Rented for: RM1,200 per month (about RM1.33 psf); Concluded by: Yeo Hock Beng (REN 14090) of Griffin Properties (016-332 2701); When: September 2019
The objective will be to come up with an equitable solution to the issue pertaining to flat rate maintenance charges in mixed developments.
“[The tangible aspects] are basic and most developers would have provided them. But to make sure that a development excels and to be able to enhance its property value, you actually have to focus on the intangible aspects, which are subjective and can affect emotional feelings.”
Property and facility managers in the country will need to enhance the performance of their buildings in order to meet the demands and expectations of international tenants.
Buyers are able to lock in today’s property prices for the next five years and secure a 100% loan margin when they are ready to purchase, said the developer.
“As occupiers’ requirements, expectations and demands are raised, landlords cannot stand idly by. This new paradigm requires property owners to adopt a fundamentally different approach to leasing and asset management."