Keeping buildings fit and healthy
The word “sustainable” is often heard in the real estate and property management industry.
The standard-setter in sustainability
It would be remiss to talk about smart, sustainable and wellness (SSW) developments without mentioning Desa ParkCity (DPC) Kuala Lumpur, because the township is an exemplary model of SSW.
Hua Yang sales in Penang, Johor, Klang Valley seen on track
Hua Yang Bhd (Oct 24, 33 sen) Maintain market perform with a lower target price (TP) of 33 sen: The first half of financial year 2020 (1HFY20) core net profit (CNP) of RM4.
RAM Ratings revises outlook for Widad's RM110m sukuk to 'positive'
KUALA LUMPUR (Oct 25): Widad Group Bhd said RAM Ratings has revised its outlook for Widad Capital Sdn Bhd’s sukuk murabahah programme of up to RM110 million in nominal value, to positive, from stable.
Putrajaya: RM1,000 psf is final and best offer for Kg Baru land
KUALA LUMPUR (Oct 24): The government has announced that its final and best offer to buy Kampung Baru land is RM1,000 psf, with RM150 psf being in the form of shares, say reports today.
Different maintenance rates allowed for MC, so why not JMB, says BMAM and PPK
PETALING JAYA (Oct 24): The Court of Appeal’s ruling to disallow Joint Management Bodies (JMBs) to charge different rates of service fees for different components within mixed-use developments is based on a strict interpretation of the Strata Management Act 2013 (SMA) and the Strata Management (Maintenance and Management) Regulations 2015, said Building Management Association of Malaysia (BMAM) and the Malaysia Shopping Malls Association (PPK).
Reclaimed land handover to Penang state has begun
PETALING JAYA (Oct 24): The handing over of reclaimed land off Gurney Drive to the Penang government has begun.
RM6.2b for tolled highways better spent elsewhere, says economist
KUALA LUMPUR: Economist Muhammed Abdul Khalid criticised the finance ministry’s decision to acquire four urban tolled highways for RM6.
Let the property market adjust itself, economist says on price threshold
KUALA LUMPUR (Oct 24): Economist Muhammed Abdul Khalid said the government should not adjust the price threshold for foreigners to buy houses and let the property market adjust itself, according to a report today in Free Malaysia Today.
