Developers mixing it up

TheStar Sat, Jan 18, 2020 11:30am - 4 years View Original


Developments such as Lake City KL North incorporate design features that facilitate short-term renting, says CBRE | WTW.

WITH 2020 perceived to be another challenging year, property developers are going to need to change and mix things up if they want to continue raking in good profits.

At a media briefing earlier this week, CBRE | WTW managing director Foo Gee Jen said gone are the days when developers look for large tracts of land to build township developments.

“We see more developers focusing on pockets of land working on boutique developments, ” he says at the launch of the firm’s Real Estate Market Outlook Report 2020.

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