Great toll deals for Gamuda but valuations have run ahead of fundamentals: AmInvesment
KUALA LUMPUR (Oct 14): AmInvestment Bank Bhd has maintained its "underweight" call on Gamuda Bhd at RM3.
Colours and smiles at PPR Lembah Subang 1 refurbished sports courts
Yellow, red, white and blue — inspired by the colours of the Malaysian flag — the newly-refurbished multipurpose sports courts of PPR Lembah Subang 1 are giving its residents something to cheer about.
Budget 2020: A bold move to address property overhang, says Knight Frank
PETALING JAYA (Oct 12): Knight Frank Malaysia in a statement today said the federal government's Budget 2020 announcement is a bold move aimed at the overhang of condominiums and serviced apartments amounting to RM8.
Choosing a property manager
To have a well-managed and well-maintained property, one would need to have a team of people to run the day-to-day operations of managing the property to ensure that it is always at its optimum.
PAM commends the initiatives proposed, but notes room for improvement
PETALING JAYA (Oct 11): The Malaysian Institute of Architects (PAM) is looking forward to the many new or revived development projects announced in Budget 2020 such the ECRL, Bandar Malaysia township, upgrading of airports, and Carey Island development to make Port Klang maritime centre and cargo logistics hub.
Impact of lowering foreign buying threshold depends on states
PETALING JAYA (October 11): While the move to bring down the buying threshold by foreign property purchasers would help spur interest from some foreign buyers, it is unclear how significant of an effect it will have, said Henry Butcher (M) Sdn Bhd chief operating officer Tang Chee Meng.
Don’t send the wrong message by helping dilapidated strata housing, says BMAM
PETALING JAYA (Oct 11): The government should be very careful in allocating funds to repair and refurbish low- and medium-cost strata housing as it could be sending the wrong message to the owners, warned the Building Managers Association of Malaysia (BMAM).
MIPFM: The real challenge of strata housing maintenance lies in the collection of maintenance charges
PETALING JAYA (Oct 11): While the government’s move to reinstate the maintenance of low and medium cost strata housing is laudable, it is likely that the state of these houses will fall back to square one if the real issue is not tackled, according to the Malaysian Institute of Property and Facility Managers (MIPFM).
Budget 2020: Still need more to stimulate property market, says Rehda
PETALING JAYA (OCT 11): The Real Estate and Housing Developers’ Association Malaysia (Rehda) hopes that more government incentives will be forthcoming to further spur the property market after the Home Ownership Campaign 2019 (HOC 2019) ends Dec 31, 2019.
