News by Tan Ai Leng

The average occupancy for the past few weeks since the travel ban lift has been approximately 40%, compared to 20% to 25% averagely before the interstate travel was allowed.

The prolonged lockdown also led developers to rethink their strategies in marketing and product offerings

Real estate consultancy Savills Malaysia managing director Datuk Paul Khong describes placemaking as an art of creating a distinctive sense of place in order to capture people to a location and to ensure their repeated return.

According to astery Academy of Chinese Metaphysics founder Datuk Joey Yap, the Earth, Metal and Water elements are the three strongest elements in Metal Rat year, which will begin on Feb 4, 2020.

Since 2014 till July 2019, the authorities have received a total of 697 applications of which 161 were rejected.

The recent decision by the Court of Appeal on a flat rate maintenance fee has stoked debate among stakeholders, some for and some against.

Under Budget 2020, the RPGT rate is maintained at 5% (10% for companies and foreign owners) if the property is sold after the fifth year, however, the valuation base year has been adjusted to year 2013, from year 2000.

RHB Research Institute senior analyst Loong Kok Wen deemed the property-related measures announced in the Budget 2020 today as “neutral to positive” and expect market sentiments to be slightly lifted.

As one of the main sponsors, S P Setia, gave out more than 800 tickets to new home purchasers and selected existing buyers under its Citizen Setia programme.

Housewife Hafizah Abdul Rahman: “We are so excited and can’t wait for the day when we move in to our new and first home!”