The challenge of housing a nation
The right to shelter is an inalienable basic human right.
A holistic approach to work
How often do you hear of a real estate agency that provides an in-house gym in order to promote work-life balance among its staff? Located in Petaling Jaya, the headquarters of Hartamas Real Estate Sdn Bhd not only has a gym studio but also karaoke facilities for its employees.
Government should provide land near MRT stations for affordable homes, says Rehda
PETALING JAYA (Nov 2): The government should consider setting aside 50% of the land near Mass Rapid Transit (MRT) stations for affordable homes, the Real Estate and Housing Developers’ Association Malaysia (Rehda) said, Bernama reported today.
80% of the Core SoHo Suites Tower B units taken up
PETALING JAYA (Oct 31): KIP Group’s latest development — Core SoHo (Small-office Home-office) Suites in Kota Warisan, Sepang, is well-received with 80% of Tower B’s units taken-up, according to the group’s director Valerie Ong.
The mushrooming of co-working spaces
The advancement of technology has given rise to more flexible working arrangements and workplace innovations such as remote working, co-working spaces and teleconferencing.
Is Starhill Global REIT still as bright?
SINGAPORE (Nov 1): DBS Vickers Securities is maintaining its “buy” call on Starhill Global REIT (SGREIT) with an unchanged target price of 87 Singaporean cents, while CIMB Securities is reiterating its “hold” call on the REIT, lowering its target price from 86 cents previously to 81 cents.
Number of overhang and unsold homes may come down in the next few months
KUALA LUMPUR (Nov 1): Overhang and unsold housing units may see a gradual decline over the next few months on the back of decreasing new launches in the market, said National Property Information Centre (Napic) property market sector deputy director Aina Edayu Ahmad (pictured).
PR1MA loan applicants’ Account 2 to be ring-fenced
KUALA LUMPUR (Nov 1): The Employees Provident Fund (EPF) said applicants of the “step-up” end-financing scheme for the 1Malaysia People’s Housing Programme (PR1MA) — which was announced in Budget 2017 — will not be able to make any other withdrawals from their EPF Account 2, at least not until their PR1MA loan is settled.
Pavilion REIT casts an eye over greenfield projects
Pavilion Real Estate Investment Trust (PavREIT) may be looking at buying developmental projects, possibly Pavilion Bukit Jalil and Pavilion Damansara Heights, taking advantage of the new guidelines proposed by the Securities Commission Malaysia (SC), which will allow the participation of REITs in greenfield projects.
New stakeholder emerges in Toyo Ink
After a series of acquisitions over the past two months, privately held Pembinaan Maju Wangi Sdn Bhd has accumulated almost 12.
