The name “sinking fund” is not meant to be taken literally, but in some stratified developments, there are sinking funds that have sunk and totally disappeared.

Demands are shifting, and a house is today more than just a roof over the head for many — it is part of their lifestyles. Developers know they have to step out of their comfort zones, be flexible and adapt to the discerning homebuyers’ ever-changing wants and needs.

Four articles in the list were about the National Home Ownership Campaign, also known as HOC, the hot topic that was frequently on the lips of homebuyers, property developers and investors throughout the year.

Just in case you missed the news…

The year begun with a bang with the launch of the National Home Ownership Campaign (HOC).

Its 1QFY20 core net profit only grew 1% year-on-year, as better showing from property (strong sales and firm margins in Vietnam) was offset by weaker performance from construction (the downsized Mass Rapid Transit Line 2 [MRT2] contract) and concessions (the absence of contribution from Syarikat Pengeluar Air Sungai Selangor Sdn Bhd [Splash] following its disposal).

FY19 earnings were largely contributed by: i) Eco Majestic, Eco Forest, Eco Sanctuary and Eco Sky in the Klang Valley; ii) Eco Botanic, Eco Spring, Eco Summer, Eco Business Park I, Eco Business Park II, Eco Tropics and Eco Business Park III in Iskandar Malaysia; and iii) Eco Meadows and Eco Terraces in Penang.

Financial year 2019 (FY19) core net profit stood at RM189 million versus a net loss of RM4 million in FY18

It is causing them to miss out on trade diversion opportunities — KL & Selangor Furniture Association

Most people would choose to live in a “good” neighbourhood but I would then ask “Are you a good neighbour?”