Tabung Haji not selling TRX land but developing it into high-end apartments
KUALA LUMPUR (Feb 4): Lembaga Tabung Haji said it will be developing the 1.
Australian survey shows good communication vital for property management success
PERTH (Feb 1): Good communication with tenants and owners are among the top priorities of property managers seeking to overcome persistently high vacancy rates in some of Australia’s capital cities.
Sentul resident wants potholes fixed
KUALA LUMPUR (Jan 25): A resident of Sentul, Kuala Lumpur wants the authorities to build a safer pedestrian walkway as well as to monitor two developers whose projects have caused potholes to appear on the roads.
Residential prices in the Klang Valley rise but at a slower pace
THE Klang Valley residential market saw price growth in 3Q2015, albeit at a slower pace, as homebuyers remained cautious about the current economic and political situation.
MREITs may acquire more assets this year
MALAYSIAN real estate investment trusts (MREITs) may step up acquisitions this year as the rental reversion cycle peaked in 2014, which helps with asset valuations said Malaysian REIT Managers Association chairman Datuk Stewart LaBrooy (pictured).
Housing ministry expects budget cuts
KUALA LUMPUR (Jan 14): The Urban Wellbeing, Housing and Local Government Minister Datuk Abdul Rahman Dahlan has warned that his ministry would most likely to be affected by the impending cut in Budget 2016.
Building managers can now register with Commissioners of Buildings
PETALING JAYA (Jan 14): Building managers can register themselves with the Commissioners of Buildings (COB) for now, while the Ministry of Urban Wellbeing, Housing and Local Government is working towards the formation of a Board of Building Managers (BBM).
UEMSET-Medini Iskandar to kick off township management services JV this year
KUALA LUMPUR (Jan 13): A new entity formed via a joint venture between UEM Sunrise Edgenta TMS Sdn Bhd (UEMSET), and Township Management Services Sdn Bhd (TMS) — which is a wholly-owned subsidiary of Medini Iskandar Malaysia Sdn Bhd, will kick off its township management services this year, specifically for building owners and residents of Medini and Iskandar Puteri (formerly known as Nusajaya) townships in the Iskandar Malaysia region in Johor Bahru.
Agile Mont’Kiara officially launched
KUALA LUMPUR (Jan 9): Agile Mont’Kiara (pictured), a joint venture project between Agile Real Estate Development Sdn Bhd and PJ Development Holdings Bhd was officially launched by the Mayor of Kuala Lumpur Datuk Hj Mohd Amin Nordin Abd Aziz today.
GuocoLand signs AccorHotels as hospitality managers in Singapore, Kuala Lumpur
SINGAPORE (Jan 6): GuocoLand Ltd and AccorHotels have signed a deal for the management of GuocoLand’s two newly-built hotels: the Sofitel Singapore City Centre at Tanjong Pagar Centre, Singapore, and the Sofitel Kuala Lumpur Damansara at Damansara City, Kuala Lumpur.
