News about property

The assets — previously owned by a 50:50 joint venture with a Japanese consortium — consolidates Sime Darby Property’s ownership of the logistics assets, the company said in a statement.

While Foo’s article raises important questions about the challenges in strata property management, the proposed separation of roles and regulatory bodies is not a viable solution.

“While financial affordability measures the monetary burden of owning a home, social affordability focuses on its appeal based on proximity to efficient transportation systems and the availability of job opportunities.

In particular, developers with growing recurring income and investment portfolios may see rising investor interest, the research house said in a sector note.

The property developer’s bourse filing on Wednesday announcing the redesignation did not disclose the reason behind the boardroom change.

It is interesting to note that currently, there is a critical lack of PMs (companies as well as individuals) registered by BOVAEP.

The new proposal also requires FSPs to verify the actual purpose of the financing by requesting supporting documents from the financial consumer before treating additional financing as home financing.

The scope of the contract encompasses comprehensive main infrastructure works, including roads, drainage systems, water reticulation, sewerage, KUALA LUMPUR (Dec 16): Advancecon Holdings Bhd (KL:ADVCON) has bagged a main infrastructure work contract worth RM44.

OSK Amanjaya Sdn Bhd, a wholly owned subsidiary of OSK Property, is buying the land, located north of Sungai Petani, from Central Kedah Properties Sdn Bhd.

In the first half of 2024, KL's commercial property market witnessed a remarkable surge, with transaction volume increasing by 45.