The Edge: Imposing a tax on unsold and vacant properties will be a disaster

Aug 23

It was recently reported that a vacancy tax on unsold properties may be imposed on property developers to reduce the overhang.

Let justice be seen to be done

Aug 14

I just recently learnt from an international arbitration news site that the Malaysian government had reached an amicable settlement with the estate of Boonsom Boonyanit, a Thai national, some time in October 2018.

Report: Hong Kong's Kwok family loses US$8b in a single year

Aug 05

KUALA LUMPUR (Aug 5): The Kwok family’s Sun Hung Kai Properties “has seen its fortune shrink by almost US$8 billion (RM33.

SMA should define duties of JMB/MC committee members

Jul 24

PETALING JAYA (July 16): The Strata Management Act (SMA) should be reviewed to include the duties and responsibilities of strata building management committee members and chairman, urged Sri Penaga Condominium Management Corporation (MC) past chairman Khaw Chay Tee.

Note to developers: Reconsider building strategies post pandemic

Jul 24

PETALING JAYA (July 16): Developers should rethink their building strategies for high-rise strata properties especially in terms of density in relation to safety and disaster management issues.

Ireka signs demerger agreement with Aseana Properties

Jul 16

KUALA LUMPUR (July 16): Ireka Corp Bhd has signed definitive agreements with London Stock Exchange-listed Aseana Properties Ltd to undertake a demerger exercise which involves separating the interests of Ireka Group from Aseana, where the former held a 23% stake in Aseana.

DBE Gurney to beef up affordable housing arm

Jul 14

KUALA LUMPUR (July 14): DBE Gurney Resources Bhd, soon to be known as Lagenda Properties Bhd, will be significantly scaling up its affordable housing development arm by acquiring the developer of two housing projects.