MIPFM president Adzman Shah Mohd Ariffin: Most property management businesses are in the SME category and are operating at competitive fees with slim margins, and some are already facing delayed payments from clients.
SCM Property Services Sdn Bhd general manager Paul Richard: We do understand that this is ‘unprecedented’ and that there is a lot of key learning that we can gather from this crisis. Hence, we look forward to a proper statutory law and standard operating procedures to be introduced and implemented in order to manage crisis situations in future.
Jason Oh: The home is the most cosy and personal workspace one can ever ask for especially when you’re living alone
SUB: As the world grapples with COVID-19, how can the many holed up in their rooms or houses ensure productivity, even if just only temporary?
Sold for: RM800,000 (RM168.07 psf based on land size); Concluded by: Visaghan Naidu Thanagavalu (PEA 2466, 012-449 9175) of CBD Properties (Puchong) Sdn Bhd; When: December 2019
According to a notice by DBKL’s Project Implementation and Building Maintenance Department yesterday, this includes main contractors, nominated contractors, sub-contractors, construction site staff and related personnel.
“The number of illegal and unregistered real estate brokers is becoming more rampant despite strict laws governing the act of buying, selling and renting of real estate."
“Perhaps in 3Q2020, if the situation did not improve, the OPR could be revised once again to preserve the competitiveness of the economy and maintain price stability,” suggested Persatuan Perunding Hartanah Muslim Malaysia (PEHAM) president Ishak Ismail.
“We have received a large number of complaints from the public that this firm has been appointing illegal brokers to sell housing projects on behalf of property developers and perhaps, members of the public.”
Prime properties in KL cost about US$280 (RM1,172) psf, while in the next cheapest city, Cape Town, South Africa, they cost around US$310 psf. Hong Kong topped the list with a whopping US$4,610 psf.
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