News about AI

Rented for: RM20,000 (RM8 psf) Concluded by: Michael S L Wong (REN 09493) of Dynamic Realtors (012-519 8688) When: December 2017 Noteworthy: ● 2,500 sq ft ● Mezzanine Floor of Ampang Point Shopping Centre ● Tenant invested RM100,000 for renovation ● Three-year fixed term with option to renew for another three-year term ● Location is central and surrounded by office crowds According to Michael S L Wong of Dynamic Realtors who concluded the deal, the tenant is none other than Cozy Corner Restaurant, formerly of Ampang Park Shopping Centre, which closed its doors on Dec 31 last year.

KUALA LUMPUR (May 17): While the Council of Eminent Persons, set up under the new Pakatan Harapan (PH) government, met heads of infrastructure projects yesterday, it is “business as usual” for the East Coast Rail Link (ECRL) project, a project spokesman told reporters.

Gabungan AQRS Bhd (May 15, 88 sen) Maintain buy with a target price (TP) of RM2.

PETALING JAYA (May 15): Election pledges made by the new Pakatan Harapan (Pakatan) government regarding affordable housing and the property market at large may hurt the industry as the new government seeks to further control the market which could potentially prevent its self-correction, said Institute for Democracy and Economic Affairs (Ideas) senior fellow Dr Carmelo Ferlito.

KUALA LUMPUR(May 15): Sarawak state infrastructure facilitator Cahya Mata Sarawak Bhd (CMSB) saw its net profit for the first quarter ended March 31, 2018 (1QFY18) surge 50.

KUALA LUMPUR (May 12): There is no one set of guidelines that suits all kinds of property management, so property owners and residents need to stay alert and keep learning more about property management to ensure their property are in good hands.

KUALA LUMPUR (May 12): With more people living in communal developments, issues and disputes are also increasing, thus bringing a lot of headaches to stakeholders of the sector, particularly homeowners.

KUALA LUMPUR (May 12): Property developers usually shy away from the topic of property management because they are reluctant to face the issues of homeowners but this has to change, said Real Estate and Housing Developers' Association (Rehda) Institute chairman Datuk Jeffrey Ng.

KUALA LUMPUR (May 12): Before deciding to purchase a property with fancy landscaping, one should consider future landscape maintenance and upkeep, said Praxcis Design Sdn Bhd director Low Chee Leong.

PETALING JAYA (May 11): The Asian Strategy and Leadership Institute (Asli) co-founder, director and CEO Tan Sri Michael Yeoh (pictured) believes that proposals set out by the Pakatan Harapan (Pakatan) coalition in their manifesto are achievable, good ideas which can accelerate the building of affordable housing.