With the growth of e-commerce and logistics, the industrial sector continues to boom. People are changing their spending habits by buying things online, reducing any non-essential physical interaction. By ASEAN standards, Malaysia has the 2nd highest e-commerce penetration rate in the region. The e-commerce sector would expand over time with the increased adoption of IT knowledge among our fellow Malaysians. On the other hand, the country's main logistic drivers include manufacturing, food...
The coronavirus has caused half the world's population to virtually shut down businesses, trade, travel, and remain indoors. Our world economy endured its deepest recession, as the Covid-19 upended lives and livelihood. The daily new infections averaged 9,000 cases in the first week of July 2021 in Malaysia; average case counts and fatality rates outpaced those of regional peers Thailand, Indonesia, Philippines, and India. The number of vulnerable households is expected to remain elevated or ...
Coronavirus 2019 has certainly brought a new realm of economy to the society. With the old economy in the past and signs of traditional business closing down, many people lost their jobs. For example, the tourism industry is not doing well as many people could not travel overseas and construction projects are forced to put on hold. However on the other side, with the aid of technology, new industries emerge such as e-commerce. The advancement of technology and IT creates a different job marke...
As an avid property owner and investor, there are times when you lose count of which of your property is currently being rented, whether your landlord-tenancy agreement is coming to an end, and sometimes, even keeping track of whether all your rentals are coming in on time each month. Your headache is amplified when you are an owner of “bigger” kinds of properties – ie: industrial factories, buildings, and so forth. It goes without saying that renting your factory to say a food manufacturing ...
When you think of industrial factories, what is the first thing that comes to mind? Big, grey, and boring are probably it. Unlike residential and commercial properties where the “fun” and “measurable” factor of how good the property comes in terms of amenities and the different designs it has, there are many factors that determine what makes a good industrial factory as well.
While residential and commercial properties act as a shelter and venue for business operations respectively, indu...
COVID-19 is increasing the relevance of logistics and last-mile operators. With a handful of manufacturing opportunities emerging, more investors are looking to this high-quality asset class for their next investment. Let's weigh the advantages and disadvantages of investing in industrial properties.
Advantages of industrial real estate investments
Strong Demand for Industrial properties
The recent COVID 19 pandemic has caused a surge in demand for industrial properties; this i...
During this current Covid-19 pandemic, the property market will be on its most difficult periods in recent history yet various market research reports have shown that the effects of this pandemic in the industrial sector have had marginal effects. The rise of e-commerce has caused an unabated demand that has driven rental prices up, hence buying a correct industrial property can be challenging under prevailing market conditions.
To Purchase or to Rent?
There are two options to start ...
When talking about 2020 year, many would say it is a bloodshed year. We have adapted to the new normal due to social distancing, contactless environment and going digital for everything. Some key megatrends which can clearly see are the booming of e-commerce and the key importance of logistics in transporting the goods from the suppliers to the customers.
Source:IBM retail index
Taking reference from the report from IBM’s US retail index, the e-commerce is projected to grow by near...
Searching for industrial properties can be a daunting experience. The state authorities divide a township into different zones, i.e., agriculture, residential and commercial zones. Out of all these zones, the industrial zone is the least available in the market. Industrial land is scarce because industrial properties are located very far from the cities and close to ports such as west port Klang, north port, and others. This is due to the regulation to restrict the amount of pollution aris...
It is true. All factory or warehouse operations move forward stronger when your employees realize you are doing these for them.
A gentle yet important reminder; businesses make money when employees mood is high, as it equals to greater productivity.[1]
As in any other industries, a conducive environment at work can generate better employees, with low employee turnover.
Especially today with the lack of talented and experienced workers especially in the manufacturing industry, the rig...