ZADC
UK survey: Harder than ever to get on property ladder
This may sound all too familiar. One in four young people in the United Kingdom think they will never own a home, according to a survey participated by 1,500 18- to 34-year-olds from across the country. They are pinning their hopes on inheritance to help them get onto the... Read more
RM52m interchange for future residents of Pantai Sentral Park
BY Zoe Phoon The Pantai Sentral Park interchange, when ready in 2018, will connect future residents of the Pantai Sentral Park township development directly to the New Pantai Expressway and onward to the commercial, retail and residential enclaves of Petaling Jaya, Kuala Lumpur, Bangsar and Mid Valley City. A... Read more
Self-healing concrete no longer science fiction
BY Zoe Phoon This may sound like something out of a sci-fi novel, but trust us when we tell you that self-healing concrete is not only a reality, it is expected to hit the market by this year. Concrete is the world’s most-used building material. However, cement production creates... Read more
Strata Management Tribunal:  Scope, Jurisdiction and Powers
BY The National House Buyers Association You have the Consumer Tribunal under the Consumer Protection Act, then the Tribunal for Home-Buyers Claims under the Housing Development (Control & Licensing) Act and here is an easy, cheap and speedy path to justice that an aggrieved party may seek without having... Read more
Alert! OPR rate hike on the cards
Market analysts foresee that the overnight policy rate (OPR) might go up by another 25 basis points (bps) before the end of the year. The latest to suggest that Bank Negara Malaysia (BNM) will consider this move is TA Securities Holdings Bhd, which said that the OPR will likely... Read more
Penang property transactions picking up
With the first quarter of the year coming to a close, the general consensus is that the market remains subdued following a harsh 2016. However, the Pearl of the Orient could prove that there is still some shine to it, as it is expecting to see some positive numbers... Read more
More affordability from Sime Darby
Leading developer Sime Darby Property (SDP) is showing its commitment to the Rumah SelangorKu housing scheme with a new project, dubbed Harmoni 1, which will take shape in Putra Heights in Subang Jaya, Selangor. The affordable homes high-rise project comprises 1,700 apartment units that will be priced between the... Read more
‘English style’ accommodation for UoRM students
University of Reading Malaysia (UoRM) has tied up with Eco World Development Group Bhd to provide student accommodation for undergraduates within the 270-acre Eco Botanic township in Iskandar Puteri, Johor. The two entities signed a memorandum of understanding (MoU) on March 24 for the provision of student accommodation via... Read more
BNM paints bleak picture for affordable housing
Malaysia’s central bank has consistently warned the development and construction industry about its ongoing misplaced focus and the lack of supply in the affordable housing category. For example, Bank Negara Malaysia (BNM) had previously criticised the incoming supply of residential properties as being “severely unaffordable” when compared against the... Read more
The Estate puts ‘vision’ front and centre
BY Chris Prasad In the lead up to the launch of The Estate, a RM650 million project in South Bangsar, developer Bon Estates Sdn Bhd put considerable effort into spreading its message of holistic and healthy living standards, as well as how modern aspirations are synonymous with emotive appeal.... Read more