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Ya makes sense lah. Nowadays office space really too banyak, especially in places like Putrajaya where demand not so strong. Convert to serviced apartments actually quite smart move, at least can tap into people looking for short-term stay or even gov-related travel.
Adaptive reuse like this is quite important now, cannot just stick to original plan and hope market recover. Better to pivot early, maximise the asset value and keep cash flow coming. RM45 mil investment not small, but if done right, can pay off in long run
Yah man, that 0.045 level is like a magnet for them big boys, always see them buying up a storm there. If they keep accumulating, the price might just shoot up soon.