CLICK TO ENLARGE
WHILE the Covid-19 pandemic has shaken up the investment plans of property developers over the last year-and-a-half, the outlook of certain subsectors remains resilient and continue to attract focus.
In a survey by Knight Frank on the investment outlook for Malaysia, it points out that a majority of developers and lenders have existing exposure to the retail market as well as the hotel/leisure segments.
These sub-sectors have been hard-hit by the Covid-19 pandemic.
Amid the prolonged pandemic, Knight Frank Malaysia managing director Sarkunan Subramaniam says the hospitality industry continues to bleed due to international travel bans, interstate travel restrictions and cancellation of major events.
...