News about AI

Construction sector Maintain neutral: We expect the upcoming Budget 2020 announcement on Oct 11 to prioritise public transport projects but limited to those already awarded, revised and approved: Light Rail Transit Line 3 (LRT3), Mass Rapid Transit Line 2 (MRT2) and East Coast Rail Link (ECRL).

KUALA LUMPUR (Oct 7): Economic Affairs Minister Datuk Seri Mohamed Azmin Ali said today Khazanah Nasional Bhd is identifying assets for sale as Malaysia's sovereign wealth fund aims to reduce its debt to between RM35 billion and RM40 billion as soon as possible.

OSAKA (Oct 5): Malaysia Housing and Local Government (KPKT) Minister Zuraida Kamaruddin and the Mayor of Izumisano City in Osaka, Hiroyasu Chiyomatsu expect S P Setia Bhd’s upcoming mixed development in Izumisano City to create economic benefits for both countries.

It seems a large number of property owners have been disturbed by the current Real Property Gains Tax (RPGT) and they are hoping to see it reduced or removed, according to a poll conducted by EdgeProp.

KUALA LUMPUR (Oct 4): The Ministry of Housing and Local Government (KPKT) has collected a total of RM672,000 from the 42 exhibitors taking part in the Home Ownership Campaign (HOC): Affordable Homes Exhibition being held from Oct 4 to 6 in Kuala Lumpur, as special rebates to be given to buyers.

PETALING JAYA (Oct 4): The Association of Valuers, Property Managers, Estate Agents and  Property Consultants in the Private Sector Malaysia (PEPS) is urging the government to review the current Real Estate Property Gains Tax (RPGT) so it can have a positive impact in stimulating  the country’s  housing market.

KUALA LUMPUR (Oct 4): The East Coast Rail Link (ECRL) — which is anticipated to have a civil works subcontract value of RM9 billion to RM11 billion — is likely to be the only source of immediate new order book for contractors in the upcoming Budget 2020 despite timing risks for new contract awards, says CGS-CIMB Research.

问：一些住户想要把他们的单位以短租的方式出租，物业管理单位可以阻止他们吗？ 答：2015年分层管理（维护和管理）法令第三附录中，并没有明文指出短租是不被允许的。不过，根据2013年分层管理法令的第70（2）条，管理机构（MC）可以通过常年会议，让居民表决是否接受短租。若接受，这将成为该住宅大楼的附加细则，以规范细分建筑物或土地和公共财产的控制、管理、使用和享用。这些附加条例对管理层、业主、租户和占用者具有约束力。 有鉴于此，管理机构可召集临时大会通过特别决议，禁止业主进行任何短租活动，并可进一步通过决议，对违反该规定的任何业主征收每日最高RM200的罚款。 通过制定这两项附加条例，管理机构可阻止业主进行短租活动，并对违规者征收每日RM200的罚款。   问：我们的公寓有两栋住宅大楼。其中一栋是政府可负担房屋计划下的Rumahwip，而另一栋则是在开放市场销售的较大与高级的单位。管理机构是否应该向两栋大楼的居民征收同样的管理费呢？ 管理费、储备金和其他维护和管理公共空间财产的费用，是根据份额单位（share unit）来计算的。 根据2013年分层管理法令的第一条，份额单位是根据好几个原因，包括每户单位的大小而定的。 既然另一栋大楼的单位面积较大，所以很自然地份额单位也会比可负担房屋大楼来得高。换句话说，可负担建筑所贡献的管理费，会比另一栋大楼少。   Chris Tan是Chur Associates的创办人兼管理合伙人。他也是2019年EdgeProp 大马优质产业管理大奖（EdgeProp Malaysia’s Best Managed Property Awards 2019）的评委，以及EdgeProp.

TOKYO (Oct 3): It is time to incorporate smart, sustainable and wellness technologies into public housing in Malaysia to enhance the health and quality of life of their residents, said Housing and Local Government (KPKT) Minister Zuraida Kamaruddin.

  REALIDADE, Brazil (Oct 3): Deforestation in Brazil’s Amazon almost always begins with a road, which brings logging, ranching and eventually commercial farming and towns in its wake.