MRCB will use part of the cash from the disposal of up to RM152 million to acquire an estimated 145 million shares in MQREIT, increasing its stake from 31.2% to 32.9% post MQREIT’s placement.

With its vibrant economy and rising property prices, Sarawak’s capital city Kuching is well positioned to become the state’s most popular residential destination for investors and owner-occupiers.

While both Subang and Ara Damansara are located adjacent to each other, the latter is decidedly more upmarket.

Service charges are a monthly pain to many, especially those who live in strata buildings be they condominiums, serviced apartments, small office home offices (SOHOs) or others. With many other people living under the same development, common areas and facilities like gardens, gyms and pools that are not part of the owner’s own parcel are maintained by the building management in their various stages of composition from the Developer to the Joint Management Body and, ultimately, to the Management Corporation (MC).

A first class degree holder in Land Administration and Development from Universiti Teknologi Malaysia (UTM), Teo Z L joined the property industry six years ago as a junior real estate negotiator.

Industry experts and observers suggest that renting may not be a bad thing and could in fact assist some people to eventually own their own home if it is done in a systematic way, such as in the form of a Rent-to-Own (RTO) scheme.

The listing of EWI has been slightly delayed to September or October 2016 due to a “new strategic investor”, while management is unfazed by Brexit.

Teambuild Land, the property development arm of Teambuild Construction, has developed 20 residential developments and one mixed-use development totalling 910 units over the last eight years. The company focuses on developing freehold private condominiums of less than 80 units, primarily in the neighbourhood of Geylang. For example, the 58-unit La Fleur, 71-unit D’Weave and 78-unit Casa Aerata.

Despite their age, most of the properties here enjoy steady demand due to Taman Desa’s location which is close to the Kuala Lumpur city centre.

Following the overall soft residential market in Kota Kinabalu last year, opinions are mixed on how the market will perform this year, Rahim & Co Sabah branch manager Max Sylver Sintia says when presenting The Edge/Rahim & Co Kota Kinabalu Housing Property Monitor 1Q2016.