News about property

Despite the lack of spaces specifically dedicated to youth, young adults should take a proactive approach to claiming public spaces.

The proposed Real Property Development Act will cover mixed developments, including retail and commercial properties, the Ministry of Housing and Local Government said in a statement over the weekend.

“Not only does the Act acknowledge the importance of property rights while also addressing the need for urban renewal, it also proposes a balance between these two needs, ensuring that redevelopment efforts are fair and beneficial to all involved.

Civil proceedings should be commenced to recover the millions in waived penalties, as the developer had unfairly benefitted from the sale of these properties and had obtained “unlawful enrichment”.

JLL Malaysia head of research and consultancy Yulia Nikulicheva highlighted that vacancy in the logistics sector fell to 4%, down from 4.

"If the Fed stays on hold for longer, or the unwinding of fuel subsidies sends inflation too high, BNM may be content to keep the OPR at 3%.

Situated just 800m from the upcoming LRT3 Stadium Shah Alam station, BAYU @ Mori Park is a mixed-use development featuring serviced apartments and commercial components such as flexi suites and retail lots.

The project is expected to include seafront suites, retail outlets, wellness areas and office spaces.

Transaction volume also dropped by 6.

We need improved data representativeness, accessibility, and interpretability to make informed decisions on the property market.