Rise in purpose-built workers’ accommodation

Knight Frank Malaysia capital markets executive director Allan Sim (pic) says the concept of PBWA in Malaysia is a niche, non-traditional and relatively new asset class.

SINCE the onset of the Covid-19 pandemic, certain segments like workers’ accommodation, have been thrust into the limelight.

As Malaysia transitions into the endemic phase, some see the concept of purpose-built workers’ accommodation (PBWA) as a growing opportunity, especially within the local property sector.