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PETALING JAYA (July 25): While the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) president Foo Gee Jen believed the drafting a commercial development act and streamlining housing data by introducing a data input system are laudable, his concerns lie in their enforcement and execution.

KUALA LUMPUR (July 25): Malaysia has to strengthen the legal framework of the local rental market to nurture renting as a viable alternative to homeownership, said Messrs Amir Toh Francis & Partners advocate and solicitor Ivan Chan.

KUALA LUMPUR (July 25): The Ministry of Housing and Local Government (KPKT) national housing department director-general Jayaselan Navaratnam said the ministry is planning to draft a commercial development act as it realises the need to standardise the particular segment.

KUALA LUMPUR (July 25): The Ministry of Housing and Local Government (KPKT) has identified six agencies that will be involved in the establishment of a single entity to oversee and coordinate affordable housing development in the country, said the ministry’s national housing department director-general Jayaselan Navaratnam.

KUALA LUMPUR (July 25): JAKS Resources Bhd filed a fresh injunction in the Court of Appeal today to restrain two banks from releasing a RM50 million guarantee to Star Media Group Bhd.

SHAH ALAM (July 25): A briefing was conducted on the new Shah Alam individual quit-rent during a seminar attended by joint management bodies (JMB) and management committees of stratified buildings in Shah Alam.

成交租金：每月RM85,000（每平方尺RM1.

KUALA LUMPUR (July 24): The Federal Government has put on hold four mega projects in Perlis, said Menteri Besar, Datuk Seri Azlan Man.

KUALA LUMPUR (July 24): Dewan Bandaraya Kuala Lumpur (DBKL) has received a proposal to convert the institutional land status of the former HELP University student accommodation to commercial, which would pave the way for the development of a mixed-use commercial building.

KUALA LUMPUR (July 24): The Regent of Pahang Tengku Abdullah Sultan Ahmad Shah said he welcomed Putarjaya’s move to review the cost of the East Coast Rail Link (ECRL) mega project.