur Associates founder and managing partner Chris Tan: If you want the authority to exercise discretion, you have to be reasonable. If you are supposed to renew certificates within the MCO (Movement Control Order) period but you can’t do it, you need to show you had tried to do so and have the evidence to prove that for instance you contacted the authority via phone call, email or registered post.

One may be able to negotiate the rental of a space and save on rent but on the other hand, F&B players are now forced to rely and spend on delivery services.

For the property industry, like most sectors which were considered non-essential, business came to almost a standstill during the full MCO period. If not for the Covid-19 outbreak, the 2019 market performance could have indicated a light at the end of the tunnel for a property market which has been in a slowdown since 2015/16.

Some of the notable developers in Bangi are IOI Group, Sunway Group, MKH Bhd, Mah Sing Group and UEM Sunrise Bhd.

To provide a much needed boost to the property sector in light of the current downturn amid the Covid-19 pandemic.