News about accommodation

KUALA LUMPUR (Feb 13): The Ministry of Tourism, Arts and Culture (MOTAC) will cease registration of Short Term Residential Accommodation (STRA) beginning this Saturday (Feb 15) to facilitate regulation of STRA activities in the country.

KUALA LUMPUR (Nov 1): Sunway Bhd is buying three purpose-built student accommodations in the UK, collectively worth some RM202.

KUALA LUMPUR (Nov 1): Sunway Bhd is buying three purpose-built student accommodations in the UK, collectively worth some RM202.

KUALA LUMPUR (Oct 17): Sunway Bhd is establishing a private trust in Singapore with an initial £38 million (about RM202 million) of assets under management (AUM) that focuses on purpose-built student accommodation in the UK.

KUALA LUMPUR (Aug 20): Singapore’s owner-operator of purpose-built workers accommodation (PBWA) Centurion Corp Ltd is expanding in Malaysia, which will include a new asset in Johor that offers 3,600 beds by next year.

Q: Some residents want to rent out their units for short-term accommodation.

KUALA LUMPUR (Nov 6): Hospitality player Low Yat Group today urged the Government to regulate short-term stays to curb the issue of accommodation oversupply in the hospitality and tourism industry.

KUALA LUMPUR (April 3): We have all heard of Sugar Daddy stories where sexual favours are given in return for presents or cash but the housing crisis in urban centres of the United Kingdom (UK) has given rise to the phenomenon of landlords getting sex by offering rent free accommodation.

PETALING JAYA (March 27): Average accommodation prices paid in six prominent travel destinations in Malaysia have increased by 4% to 19% y-o-y in 2017, in line with a global uptrend last year.

STUDENT accommodation, once considered a niche sector, has emerged as one of the most sought after.