It is only legal if…

News January 21, 2016

By Roznah Abdul Jabbar The recent judgement concerning the legality of boom gates and security check points in housing areas has rekindled an age-old dispute: are private housing areas allowed to cordon off public roads for better security? In a recent case, a judgement by the Federal Court, dismissed the appeal of Au Kean Hoe, a... Read more
GuocoLand celebrates topping out of Damansara City
GuocoLand (Malaysia) Bhd’s held a topping out ceremony for its flagship development Damansara City earlier this week, marking the completion of the final tower within the RM2.5 billion integrated project. Located in KL’s upmarket Damansara Heights district, Damansara City is poised to be a new icon for the locale... Read more
Don’t blame the banks

Don’t blame the banks

News January 21, 2016

By Roznah Abdul Jabbar Home seekers these days are seeing their home-ownership hopes dashed by a range of obstacles, and fingers have been pointed in various directions as to who is to blame for the current situation. Banks, in particular have been copping most of the flak, being criticised... Read more
Big players going small

Big players going small

News January 21, 2016

Developers are looking to focus on the affordable market this year, heeding the call for more supply in this segment. KUALA LUMPUR — Property developers are expected to explore the affordable market this year as it will be where the demand is. Knight Frank Research said that the market... Read more
PROPERTY investment is a common investment plat­form in Malaysia but the trend is often driven by new properties, where the attention on the primary market is significantly higher than the secondary market. However, Datuk Ng Se­ing Liong, past president of Real Estate and Housing Development Association (REHDA) and MD of... Read more
Disturbed sleep for Airbnb users
By Roznah Abdul Jabbar KUALA LUMPUR — The recent eviction of Henry Ikezi, a tenant staying under Airbnb in New York, the United States, has raised fresh concerns over the legality of the businesses transacted under the popular online portal. Recently, Airbnb, a platform that allows homeowners to list their homes for shortterm rental,... Read more

Tricky outlook for 2015

News January 21, 2015

The year 2015 could very well turn out to be a similar to 2014 in terms of property transactions, which has been dubbed “a dull year” by a CIMB Research report. CIMB Head of Research Terence Wong said that the research arm believes the pick-up in buying momen­tum will continue... Read more
1MALAYSIA Development Bhd (1MDB) has appointed a Dubai-based banker, Arul Kanda as President and Group Executive Director with immediate effect, the company announced this week. Chairman of 1MDB, Tan Sri Datuk Seri Lodin Wok Kama­ruddin said the appointment is part of a transition plan. “Arul succeeds Mohd Ha­zem Abd Rahman,... Read more