News by Edgeprop.my

The tourist-centred street in the historical cty is now like a ghost town with little to no people.

Phase 1 of Hevea secured a 90% take-up rate in just three months from its launch on Dec 29, 2020.

The report said 121,600 people in six cities were affected by the flood, some 118 houses were severely damaged while 45 houses collapsed.

The selling price starts from SG$1,600 psf (RM4,986) to approximately SG$2,000 psf. Built up for the units range from 431sq ft to 1,001 sq ft.

The two hotels “could fetch a combined RM160 million”

Work Minister Datuk Seri Fadillah Yusof clarified that only house renovation work can be carried out during Phase One while renovation work in buildings like factories, offices, malls, schools and shops can only be carried out in Phase Two

These include the renewal of Driving Licence (CDL), Motor Vehicle Licence (LKM), Goods Driving Licence (GDL) and Public Service Vehicle (PSV) Licence.

A typical terraced house layout plan provides for the living, kitchen, dining, toilet and perhaps a small room on the ground floor while usually three or four bedrooms are clustered on the top floor. Must this always be the case?

“For now, the priority is to review and relook at the things that we have done best. KLCCP Stapled Group has a list of premium properties in prime locations, such as Petronas Twin Towers and Menara 3. These two properties have 100% occupancy rate and have recently secured extended triple net leases (TNL) for another 15 years.”

While bad times are inevitable for all segments in the real estate industry, CEO of KLCCP Stapled Group Md. Shah Mahmood chooses to stay positive and to look at things that they can do to improve the conditions of the buildings and be prepared for the recovery path. “Eventually the borders will reopen and people will be able to travel again. We have to make sure our buildings are safe to welcome their return.”