News about property

KUALA LUMPUR (Nov 1): The Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP), which is currently giving a one-year window period for any person with property management experience to be registered as a property manager, expects the number of registered property managers to increase from the current 3,000 to 6,000 by year-end.

PETALING JAYA (Oct 31): The Malaysian Institute of Estate Agents (MIEA) supports the call for the creation of a separate board made by the Malaysian Institute of Professional Property Managers and Facility Managers (MIPFM) president Sarkunan Subramaniam recently.

KUALA LUMPUR (Oct 31): Property prices will definitely have to adjust in the near term to cater to the softening demand, said Sime Darby Property Bhd's chairman Tan Sri Zeti Akhtar Aziz.

PETALING JAYA (Oct 31): The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) has rebuked a proposal to separate board to register and regulate property, facility and strata managers as property management is interrelated with other professions.

KUALA LUMPUR (Oct 29): Mah Sing Group Bhd's Savanna Executive Suites @ Southville City project has emerged as the sole winner of The Edge Malaysia Affordable Urban Housing Excellence Award 2018 at The Edge Malaysia Property Excellence Awards 2018 (TEPEA) which was held tonight.

KUALA LUMPUR (Oct 29): S P Setia Bhd president and CEO Datuk Khor Chap Jen attributed the "strong and dynamic Team Setia" for making the property developer "the best of the best" in the industry once again.

KUALA LUMPUR (Oct 29): S P Setia Bhd has again been ranked the No 1  property developer in the country, the third consecutive year that it has taken the top spot of The Edge Malaysia Top Property Developers Awards (TPDA) 2018.

PETALING JAYA (October 29): There is no need to establish a separate board to register and regulate property, facility and strata managers as the three professions are already being regulated by different bodies, said the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP).

KUALA LUMPUR (Oct 29): Last week saw a flux of quarterly earnings released by local real estate investment trusts (REITs) with most reporting a growth in their net property income (NPI), sparking optimism for a recovery in the sector that has long been plagued by concerns over oversupply, weak demand and the like.

PETALING JAYA: Budget 2019 will continue to be geared towards affordable housing policies.