News about state

  BALIK PULAU (June 11): The first low-cost rent-to-own (RTO) housing units for the poor have been rolled out by the Penang government.

  KUALA LUMPUR (June 4): The Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) has weighed in on the issue of PropTech companies allegedly performing illegal real estate brokering by urging PropTech companies to comply with existing legislation.

  KUALA LUMPUR (May 30): High Court judge Datuk Indera Mohd Sofian Abd Razak has set Aug 19 for case management of a litigation over the title of the 106.

  KUALA LUMPUR (May 29): The hearing for the merits of Semantan Estates (1952) Sdn Bhd’s claims to retain beneficial interests and cause to transfer ownership of 106.

  PETALING JAYA (May 21): The Malaysian Institute of Estate Agents (MIEA) will welcome Lim Boon Ping, Kim Realty’s director of training and development as president on July 1.

  BUTTERWORTH (May 21): The Seberang Prai Municipal Council (MPSP) will speed up its infrastructure development plan following its upgrade to city council status.

  PETALING JAYA (May 6): In order to maintain the roads better, the Penang state government is applying to convert federal roads into state roads.

KUALA LUMPUR (May 4): Tower Real Estate Investment Trust is  “reinventing” itself via co-working and co-living spaces, reported The Edge Malaysia recently.

  KUALA LUMPUR (April 30): Axis Real Estate Investment Trust (REIT) net property income increased 24% for the first quarter ended March 31, 2019 (1QFY19) to RM48.

  HONG KONG (April 24): The heir to the biggest real estate agency in Hong Kong does not own a house.