Mah Sing Group Berhad presented its Group strategy, financial updates, key projects updates and the property industry’s macro outlook during a press briefing at the 11th Invest Malaysia 2015 (IMKL) here. The group emerged as the biggest listed property developer by domestic sales value in Malaysia in 2014, charting... Read more
By Roznah Abdul Jabbar It could be uncharacteristic to categorise housing markets according to political alignments of the cities, but economist Jed Kolko says that there is a correlation between political leaning and the availability of affordable housing. Based on a research in United Stated cities, Kolko claimed that... Read more
By Roznah Abdul Jabbar Despite the economic headwinds, both Malaysian banks and property developers are resilient to possible shifts in sentiment and falling property prices, according to Moody’s Investors Service. Moody’s Senior Vice President Stephen Schwartz said that Malaysia can expect a soft landing for property prices, supported by... Read more
Kwasa Land Sdn Bhd, a wholly-owned subsidiary of the Employees Provident Fund, announced this week that the R3-2 Project in Kwasa Damansara has been awarded to Impiana Land & Development Sdn Bhd. Project R3-2, an 8.79-acre mix residential development in the 2,330-acre Kwasa Damansara, is expected to draw immense... Read more
Kwasa Damansara residential development shortlist 21 developers KUALA LUMPUR — Kwasa Land Sdn Bhd, a wholly owned subsidiary of the Employees Provident Fund (EPF) and the master developer of the 2,330-acre Kwasa Damansara has announced the 21 tier-two developers that have successfully prequalified for its next Request for Proposal... Read more
Iskandar moving steadily despite slower momentum
By Pavither Sidhu Iskandar Malaysia, the nation’s southern growth corridor, has been making headlines with concerns of a slowdown of late. However, Iskandar Regional Development Authority (IRDA), the statutory authority mandated to plan, promote and facilitate the development of Iskandar, has downplayed fears of a looming property glut. The company’s chief executive officer Datuk Ismail Ibrahim said... Read more
TH PROPERTIES Sdn Bhd recently launched the first phase of its residential devel­opment named Hundred [email protected] in its 5,119-acre Bandar Enstek in Negeri Sembilan. Its senior manager of mar­keting and sales Mohd Adlee Yusof said Hundred [email protected] enstek offers affordable spa­cious homes, which is tar­geted at professionals and young families... Read more
Kuala lumpur — The long-awaited implementation of the Strata Management Act 2013 (SMA), or Act 757 received a glimmer of hope recently when the Deputy Prime Minister Tan Sri Muhyiddin Yassin stated that the enforcement of SMA is to be made known soon. The annoucement, which was made at... Read more
KUALA LUMPUR — The appeal for a reconsideration of the Goods and Services Tax (GST) Act on stratified properties managed to get a toehold in via a reply received from the Tax Division Secretary of the Ministry of Finance (MOF). In the letter, the Ministry said it will be... Read more

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