News about rent

PETALING JAYA (Sept 7): High demand for housing in China has prompted newly-built or newly-renovated apartments to be put on the market before cancer-causing formaldehyde fumes have enough time to dissipate, reported the BBC.

PETALING JAYA (August 24): Short-term accommodation rentals of homes in the Klang Valley are being pegged as the new venue of choice for raves, wild parties which may feature drug-use, loud music and alcohol consumption.

IJOK (Aug 18): LBS Bina Group Bhd today official launched the third phase of its latest township project – Alam Perdana in Ijok.

KUALA LUMPUR (Aug 14): The new Johor government will continue and even improve the state’s rent-to-own housing programme started by the previous Barisan Nasional state administration.

PETALING JAYA (July 26): As residential property leasing market becomes challenging in the Kuala Lumpur city centre due to oversupply, Knight Frank Malaysia observed more owners turning to short-term leasing for higher yield in 1H18.

KUALA LUMPUR (July 25): Malaysia has to strengthen the legal framework of the local rental market to nurture renting as a viable alternative to homeownership, said Messrs Amir Toh Francis & Partners advocate and solicitor Ivan Chan.

SHAH ALAM (July 25): A briefing was conducted on the new Shah Alam individual quit-rent during a seminar attended by joint management bodies (JMB) and management committees of stratified buildings in Shah Alam.

LONDON CITY ISLAND (July 17): Property developer EcoWorld London is in talks with private pension funds and insurance companies for the sale of projects in 6 of its 12 active project sites, said EcoWorld International Bhd (EWI) president and CEO Datuk Teow Leong Seng.

PETALING JAYA (July 12): Two more projects in Penang are applying to be able to sell their units via the rent-to-own scheme, reported The Star.

KUALA LUMPUR (July 11): Johor Bahru MP Akmal Nasrullah Mohd Nasir has revealed that there is unfair allocation of low-cost and medium low-cost flats to squatters in the Johor Bahru area.