Announcements

CBRE|WTW NEW LEADERSHIP APPOINTMENTS & CHANGE IN BUSINESS ENTITY NAME

CBRE|WTW NEW LEADERSHIP APPOINTMENTS & CHANGE IN BUSINESS ENTITY NAMES We are pleased to announce and append notice of the following changes by CBRE|WTW Group of companies with effect from 1 April 2022.   All entity names operating under the CBRE|WTW Group will be renamed and aligned with our corporate branding of CBRE|WTW.  Changes in leadership appointment and designation The...

Klang Valley, Property Market, 4Q 2021

Klang Valley MarketView 4Q 2021 GDP contracted 4.5% in 3Q 2021 y-o-y (3Q 2020: -2.7%), -0.3% q-o-q (2Q 2021: 16.1%). All economic sectors recorded a decline, while the manufacturing sector remained resilient with some recovery in production. • Sentiments have improved with a pick-up in the Consumer Sentiment Index (CSI) to 58.2% q-o-q (101.7 points), the Business Conditions Index (BCI) to 10.9% (97...

Klang Valley, Property Market, 3Q 2021

Klang Valley MarketView 3Q 2021 GDP rebounded by 16.1% in 2Q 2021 (1Q 2021: -2.3%). Except for agriculture, most economic sectors recorded an uptrend.Private consumption improved 11.6% y-o-y, underpinned by the demand for necessities.Unemployment rate persisted at 4.8% (1Q 2021: 4.8%) despite a contracting labour force, lower retrenchments and increased hiring activities.Bank Negara Malaysia projected...

Press Release: Commentary on Budget 2022

Press Release: Commentary on Budget 2022 Kuala Lumpur, 29th October 2021 This year’s budget was a breath of fresh air as we strive towards hopeful gains and support our people through the process. Most industries are looking to uplift their sectors as Malaysia’s Covid-19 situation is at a manageable state. That being said, the Government has forecasted a 3% - 4% growth for the whole of 2021. With...

Property Market Performance 1H 2021

PROPERTY MARKET PERFORMANCE 1H 2021 Interrupted Market Recovery In 2Q 2021, the Malaysian economy rebounded by 16.1% as compared to 2Q 2020 (-17.2%), after the plunge y-o-y. The construction sector recorded growth of 40.3%, buoyed by continued large infrastructure works and projects implemented under stimulus packages, e.g., PEMERKASA and PEMERKASA+. The manufacturing sector expanded 26.6%. However,...

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