KUALA LUMPUR (Feb 16): There are currently no registration forms for Airbnb hosts to register their properties with municipal authorities, despite amendments having been made to the Tourism Industry Act recently to extend registration requirements to all homes, said Airbnb.
To property owners eyeing rental income, finding a reliable tenant in a short time is important to maximise rental yield as the longer the property is left empty, the higher the holding cost such as monthly instalments and maintenance fees, for the owner.
KUALA LUMPUR (Feb 15): Real estate players are of the opinion that the 1km stretch closure to vehicles along Jalan Tuanku Abdul Rahman (TAR) would raise shop tenancy rates and revitalise the historical shopping thoroughfare.
PETALING JAYA (Feb 15): Property surveyors are predicting that UK's housing market will experience the most pervasive decline in prices since February 2011 in the next three months as the Brexit approaches without an acceptable transition deal in sight, reports Reuters.
GEORGE TOWN (Feb 15): Following a fall off the ferry during the journey from the Penang Island to the mainland, a passenger is feared to have drowned.
Neo 200, a CBD tower block located in Melbourne was damaged in a blaze, and residents have been told it may take up to a year before they can return to their apartments.
BUKIT JALIL: Having been rather quiet over the last two years, property developer Berjaya Land Bhd is expecting a busy 2019 with several development projects planned for launch this year.
KUALA LUMPUR (Feb 15): Sunway Real Estate Investment Trust (REIT) announced a net property income (NPI) of RM104.
KUALA LUMPUR (Feb 15): Selangor Properties Bhd (SPB) has received the go-ahead from shareholders for it to be taken private, after approving the selective capital reduction (SCR) and repayment exercise launched by the Wen family, who owns a 68.
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