IT is no secret that stratified high-rise buildings are likely to form the bulk of new buildings in the future, especially in the city where land for development is shrinking every day while its population continues to grow.
MANY homeowners or property investors think that once they have signed the Sales and Purchase Agreement or when a project they bought has been completed, that marks the end of their worries.
MANY people think that their well-renovated homes which are secured with window grilles are a safe sanctuary for them to live in, but they may not realise that the fancy renovations and fixed grilles can kill them under certain circumstances.
STRATA living is synonymous with service charge collection, but many homeowners are reluctant or even refuse to pay their service charges.
WOE betide a property that is managed under the wrong hands.
KUALA LUMPUR (April 14): S P Setia Bhd, Permodalan Nasional Bhd (PNB) and Amanahraya Trustees Bhd (as trustee for Amanah Saham Bumiputera) have entered into a non-binding Memorandum of Intent to commence negotiations on the proposed acquisition of I&P Group Sdn Bhd by S P Setia.
SINGAPORE (April 14): Ascott Residence Trust (ART), through its wholly-owned subsidiary Zenith Residences Tokyo Tokutei Mokuteki Kaisha (Zenith TMK), has agreed to divest its trust beneficiary interests (TBI) of 18 rental housing properties under Zenith TMK’s portfolio in Tokyo, Japan, for 12 billion yen (approximately S$153.
THE weekend of April 1 and 2 marked 2017’s first new residential project launch from Vietnam — RichLane Residences, Mapletree Investments’ maiden condominium project in Ho Chi Minh City.
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