Strata living, a work in progress
IT’S been a year since the Strata Management Act 2013 (SMA) was implemented in our country.
Penang mulls cap on pre-war building rental hikes to 20% over 4 to 5 years, says CM
PENANG (Aug 5): Penang is mulling a cap on rental hikes in pre-war buildings to 20% over a period of four to five years, in contrast with more exorbitant hikes of 100% to 200% observed in recent times, said Penang chief minister Lim Guan Eng at the Penang International Property (PIP) Summit conference today.
KLCC Stapled’s distributable income rises 3.8%, pays 8.6 sen distribution
KUALA LUMPUR (Aug 3): KLCC Stapled Group, comprising KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (KLCC REIT), recorded a total realised distributable income of RM167.
Penang proposing rent control on pre-war buildings at Unesco heritage site
GEORGE TOWN (Aug 2): The Penang government is proposing a rent control policy for pre-war buildings after numerous complaints from business operators in the George Town Unesco World Heritage Site over excessive rental hikes, Bernama reported today.
Tiong Nam has business expansion plans on the cards
Tiong Nam Logistics Holdings Bhd(July 25, RM1.
UOA REIT’s 2Q distributable income flat
KUALA LUMPUR (July 21): UOA Real Estate Investment Trust (REIT) said its total income available for distribution slipped 3.
Aged care and retirement communities need a rethink in Malaysia
GROWING old is inevitable, no matter how much you juice, exercise or slap on expensive moisturiser.
Strata Management Tribunal receives 1,192 cases to date this year
KUALA LUMPUR (July 19): Some 1,192 cases have been filed at the Strata Management Tribunal (SMT) to date since the beginning of the year.
EkoCheras Mall secures key tenants
KUALA LUMPUR (July 18): Property developer Ekovest Bhd secured key tenants including Golden Screen Cinemas (GSC), Village Grocer, Borders Books, Starbucks and Coffee Bean for its EkoCheras Mall, which is within the RM2.
