News about rent

JOHOR BAHRU: The Johor government’s decision to hike quit rent in the state this year has come under criticism from a lawmaker.

SEREMBAN (Jan 3): It might have attained city status on the first day of the new year but fear not, Seremban (pictured) folk, assessment and quit rent rates will stay the same.

KUALA LUMPUR (Dec 26): A firm owned by the Selangor State Development Corp (PKNS) and Andaman Group is suing Parkson Corporation Sdn Bhd (PCSB) for allegedly failing to pay rent for a retail space in EVO Shopping Mall in Bangi.

GEORGE TOWN (Dec 13): Penang’s stratified property owners: you have until May next year to pay the parcel rent for 2019.

PETALING JAYA (Dec 3): Kuala Lumpur’s office rents recorded a 2.

SUBANG JAYA (Nov 29): It looks like even local councils have to endure nightmare tenants.

PETALING JAYA (Nov 4): Key industry stakeholders have raised concerns over the high rates resulting from the introduction of parcel quit rent for stratified properties.

PETALING JAYA: A property developer said the government should address the issue of affordable housing by driving the construction of housing and renting out of units, Free Malaysia Today (FMT) reported today.

KUALA LUMPUR (Oct 25): Pavilion Real Estate Investment Trust’s (REIT) net property income fell 3.

PETALING JAYA (Oct 11): The government has announced the introduction of a Rent-to-own (RTO) financing scheme to help prospective first-time homebuyers who are unable to afford the initial 10% deposit or the financing for the purchase of a home under RTO schemes.