In popular areas at the periphery of KK city centre like Luyang and Likas, double-storey houses are now on the market at an average of RM650,000 to RM800,000 while semidee units are going for between RM1 million and RM1.5 million.

Many have discovered the value growth of a piece of real estate is not based on only its location and its developer’s strong track record. Whether or not a building has been designed and built for sustainable maintenance and the quality of its upkeep are equally important, if not more.

During the EdgeProp.my Symposium on “Excellent Property Management 2021: Future-proof your investment in the new norm”, a total of 200 members of the audience were invited to participate in two live poll sessions.

MIPFM president Adzman Shah Mohd Ariffin: Investment is needed in proper training and skilling to ensure the personnel is well equipped to face the challenges

In property management during “new normal”, many questions have been raised such as the utilisation of sinking funds to pay for the sanitisation cost of the common areas.

There used to be a time when building designs with the most superlatives were coveted amongst homeowners, but it is no longer the case today.

The residential sub-sector remained the main driver of the property market activity, contributing close to 65% of the total volume.

Au Foong Yee: The Awards criteria say it all. Sustainability in a project extends beyond going green. No greenwashing here. Attributes such as safety, security, sustainable quality maintenance, notable value creation and quality indoor air are among the many attributes we seek in a winner.

Honouring responsible developers and best-managed properties in the new norm