ZADC
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
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