MALAYSIA, 3 AUGUST 2021: The Minister of Tourism, Arts and Culture, YB Dato’ Sri Hajah Nancy Shukri today commemorated the official announcement and signing ceremony of ESCAPE Cameron Highlands. While being the third addition to the ESCAPE brand of theme parks in the country after ESCAPE Penang and ESCAPE Challenge in Petaling Jaya, ESCAPE Cameron Highlands will be quite unlike any other leisure attraction in the country. Spanning across a 60-acre valley at an elevation of 220 metres, this will be the biggest ESCAPE park in Malaysia. The park will also be the first of its kind in the region to offer an outdoor ski attraction, set within an equatorial climate.
ESCAPE Cameron Highlands will be a nature-based adventure park built into the natural landscape of Cameron Highlands that adopts a low impact development approach in design and execution. The project will also proliferate Cameron Highlands’ natural beauty by presenting a renewed tourism boost for one of the country’s most popular hill resorts.
by Luanne Sieh
Until fairly recently, climate change was thought to be the realm of academics and scientists, or even a political hoax. However, in recent weeks, we have witnessed the impact of climate change in real-time, and this trend is only accelerating. Due to record heatwaves, colonies of shellfish ended up cooked along beaches in Canada, and haze from forest fires blanketed the United States. Floods not seen in a thousand years ripped through parts of Europe and China, causing untold damage to livelihoods and communities. As these extreme weather events occur with increasing frequency, our world as we know it is reaching a tipping point.
Kuala Lumpur, 30 July 2021: According to PropertyGuru’s latest Malaysia Property Market Index (MPMI) report, the overall property supply in the market spiked by 34.53% YoY and 11.94% QoQ in the second quarter of 2021. This data, which is tracked based on PropertyGuru’s extensive listings, represents the highest volume of YoY supply growth recorded in two years.
The surge in property supply in the country in Q2 2021 is likely driven by an increase of homes being put up for sale in the secondary market under the current economic climate. This upward trend in property supply is also observed across four key regions covered by the MPMI, namely Kuala Lumpur, Selangor, Penang, and Johor, which saw a YoY increase of 16.91%, 48.95%, 40.32%, and 17.47% respectively.
