News by The Edge Malaysia

Let’s face it, property prices are not about to drop just because the market clamours for it. While we do hear of the isolated fire sales on the secondary market, truth be told, I have yet to know of anyone who has managed to seal a hot deal.

The revised Budget 2023 was tabled earlier on Friday (Feb 24) by Prime Minister Datuk Seri Anwar Ibrahim. The budget themed “Menbangun Malaysia Madani” is aimed at helping the rakyat and boosting the economic prospects of the country.

Considering how evidently the pros outweigh the cons, the answer’s a no-brainer.

It is incredible how an attempt to improve the Malaysian public housing model, which is totally outdated and no longer feasible, could be viewed in a negative light.

If we do not innovate and try new ideas, we can never make progress.

he excesses of the past decade, the borrowing binge fuelled by ultra-low interest rates and liquidity, are coming back to bite us, no doubt.

In reality, it is not just gloom and doom. There are office and retail centres that continue to enjoy high occupancies and this could be attributed to reasons such as their respective unique offerings like a strategic location, easy connectivity and profile of tenants. Last but certainly not least, providing a safe conducive working or shopping environment matters ant his is something that can only be achieved with top-in-class maintenance of the spaces.

Developer KSK Land Sdn Bhd has denied talk that its 8 Conlay project, a RM5.4 billion mixed-use development featuring the world’s tallest “twisted” twin tower residence in the heart of Kuala Lumpur, is facing financial difficulties.

Short-term rentals and homestays have their costs and consequences, as well as bouquets and brickbats. A discussion on whether a ban is the right way forward typically ends up with an emotionally charged “yea” or “nay”, depending on one’s personal interest and experience, good or bad.

Occupying a 5.28-acre freehold parcel, Jernih Residence will offer 1,605 serviced apartment units in two blocks and 41 retail units on Levels 1 and 2. The residential units will come in four sizes — ranging from 550 to 850 sq ft — and are priced from RM270,000, or an average of RM500 psf. Most units, except some 850 sq ft units, will have one parking bay each.