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Delta Corp., a listed company, has a few off-shore casinos in Goa, including Deltin Royale, Deltin Jaqk and Deltin Caravela, also known as King Casino. (Image courtesy Delta Corp.) On a ferry, past 10pm, the mood is sombre, almost ominous, as the vehicle skims towards one of the many ships anchored on the Mandovi river, off the port of Panjim. There is enough light on the bay, from brightly lit ships, glossy billboards, reflections off the river surface that’s kinetic in the monsoon. But the mood inside is darker than you would imagine for a bunch of people off to spend money, play games and enjoy a pre-paid buffet. “I often make a trip to one of these,” says a young- to middle-aged man in a checked shirt, part of a group of others of a similar age, who does not want to disclose his name. “My family knows, but I would rather not have to answer too many questions at home.” The Belgaum resident is one of thousands of tourists who gravitate towards one of Goa’s six off-shore … [Read more...] about Inside Goa’s casinos, a mix of anticipation and signs of post-pandemic revival

This article first appeared in City & Country, The Edge Malaysia Weekly, on July 25, 2022 - July 31, 2022. - A + A Additional questions from those who attended The Edge Malaysia RealTalk 2022 were sent via email after the event. Here are the responses from the speakers. Anthony Lee 1. I was recently informed by the joint management office that the unit on the 15th floor has a water leak and it is due to water dripping from the common toilet. May I know who is responsible for repairing this sewerage pipe/water leak? In strata properties, water leaks or seepages that emanate from a higher floor that affect the floor below may be termed as an inter-floor leakage. The source of water leakage is usually the bathrooms, toilets, sewerage, water pipes or roofing, resulting in water stains, paint damage, mould or bio-hazardous wastewater. Unfortunately, inter-floor leakage has become a serious and recurring systemic problem in high-rise … [Read more...] about After The Forum

This article first appeared in City & Country, The Edge Malaysia Weekly, on July 25, 2022 - July 31, 2022. - A + A The overseas market — especially the UK and Australia and even ­Japan — is drawing Malaysian investors. The appetite for international projects is good especially since most international borders have reopened, observed JLL Property Services (M) Sdn Bhd country head Y Y Lau during the session entitled “Investing in Overseas Projects” at The Edge Malaysia ­RealTalk 2022 forum. Lau was joined in the session by JLL global residential agency senior negotiator Chong Shu Ling. Both explored the complexities, prospects and outlook of foreign investments. “There’s been a pickup in activity … especially with the markets in the UK, Australia, Japan and Portugal recently. Nonetheless, with overseas investments, we believe that investors will have to take on a more median [long-term] approach,” said Lau. “It is important to be clear in your … [Read more...] about Overseas market drawing local investors in endemic phase, says JLL

This article first appeared in City & Country, The Edge Malaysia Weekly, on July 25, 2022 - July 31, 2022. - A + A As countries shift towards the endemic phase, most office occupiers in Asia-Pacific are embracing the emphasis on real estate strategies that recognise the Covid-19 pandemic is here to stay. According to the CBRE Research July 2022 report: Landlords and Tenants Must Collaborate to Achieve Sustainability Goals, most tenants are implementing or considering the implementation of related initiatives in pursuit of wellness and sustainability in the workplace. This report was built upon information extracted from the CBRE Asia Pacific’s 2022 Spring Office Occupier Survey. The report identified the main challenges and priorities faced by landlords and investors as they seek ways to acknowledge office occupiers’ demands for green buildings, leases and technologies. According to CBRE, Asia Pacific countries are committed to achieving net-zero … [Read more...] about Landlords must comply with growing ESG demands, says CBRE