News about EC

Is a developer still liable to rectify defects that appear way after the defects liability period (DLP)? According to Chur Associates founder and managing partner Chris Tan, the DLP is not a deadline to claim for defects and hence the answer is ‘yes’.

On a scale of 1 to 10 (with 1 being the best and 10 the poorest), Architect Centre accredited building inspector and trainer Anthony Lee Tee ranked most properties he has visited in Malaysia, a 7 to even 10.

The Covid-19 pandemic has caught everyone off guard and while we lament the changes that it has brought to our lives, it has also on the other hand, given us new options in the way we choose to work and live.

KUALA LUMPUR (July 16): Piling and foundation specialist Econpile Holdings Bhd has bagged a RM21.

KUALA LUMPUR (July 15): Impacted by a recognition of fair value losses on its investment properties, Glomac Bhd reported a net loss of RM8.

Rented for: RM5,000 per month (RM0.

KUALA LUMPUR (July 14): The Ministry of Health (MoH) reported four new Covid-19 cases today — all imported, involving three Malaysians and one foreigner — raising the country's confirmed infections to 8,729.

KUALA LUMPUR (July 14): Expatriates living within Malaysia are not allowed to go on holidays overseas, reported The Star today.

KUALA LUMPUR (July 14): Hong Leong Investment Bank Bhd (HLIB) has downgraded the Malaysian real estate investment trust (M-REIT) sector to neutral from overweight as the Covid-19 pandemic impairs REIT earnings across most assets.

KUALA LUMPUR (July 14): There are some issues of ineffectiveness, weaknesses and non-compliance in managing programmes, projects and activities, according to the Auditor General’s report.