Retirement villages have untapped potential in Asia
BESIDES urban regeneration of mixed-use integrated developments, Australian property giant Lendlease has also ventured into senior living, or retirement villages.
BESIDES urban regeneration of mixed-use integrated developments, Australian property giant Lendlease has also ventured into senior living, or retirement villages.
AUSTRALIAN property giant Lendlease’s maiden residential project in Singapore, the 429-unit Park Place Residences at Paya Lebar Quarter (PLQ), saw 215 units (50%) sold on the first day of sales on March 25.
PETALING JAYA (April 8): TheEdgeProperty.
PETALING JAYA (April 8): Property owners shouldn't neglect their responsibility in the management of a property considering the fact that it is one of their most valuable investments in their lifetime.
PETALING JAYA (April 8): There are several ways property owners can keep their property managers on their toes to ensure their property is well-managed, said Malaysian Institute of Professional Property Managers (MIPPM) president Sarkunan Subramaniam.
PETALING JAYA (April 8): One of the problems being a foreign property investor is security and safety concerns for the property that they have invested in, noted Singapore Association of Property and Facility Managers president Dr Lim Lan Yuan.
PETALING JAYA (April 8): Building Management Association Malaysia (BMAM) president Tan Sri Eddy Chen believes design is key to the long-term upkeep of a property and in maintaining its value.
PETALING JAYA (April 8): A community or strata property can only be managed well if the owners and residents share the right attitude about the importance of their role in managing the property, said DN Homeowners Bhd chairman, Andy Khoo.
PETALING JAYA (April 8): One in five of the high-rise properties around Kuala Lumpur City Centre (KLCC) is believed to be unsafe due to certain defects caused by shoddy workmanship, apathy and ignorance in property management, as well as lawlessness in the design of buildings, said Architect Centre Sdn Bhd accredited architect and trainer Anthony Lee Tee.
PETALING JAYA (April 8): Strata property owners should participate in the annual general meetings (AGM) held by their management councils in order to ensure their properties are managed well, said Chur Associates managing partner Chris Tan.