BOVAEA: Bogus property agent risking people’s life savings

PETALING JAYA (June 8): A fresh crop of fraud cases involving illegal property brokers making headlines have prompted the Board of Valuers, Appraisers, and Estate Agents Malaysia (BOVAEA) to issue yet another warning to the public against dealing with such agents as they put their life’s savings at risk.

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Hektar REIT allocates RM20m to upgrade Landmark Central

KUALA LUMPUR (April 25): Hektar Real Estate Investment Trust (REIT) will continue its mall enhancement initiatives this year, allocating RM20 million to increase the overall net lettable areas (NLA) of Landmark Central in Kedah by 20,000 sq ft to 300,000 sq ft.

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UK and Australian academics to present papers at IRERS

PETALING JAYA (April 8): The International Real Estate Research Symposium 2016 (IRERS) organised by The National Institute of Valuation (INSPEN) will see several eminent professors from the UK and Australia presenting papers based on the theme of this year’s symposium – Leading the Way: Innovation in Real Estate.

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‘Mortgage rejection rates not as high as 50%’

KUALA LUMPUR (April 8): Malayan Banking Bhd (Maybank) president and chief executive officer Datuk Abdul Farid Alias (pictured), who is also chairman of the Association of Banks Malaysia (ABM), refuted claims that the rejection rate of housing loans has soared above 50% among the banks.

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