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PETALING JAYA (May 17): With zero-rated Goods and Service Tax (GST) beginning next month, property consultants expect it to be a fresh lead that encourages purchasers to end the wait-and-see approach and make their buying decision.

KUALA LUMPUR (May 17): MRCB-Quill REIT (MQREIT) saw its net property income (NPI) for the first financial quarter ended March 31, 2018 (1QFY18) fell by 7% to RM34.

PETALING JAYA (May 17): Hillcrest Gardens Sdn Bhd today announced that with immediate effect, selling prices of its latest development, Hillcrest Heights @ Taman Puchong Utama, will be adjusted downwards by 3% to reflect the savings from the zero-rated Goods and Services Tax (GST) announced yesterday by the new government.

KUALA LUMPUR (May 16): Damansara Realty Bhd reported its second consecutive quarterly profit for the first quarter ended March 31, 2018 (1QFY18), with a net profit of RM1.

KUALA LUMPUR (May 14): Enra Group Bhd has disposed of its 70% stake in property development firm Landmark Zone Sdn Bhd (LZSB) for RM5.

KUALA LUMPUR (May 15): New York is known for its high rents, but a recent report revealed that a tenant in Manhattan (pictured) was actually paying US$28.

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): Property developers usually shy away from the topic of property management because they are reluctant to face the issues of homeowners but this has to change, said Real Estate and Housing Developers' Association (Rehda) Institute chairman Datuk Jeffrey Ng.

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.