Innovate to stay relevant in the real estate industry
KUALA LUMPUR (Oct 14): Embracing innovation is a crucial survival tip to staying relevant in the real estate industry, said the winners of the MIEA National Real Estate Awards (NREA) 2017.
NREA 2017 awards gala dinner honours industry stars
KUALA LUMPUR (Oct 14): The Malaysian Institute of Estate Agents (MIEA) recognised the luminaries among real estate agents, negotiators and practitioners at its annual MIEA National Real Estate Awards (NREA) tonight.
ABM refutes Rehda claims over end-financing challenges
PETALING JAYA (Oct 9): The Association of Banks in Malaysia (ABM) has refuted allegations that homebuyers are finding it tougher to obtain housing loans and that loan approval times are increasing.
DONE DEAL: Desa Green serviced apartment, Taman Desa, Kuala Lumpur
Sold for: RM555,000 (RM594 psf) Concluded by: Wong Hor Yan (REN 18777) of 1TPE Realty Sdn Bhd (016-324 8307) When: June 2017 Noteworthy: ● Freehold ● Built-up area: 935 sq ft ● 3-bedroom and 2-bathroom unit ● Low floor unit ● One car park ● Partly furnished and minor renovated ● Facilities: children’s playground, wading pool, gymnasium, leisure pool, main lap pool, multi-purpose hall, open terrace and sauna Located at Jalan Desa Bakti at Taman Desa, Desa Green serviced apartments is a high-rise development by UOA Group.
Extension for project delivery possible, says housing minister
PETALING JAYA (Oct 5): Developers who are not able to deliver their residential projects on time may request for an extension of an additional 12 months from the original 36 months, provided no sale and purchase agreement has been signed, said Minister of Urban Wellbeing, Housing and Local Government Tan Sri Noh Omar.
House prices will not come down — but sizes will
PETALING JAYA (Oct 5): Housing prices will definitely not go down as elements of property development such as land cost and development charges keep increasing, said a group of panellists.
LBS Bina outlines six proposals for Budget 2018 to boost property sector
KUALA LUMPUR (Oct 4): Property developer LBS Bina Group Bhd has outlined six proposals for the upcoming Budget 2018, which it believes will benefit, in particular, first-time homebuyers, the property industry as well as the entire Malaysian economy.
DONE DEAL: Urbana Residences serviced apartment, Ara Damansara, Petaling Jaya
Sold for: RM625,000 (RM775 psf) Concluded by: Joseph Lim (REN 20125) of Hartamas Real Estate (OUG) Sdn Bhd (010-225 6293) When: May 2017 Noteworthy: ● Built-up: 807 sq ft ● Mid-level unit facing southwest ● 2-bedroom and 2-bathroom unit ● Leasehold ● Partly furnished with wardrobe, kitchen cabinet, hob and hood, washer and dryer, water heater and air-conditioning units Urbana Residences is one of the newest serviced apartment projects in Ara Damansara, Petaling Jaya.
Damansara Realty bags RM5m contract renewals from TM
KUALA LUMPUR (Sept 28): Damansara Realty Bhd has secured the renewal of five contracts from Telekom Malaysia Bhd for integrated facilities management (IFM) services worth RM5 million.
Rehda hopes Budget 2018 addresses these three key issues
PETALING JAYA (Sept 28): The Real Estate and Housing Developers’ Association (Rehda) hopes the government will seriously consider three key areas, namely financing, cost of doing business and the GST exemption, said president Datuk Seri FD Iskandar Mohamed Mansor.
