DBKL suspends bids for reservation of parking bays
KUALA LUMPUR (Jan 9): City Hall (DBKL) has suspended indefinitely all applications for the reservation of parking bays in Kuala Lumpur.
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.
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.
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.
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.