The 2024 Guide to the 25 Richest Billionaires in the Real Estate Industry The real estate sector has always been a bastion for the accumulation of wealth, and 2024 is no exception. This year, we've seen dynamic shifts in the market influenced by varying global economic conditions, such as interest rate changes and inflationary pressures. Despite these challenges, the top magnates in real estate have...
Real Estate
Malaysia's Real Estate Professionals Poised for Growth According to Aina Edayu Ahmad, the director of the National Institute of Valuation (INSPEN), the future looks promising for professionals in the fields of valuation, property management, and real estate. This optimism stems from the continuing growth and expanding demands within the real estate market. As of the end of the fourth quarter of 2023, the...
Malaysia's Budget 2024 has set its sights on optimizing subsidies, a move that is poised to have significant implications for the country's real estate sector. According to JLL's Malaysian 2024: Real Estate Key Highlights report, this budget aims to redirect resources towards development expenditure, ultimately supporting the nation's journey to becoming a developed nation. Key Highlights:...
The traditionally robust real estate sector now faces fresh challenges brought about by high interest rates and evolving work patterns, according to Benjamin Tay, Rajah & Tann Singapore LLP's Deputy Head for Corporate Real Estate. To maintain stability and continual growth, investment companies are adopting different strategies. Tay indicates that in these times of market volatility and uncertainty,...
2022 came in as a recovery year when the Covid-19 pandemic was recategorised into an endemic. Unfortunately, the Ukraine War, which started on Feb 24, has taken a toll on all international markets. This war is expected to continue more into the cold winter months and demand for oil and gas (O&G) will continue to peak resulting in higher fuel prices. This has also resulted in escalations in raw...