MPDP (Penang Edition): Developers urged to rethink strategies in selling bumi lots
“Developers often don’t even have dedicated bumi sales staff or marketers, so the message gets lost with prospective buyers.
“Developers often don’t even have dedicated bumi sales staff or marketers, so the message gets lost with prospective buyers.
Distinctively built to complement its picturesque surroundings, Park Regent is a carefully crafted luxury condominium project situated on the precious parcel next to the Central Park and Central Lake of the international award-winning township of Desa ParkCity in Kuala Lumpur.
The YPLab 2025 winning group’s representative, Najat Amer Nordin, 36, stated their core idea was to activate the Kampung Pasir Baru bund from a dead space into a living infrastructure.
On Thursday, an eviction operation in Kampung Sungai Baru turned chaotic, leaving Dang Wangi police chief Sulizmie Affendy Sulaiman bloodied as he was reportedly struck by a flying object as authorities blocked villagers from re-entering their own neighbourhood.
Phase 1 will see BYD as the anchor investor at KLK TechPark with a 150-acre facility.
Low also underscored the statutory role of the sinking fund under the SMA, cautioning against its misuse, and recommended clearer maintenance schedules such as repainting every six years and waterproofing every 10 years.
Serai Bukit Bandaraya, Kuala Lumpur condo unit sold for RM8.
The call follows the release of the National Property Information Centre’s market snapshot for the first half of 2025 (1H2025), which highlighted weak absorption of new residential launches and a growing overhang in the high-rise segment.
Napic Property Market Report 2024 shows a strong rebound in both the volume and value of property transactions since the outbreak of the Covid-19 pandemic, but increases in property transaction volume and value may not necessarily indicate a good market sentiment.
Unless substantial amendments are made or both legislations are forthwith withdrawn, they risk undermining property rights, community participation, and the democratic governance of the city of KL.