KUALA LUMPUR (March 25): Kuala Lumpur City Hall (DBKL) today introduced the ‘Rental Arrears Settlement Service Scheme’ to address the problem of rental arrears by tenants of its Public Housing (PA) and PPR units.
KUALA LUMPUR (March 20): KLCCP Stapled Group Bhd is anticipating rental reversion in the financial year ending Dec 31, 2019 (FY19) to stay at about 1% to 2% as in FY18, given the now challenging environment.
To property owners eyeing rental income, finding a reliable tenant in a short time is important to maximise rental yield as the longer the property is left empty, the higher the holding cost such as monthly instalments and maintenance fees, for the owner.
KUALA LUMPUR (Jan 9): City Hall (DBKL) has suspended indefinitely all applications for the reservation of parking bays in Kuala Lumpur.
PETALING JAYA (Nov 27): Average office rents in Kuala Lumpur city centre declined slightly by 0.
PETALING JAYA (Sept 29): Property investors should consider diversifying their portfolio into alternative assets such industrial properties, offices and shops, rather than concentrating all their investments in a single type of property, according Axis REIT Managers Bhd head of investment Siva Shanker.
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.