“We constantly look at ways we can incorporate technology to our existing approaches to township and building management, particularly to reduce cost and increase efficiency such as optimising energy and water consumption as well as to improve security,”

The win can be attributed to the developer’s thoughtful design which has kept sustainable maintenance in mind from the very start of its planning, and the continuous effort by the property management team, says Gamuda Land Property Services township and facilities management general manager Victor Tay.

It is unlike any other mall as the shopping centre offers more than the usual retail and F&B, notably its community building and green initiatives.

While many countries adopt both cost approach and the sales comparison method to value properties, Malaysia’s housing industry is seen to ignore the former as reflected in the widening gap between house prices and development costs, KRI said. 

The signing of the framework agreement was witnessed by Prime Minister Tun Dr Mahathir Mohamad and China's Premier Li Keqiang today.

Quarterly revenue grew 23% to RM164.96 million from RM133.86 million a year ago. 

The projection is based on the 2.2% on-month decrease in the leading index's (LI) growth rate for February.

While the building operator will enjoy full rebate for running the office, it will also enjoy 50% rebate for the kindergartens and halls under its management. 

This includes the RM42 million said to be channelled into the bank accounts of former premier Datuk Seri Najib Razak, who is facing seven charges in relation to the misappropriation of SRC funds.

The occupants of a condominium in Ampang have already received visits, with some tenants paying their arrears of two years on the spot, while one unit had a television and a microwave oven seized.