News by Shawn Ng

Under Japan’s public rental housing schemes, the construction cost is borne jointly by the federal government and local authority, with the latter taking care of the land purchase cost to ensure the affordability level of these homes for low-income earners.

The delegation, which comprised Housing and Local Government (KPKT) Minister Zuraida Kamaruddin, drivers of Malaysia’s top property develop-ment companies and members on the judging panel of EdgeProp Malaysia’s Best Managed Property Awards, gained valuable insights into some of Japan’s latest technologies for sustainable township development as well as smart and wellness home systems and solutions.

高价房地产是造成滞销房产的罪魁祸首？其实并不然，官方数据显示实际上滞销的房产多是价格介于RM200千至RM300千且被视为可负担价位的公寓。

To date, BOVAEP has approved the application of 1,505 practising property managers who were not registered with the board before, says BOVAEP board member Ishak Ismail.

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.

“We understand these buildings have to be repaired but do not send the wrong message (that the government will come and rescue), otherwise nobody will pay the maintenance fees.”

PR1MA Malaysia chairman Tan Sri Eddy Chen: The revision is a good move, the only thing is that it has to be location-based. Because in some states such as Kelantan, Terengganu and Perak, a lot of the properties are below RM600,000, which means there are not many choices for foreign buyers to acquire.

“The real issue here is the collection of maintenance charges, which has been plaguing the private owned flats and apartments for a very long time and thus affected the maintenance of these buildings.”

买家喜欢这个发展项目的低密度居住环境，每个单位附设的私人电梯，也让他对这个单位更为青睐。

Sold for: RM570,000 (about RM599psf); Concluded by: Usha A/P R Lachumanan (REN 17124) of Gather Properties Sdn Bhd (016-720 0135); When: August 2019