MALAY MAIL. 29TH MARCH: Most recently, several houses were deemed unsafe and possibly uninhabitable following a landslide in Taman Bukit Permai 2, Ampang Jaya that claimed four lives and injured one person on March 10. A local authority evacuation order was subsequently issued after a study by the Minerals and Geosciences Department found that the land was […]
EDGEPROP. 28TH MARCH: AME Elite Consortium Bhd has obtained the approval from the Securities Commission Malaysia (SC) for the proposed establishment and listing of an industrial real estate investment trust (REIT), AME REIT, on the Bursa Malaysia Main Market. AME REIT, an Islamic REIT on the Main Market, will have an initial fund size of 520 […]
FREE MALAYSIA TODAY. 28TH MARCH: The cost of renovating a house in Malaysia has risen significantly over the last decade. A large part of the expenditure depends on the amount of work that will go into the project. Factors such as the age and size of your property, location, material, and labour choices will determine […]
FREE MALAYSIA TODAY. 27TH MARCH: A Sarawak MP has called for amendments to the law on sale and purchase agreements (SPA) for properties so that Sarawak house buyers are afforded better protection. Sarawak DAP chairman Chong Chieng Jen said the law in its present form provided house buyers in Sarawak with far less protection from […]
THE SRAITS TIMES. 27TH MARCH: Rent levels for Johor properties are expected to rebound to pre-pandemic levels when land borders between Malaysia and Singapore reopen, say property developers in the southern Malaysian state. Malaysia and Singapore will be reopening their borders to fully vaccinated travellers from April 1, without requiring them to quarantine on arrival. Land crossings between Johor […]
ASIAONE. 25TH MARCH: A family in suburban Sydney, Australia, has reportedly refused millions of dollars from developers so that they can remain on a massive strip of land they own and retain their dream house. It’s similar to the Geylang story we did slightly over a year ago – where two terrace house owners refused […]
EDGEPROP. 25TH MARCH: LaLaport Bukit Bintang City Centre (BBCC) is aiming to achieve an occupancy rate of 80% in August and thereafter 90% by the end of this year. The mall commenced operations on Jan 20, and about 76% of the shops have been signed up, of which 38% have opened for business. LaLaport BBCC […]
THE EDGE MARKETS. 25TH MARCH: Prime real estate is expected to thrive this year. There will also be opportunities in the ESG (environmental, social and corporate governance) sector, according to Knight Frank’s The Wealth Report 2022. However, taxation is one of the disruptors facing the industry, it warns. The report aims to provide an annual assessment […]
FREE MALAYSIA TODAY. 26TH MARCH: It is a given that one should aim to pay off one’s housing mortgages as soon as possible. However, there is one exception to this rule, which can be illustrated as follows. When Richard was 25, he bought an apartment for RM80,000. Today, the same unit is valued at RM150,000. […]
THE EDGE MARKETS. 17TH MARCH: The overall property market in Malaysia is gradually recovering, registering a higher volume and value of property transactions, according to Knight Frank Malaysia’s Real Estate Highlights 2H2021 report. The report, released on Jan 6, shows the findings on property market performance across Penang, Johor Baru and Kota Kinabalu as well […]