PETALING JAYA (May 15): Election pledges made by the new Pakatan Harapan (Pakatan) government regarding affordable housing and the property market at large may hurt the industry as the new government seeks to further control the market which could potentially prevent its self-correction, said Institute for Democracy and Economic Affairs (Ideas) senior fellow Dr Carmelo Ferlito.
KUALA LUMPUR (May 14): Enra Group Bhd has disposed of its 70% stake in property development firm Landmark Zone Sdn Bhd (LZSB) for RM5.
PETALING JAYA (May 14): Property consultancy Savills Malaysia expects housing prices to firm up in 2019, with real estate developers only able to increase supply by early 2020, following renewed confidence in the market from the new government’s promise of clean and fair governance.
KUALA LUMPUR (May 12): The key to strata living is how well the property is managed because the condition of the building will significantly determine the value of your investment, said EdgeProp.
KUALA LUMPUR (May 12): It is important to take responsibility of the strata residence that you live in and be prepared to be a management committee (MC) member to serve the community conscientiously, honestly and impartially, said Sri Penaga management corporation chairman Khaw Chay Tee at EdgeProp.
KUALA LUMPUR (May 12): Every year, 50 to 80 people perish in fires, and many lives and properties have been lost due to faulty fire-fighting equipment in the buildings they live, work and spend time in.
PETALING JAYA (May 11): The Master Builders Association Malaysia (MBAM) is expecting better communication between construction companies and the Pakatan Harapan government to resolve issues faced by industry players, especially small-sized contractors, Bernama reported today.
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