Kuala Lumpur (27 April 2022) – Knight Frank Malaysia, a leading global real estate services firm, recently announced a residential joint venture with Property Hub Sdn Bhd, a multi-award-winning real estate agency, comprising over 120 professionals across its Kuala Lumpur headquarters and Kota Kinabalu, Sabah branch.

Renowned as a boutique real estate agency punching well above its weight, Property Hub HQ, together with its Sabah operation are most notably winners of multiple MIEA awards (including Residential Real Estate Firm of the Year and State Real Estate Firm of the Year) for ten consecutive years, from 2012 to 2021.  The joint venture with Property Hub coincides with Knight Frank Malaysia’s 20th anniversary in Malaysia and underscores Knight Frank’s global expansion strategy.

Property Hub will integrate with Knight Frank Malaysia’s residential operations, acting as the key element of the company’s residential agency network. A new management structure, complemented by future new hires will bring the joint venture in-line with Knight Frank’s global practices and to bolster the team.

Sarkunan Subramaniam, group managing director of Knight Frank Malaysia, says, “I am delighted to welcome Benjamin Tee and team to Knight Frank Malaysia. Today’s announcement reinforces our position as the leading real estate consultant in Malaysia and highlights the power of our brand and culture to attract the best talent. We are also happy to announce that we have worked collaboratively to successfully complete the transaction of Block N at Jaya One between Worldwide Emergency Assistance Sdn Bhd and Luxchem Corp Bhd. With the combination of our 600+ professionals in Malaysia, this will enhance Knight Frank Malaysia’s ability  to provide comprehensive solutions for clients in any market across the country.”

“We are excited to become part of the Knight Frank global family in addressing today’s constantly evolving real estate landscape,” said Benjamin Tee, managing director, Knight Frank Property Hub (also Co-founder of Property Hub). “This joint venture aligns with our vision to provide our clients with a full range of services, including valuation, capital markets, corporate services and property management, while leveraging our expertise in residential sales and leasing as well as project marketing. Our shared values and unique qualities will enhance our market impact and reach as we continue to deliver a premier real estate experience to our clients, our partners and our people.”

Kevin Coppel, managing director, Asia Pacific, commented: “As we are celebrating our 20 years of progress in Malaysia, I am delighted to welcome the Property Hub team which will add to Knight Frank’s global network. One essential part of growing our business worldwide is to find the right cultural fit with partners who align with our values. With the team at Property Hub; we are confident that we have found them.”

Victoria Garett, head of residential Asia Pacific, added, “The residential property market is anticipated to gradually recover this year, and this joint venture could not be better timed as this strengthens our leading position in Malaysia. I look forward to collaborating with the Knight Frank Property Hub Sdn Bhd team and helping them reach new heights”.

Knight Frank Property Hub in Malaysia will operate as the focal residential, project marketing and international project marketing arm, leveraging Property Hub’s extensive strengths and enviable track record in the residential sub-sale and mid-to-high-end markets, its substantial cache of high-net-worth clients as well as its invaluable experience serving MNC and expatriate clients from over 50 countries.

DB Schenker is celebrating 150 years anniversary globally this year. Beginning in 1872 as a provider of consolidated rail shipments from Paris to Vienna to one of the world’s leading global logistics provider, DB Schenker has come a long way.

They have recently published on their website their journey from humble beginnings to that which the company has evolved into, and what they plan to do continue ‘Elevating Lives’.

Click here to see their milestones and how they will be celebrating their 150 years anniversary.

IBM Malaysia Sdn Bhd has finalised a collaboration with Tech Mahindra to expand cybersecurity offerings for local enterprises, including managing security compliance and strengthening business information systems.

IBM Malaysia Managing Director and Technology Leader Catherine Lian said the partnership stems from its new go-to-market strategy, which focuses on developing its partner ecosystem while deploying its direct sales resources to engage the largest accounts looking for integrated solutions from IBM.

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Government Affairs as a profession is gaining in significance and there is a marked increase in demand for this particular set of skills. On 26 April, AMCHAM held the Capstone Ceremony for our Government Affairs Training for Executives (GATE) program that was designed to support those who are and those becoming the interlocutors between business and government.  

H.E. Brian McFeeters, U.S. Ambassador to Malaysia, attended as the guest of honor and Dr Bridget Welsh provided a stirring keynote about the evolving and intersecting nature of policy, politics, business and investments, emphasizing the purpose of the GATE program.  

Launched in 2021, the inaugural GATE Program, served as a platform to develop and sharpen the skills needed for individuals engaged in government relations (GR) and public/external affairs, thus creating a network of GR practitioners. 

The COVID-19 pandemic highlighted the positive aspects of having well informed executives and public service personnel who were able to navigate both worlds. The first cohort, composed of 36 AMCHAM members seeking to increase their skill sets to meet the new challenges.  The celebration, which exceeded 100 persons, was an opportunity for networking; personnel from over a dozen government divisions and 40 member companies enjoyed a sumptuous buka puasa laid on by our member the Four Seasons Kuala Lumpur.

For more information on or to participate in the next GATE program, please contact [email protected]

Lemons to Lemonade: Life Lessons of GR Executives

To round off our inaugural program for GR executives that AMCHAM initiated last year, a panel discussion leading executives in this field from the AMCHAM membership shared heart-to-heart realities about the choices they made that placed them into this role. They also shared insights and ‘life-lessons’ and how to be successful – after you have figured out how you define success!

Thank you to Andy Lee, Government Affairs Director, Johnson & Johnson Malaysia; Khairul Abdul Ghani, Public Affairs, Communications & Sustainability Director, Coca-Cola; and Abdul Rahman Abu Haniffa, Government Engagement Director, GE Malaysia, for being our panellists.

 

Below are the SOP relaxations that will be in effect beginning 1st of May 2022.