News by EdgeProp

Those most affected would probably be landowners in the city centre, where the curbs are applied and prices are highest, said propery consultants surveyed by the financial weekly.

However, they caution that proper planning needs to be implemented in order to successfully bring about the rejuvenation.

The Royal Institution of Chartered Surveyors (RICS) chief economist Simon Rubinsohn said it was crucial that the Brexit negotiations come to a resolution in order to lure buyers back into the market.

The search-and-rescue mission is ongoing. 

The fire had likely been fuelled by combustible cladding on the exterior of the building, and may have started on a balcony with lit cigarette butts.

An initiative under the National Housing Policy (2.0) to improve the lives of PPR residents, formed by the Ministry of Housing and Local Government, and supported by EdgeProp.my

Kamdar Group managing director Kamal Kamdar said he was informed that a memorandum of protest would be sent to the authority by the local association.

“Banks have become a lot stricter on giving housing loans over the years but we found people have been continuously servicing their loans as they want to keep their houses.”

“Upon arrival, the double-storey hostel was 100% burning and the firemen quickly started the operation to douse the fire."

“I was told when MACC officers came to our office, they could not take the lift because the lifts were 'rosak' (broken). Our lifts were broken even though we were supposed to have RM90 million?" he said.