News about REA

  KUALA LUMPUR (Oct 25): The Malaysian Anti-Corruption Commission (MACC) has confirmed that former prime minister Datuk Seri Najib Razak and ex-treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah will be charged today with committing criminal breach of trust (CBT), with sources saying the offences include alleged misappropriation of RM6 billion that was used to settle 1Malaysia Development Bhd’s (1MDB) debts.

KUALA LUMPUR (Oct 22): Axis Real Estate Investment Trust’s (Axis REIT) net property income (NPI) grew 31% in the third quarter ended Sept 3, 2018 (3QFY18) to RM45.

KUALA LUMPUR (Oct 22): Tunku Mahkota Johor Tunku Ismail Ibrahim yesterday announced the “Rumah Impian Bangsa Johor” affordable housing scheme for Johoreans.

KUALA LUMPUR (Oct 22): The bulk of foreigners will not be allowed to buy homes (unless they are newly built apartments) in the rugby mad country starting from today.

KUALA LUMPUR (Oct 21): This year marks the 10th year since the National Real Estate Awards (NREA) was launched in 2009 to recognise excellence in the real estate industry, including real estate agents, real estate firms, real estate negotiators and probationary estate agents or valuers.

KUALA LUMPUR (Oct 21): The Housing and Local Government Ministry (KPKT) plans to work with relevant stakeholders to tackle the issue of more illegal brokers in Malaysia, said its Deputy Minister Raja Kamarul Bahrin Shah Raja Ahmad.

PETALING JAYA: The government should not implement new taxes on the real estate industry, especially counter-productive ones such as a vacancy tax, said the immediate past president of the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) Foo Gee Jen.

  SHAH ALAM (Oct 20): Many would think that their property is safe from fire is if a fire certification is issued to the building and the Fire and Rescue Department (Bomba) has endorsed the issuance of the certificate.

  SHAH ALAM (Oct 20): Like humans, buildings will go through the aging process over the years, but with the right mentality in managing the property, it can stay evergreen and continue to enjoy good value growth, said Architect Centre Sdn Bhd accredited architect and trainer Anthony Lee Tee.

  SHAH ALAM (Oct 20): How do you decide if an old property is worth investing in and what are the signs you look out for? According to Sri Penaga Management Corporation chairman Khaw Chay Tee, the management and maintenance of the property are key factors to consider.