Want to solve the affordability problem? Build up the rental market, says lawyer
PETALING JAYA (Sept 21): A lawyer has advocated for the rental market to be strengthened with more comprehensive laws that sets the terms of a tenancy agreement and address disputes between the landlord and tenant as a way of easing the pressure of making homes affordable on the public sector.
Knight Frank: KL office rental market may worsen
KUALA LUMPUR (Sept 13): Kuala Lumpur’s office rental market has recorded the steepest decline in the Asia Pacific region in 2Q2018, according to Knight Frank’s Asia-Pacific Prime Office Rental Index for 2Q2018.
Formaldehyde kills, sickens Chinese tenants as demand for new homes soars
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.
Homestays are where the party's at
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.
LBS officially launches third phase of Alam Perdana
IJOK (Aug 18): LBS Bina Group Bhd today official launched the third phase of its latest township project – Alam Perdana in Ijok.
Johor to improve rent-to-own housing scheme
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.
KL city centre's tight leasing market pushing owners to short-term rentals
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.
‘Rentals can be a viable alternative to homeownership’
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.
Quit-rent to be billed to Shah Alam high-rise unit owners
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.
