A river runs through it
Somehow, it seems particularly apt that acclaimed Bali-based architect Joost van Grieken’s home takes its name from the humble breadfruit tree or “pokok sukun”.
Klang Valley retail occupancy rate at 5-year low
KUALA LUMPUR (Dec 6): The average occupancy rate of retail space in the Klang Valley, which has been falling marginally over the last six years, is now hovering at a five-year low of 86%, said real estate services firm Nawawi Tie Leung Sdn Bhd (NTL).
IJM Corp and Sunway set up four-party consortium for KL-Singapore High Speed Rail
KUALA LUMPUR (Dec 5): IJM Corp Bhd announced today its wholly-owned IJM Construction Sdn Bhd has entered into a pre-bid agreement with three companies to participate in the tender for the Kuala Lumpur-Singapore High Speed Rail (HSR) project.
Johor to maintain RM1m floor on foreign property ownership
PETALING JAYA (Dec 4): Johor will maintain the current RM1 million minimum purchase price for foreign property ownership in the state, reported The Sun.
Underground land acquisitions now regulated nationally
PETALING JAYA (Dec 2): The National Land Council (MTN) has agreed to set a minimum depth for acquisition of underground land for development purposes, said Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi.
Gamuda Land and TM ink MoU for infrastructure and network services
PETALING JAYA (Nov 30): Gamuda Land and Telekom Malaysia Bhd (TM) had signed a memorandum of understanding (MoU) yesterday to provide infrastructure and related network services at its 89-acre Kundang Estates development in Kuang, Sungai Buloh.
‘Properties remain unaffordable’
KUALA LUMPUR (Nov 30): When measuring housing affordability, policymakers should take into account a person’s “lifetime” earning capability, instead of basing it on current income level, said Monash University senior lecturer Dr Jason Ng Wei Jian.
MIPPM: Unsold units also pose big problems for property management
KUALA LUMPUR (Nov 29): A high number of unsold property does not only affect property development, but also property management, says Malaysian Institute of Professional Property Managers (MIPPM) president Sarkunan Subramaniam, commenting on the recently released 1H property market performance by the National Property Information Centre.
Malaysia is far from ready for prop tech, says MIPPM
KUALA LUMPUR (Nov 29): Malaysia’s property management sector is still far from being ready to embrace property technology (prop tech), said Malaysian Institute of Professional Property Managers (MIPPM) president Sarkunan Subramaniam.
Sungai Besi Air Force Base relocation to start next month
PETALING JAYA (Nov 29): The relocation of the Sungai Besi Air Force Base — which will be redeveloped into the Bandar Malaysia project — is scheduled to begin next month, said the Ministry of Finance.
