Tengku Adnan denies accusation he transferred state land
KUALA LUMPUR (May 18): Tengku Adnan Tengku Mansor (pictured) has denied the allegation that he transferred state land to private developers.
Pan Borneo Highway to continue
PETALING JAYA (May 18): The 706km-long Pan Borneo Highway (pictured) — which links project will be continued, with an audit reviewing its cost of construction to be conducted, said Sarawak Party (DAP) chairman Chong Chien Jen.
A three-step problem-solving method to common issues in strata living
Unrectified defects, stubborn owners who refuse to comply with house rules, late issuance of strata titles, inter-floor leaks — these are some of the issues that may bring grief to strata residential owners.
Enhance your property’s value with a well-maintained landscape
With rising demand for lifestyle living, property developers today are placing more focus on landscaping in their projects.
The power of the management committee
Being a member of the management committee of a management corporation (MC) is no walk in the park.
OCR plans mixed development of RM700m GDV in Johor
KUALA LUMPUR (May 18): OCR Group Bhd is planning a mixed development on 47.
SunCon 1Q net profit up 6% despite precast drag
KUALA LUMPUR (May 18): Sunway Construction Group Bhd’s (SunCon) net profit in its first quarter ended March 31, 2018 (1QFY18) grew 6% year-on-year (y-o-y) to RM35.
DONE DEAL: Retail lot at mezzanine floor, Ampang Point Shopping Centre, Selangor
Rented for: RM20,000 (RM8 psf) Concluded by: Michael S L Wong (REN 09493) of Dynamic Realtors (012-519 8688) When: December 2017 Noteworthy: ● 2,500 sq ft ● Mezzanine Floor of Ampang Point Shopping Centre ● Tenant invested RM100,000 for renovation ● Three-year fixed term with option to renew for another three-year term ● Location is central and surrounded by office crowds According to Michael S L Wong of Dynamic Realtors who concluded the deal, the tenant is none other than Cozy Corner Restaurant, formerly of Ampang Park Shopping Centre, which closed its doors on Dec 31 last year.
Property consultants expect positive effect from zero-rated GST measure
PETALING JAYA (May 17): With zero-rated Goods and Service Tax (GST) beginning next month, property consultants expect it to be a fresh lead that encourages purchasers to end the wait-and-see approach and make their buying decision.
Maybank Investment: GST zero rate positive but needs more clarity
PETALING JAYA (May 17): Although the imposition of the zero-rated Goods and Service Tax (GST) came earlier than expected, Maybank Investment Bank views the latest announcement by the new Pakatan Harapan (Pakatan) led government as a positive move which could spur the earnings growth of the property development industry.
