KUALA LUMPUR: Real Estate and Housing Developers Association Malaysia (Rehda) welcomed its new president Datuk Seri Fateh Iskandar Mohamed Mansor (pic) at its  annual delegates’ conference on June 21.Fateh Iskandar has 20 years of experience and involvement in the property development industry.

KUALA LUMPUR: Property developers are urged to gather information and understand the terms and conditions of the newly issued International Financial Reporting Standards (IFRS) 15 to ease the transition and avoid complications. The IFRS 15 was issued on May 28 and will be effective from Jan 1, 2017 (early adoption is permitted).  “The act is a new model that requires a new mindset.

KUALA LUMPUR: Glomac Bhd is foreseeing a challenging year ahead as the impact of Bank Negara Malaysia’s cooling measures sinks in curbing speculative demand.

WILL housing prices fall to more affordable levels? It is “not impossible, but improbable”, according to two property developers at The Edge Investment Forum on Real Estate 2014.

THE first thing that strikes you when you arrive in Batu Kawan in mainland Penang using the newly opened second bridge is how bare the area is. Plantations and trees flank most stretches of the road running through the town and there are few cars and some houses. Several cleared tracts ready for development can also be seen.

KUALA LUMPUR: The World Class Sustainable Cities 2014 (WCSC 2014) will be held on Sept 25 with the theme “People make Communities, Communities make Cities”.

PETALING JAYA: The Malaysian Developers’ Council (MDC), which convened for the 19th time on April 25 in Kota Kinabalu, Sabah, discussed the state of the housing industry and highlighted three main concerns.

PETALING JAYA: More than 650 people attended The Edge Investment Forum on Real Estate 2014 last Saturday. Participants had the opportunity to gain insights into the current state of the Malaysian property market as well as London’s residential market. There was also a panel discussion with industry experts on whether homes will cost less in the future.

PETALING JAYA: Housing prices are expected to rise by at least 5% next year when the goods and services tax (GST) takes effect in April next year, said property experts.

PETALING JAYA: The soon-to-be-implemented Strata Management Tribunal will have two enforcement tools — civil and criminal.