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Fajarbaru said the work is scheduled to begin on April 11 and will span nine months, with completion expected by Jan 10, 2026.

"By establishing a new Act, specifically for property managers, we aim to improve the quality of property management services in Malaysia, ensuring that the maintenance fees paid are properly utilised for things such as lift maintenance, parks, and even waste collection or sewerage system repair works.

Mont’Kiara SOVO unit with rental yield above 5% sold | DONE DEAL 3 plots of industrial land in Melaka sold in one deal | DONE DEAL Over a four-year period (2020 to 2024), Damansara Heights recorded a historic transaction volume of 250, with a total transaction value of RM1.

The second phase of the Idaman Cahaya development, Idaman Cahaya 2 comprises 872 out of 1,853 residential units in the township.

TSR said the contract was awarded by Kwasa Land Sdn Bhd, a wholly-owned subsidiary of the Employees Provident Fund (EPF).

“Mohd Iskandar brings extensive expertise in corporate strategy, risk management, financial planning and property investment management across multiple sectors.

Additionally, it will manage existing commercial facilities, including restaurants and kiosks, while retaining all related income.

As non-profit entities, JMBs/MCs/RAs are not subject to corporate tax.

According to Kerjaya Prospek's announcement to Bursa Malaysia, the contract covers the execution and completion of a foundation piling system and pile caps, the construction of a basement and two levels of lower ground and all associated site works and earthworks for the proposed two blocks of 52 storey service apartments.

At the same time, the three-member bench, led by Datuk Lee Swee Seng, will also deliver its decision on a cross-appeal by Semantan Estate over an earlier High Court decision in 2021, to not allow the transfer of the land to the company, owing to the presence of the government buildings there.