News about property

PETALING JAYA (Nov 7): Tropical Island Resort Sdn Bhd (TIRSB) has entered into a joint-venture agreement with Q Islands Development Sdn Bhd (QID), a subsidiary of Ideal Property Group, to redevelop the Jerejak Rainforest Resort & Spa and the 80 acres of land owned by TIRSB on the island.

PETALING JAYA (Nov 4): Malaysia's property transactions recorded a drop in volume and value for the period from January to September this year.

KELANA JAYA (Nov 2): Housing prices  could only come down to the affordable level if all stakeholders were  willing to work together to bring down the development cost, said Rehda (Real Estate and Housing Developers’ Association) Institute chairman Datuk Jeffrey Ng Tiong Lip.

KUALA LUMPUR (Nov 1): Overhang and unsold housing units may see a gradual decline over the next few months on the back of decreasing new launches in the market, said National Property Information Centre (Napic) property market sector deputy director Aina Edayu Ahmad (pictured).

随着全球愈加重视绿色能源与燃料使用，电动汽车也越来越普及化，从而推高电动汽车充电站的需求。 根据Malaysian Green Technology Corp（GreenTech Malaysia），目前在市面上售卖的电动汽车分别有Nissan Leaf、 Renault Zoe、 Renault Twizy、 BMW i8、 Volvo XC90和Mitsubishi i-MiEV。 去年，这些电动汽车的销量按年大涨103.

SINGAPORE (Oct 25): Frasers Property Australia, a unit of Frasers Centrepoint Ltd, has secured 974 Black Forest Road — a 115ha land parcel in Wyndham Vale, a suburb of Melbourne, Victoria, Australia — for an undisclosed sum.

PETALING JAYA (Oct 24): The Real Estate and Housing Developers’ Association Malaysia (Rehda) deputy secretary general Tan Ching Meng urged the government to extend the zero stamp duty to property transfers worth up to RM500,000 from RM300,000.

KUALA LUMPUR (Oct 21): Malaysian property managers should reinvent themselves and enhance their capacity to meet increasingly high market expectations, said DBKL property management and valuation department’s commissioner of buildings (COB) head Kamarulzaman Mat Salleh.

KUALA LUMPUR (Oct 19): A standard guideline on building maintenance should be developed among architects, developers and property managers, said Singapore’s Association of Property and Facility Managers president Dr Lim Lan Yuan (pictured).

KUALA LUMPUR (Oct 19): The management of some 70% of condominiums and apartments in Malaysia is considered to be “below par”, according to The Malaysian Institute of Professional Property Managers (MIPPM).