ZADC
Subdued property market means it’s a tenant’s market
Last year was a challenging year for the property market, especially with both high-end condominiums and offices witnessing remarkably subdued activity. In its summary of market highlight for the second half of 2016 and the outlook for the current year, global property firm Knight Frank Malaysia (KFM) said homebuyers... Read more
Trouble brewing for China developers in M’sia?
Beijing’s intensified crackdown on capital flight could spell trouble for China-based developers active in Malaysia, especially down south in Johor’s Iskandar Malaysia region where they are involved in major large-scale projects. Though the Chinese government’s move has little impact on sales operations on our shores, it puts many of... Read more
Marginal growth forecast for property sector
After languishing in negative territory for a prolonged period, the property sector could now see 10 per cent growth in transaction volume over the next 24 months, according to international property consultancy Rahim & Co. The firm said subdued growth in all property sectors in the next 12 to... Read more
KL still top choice for commercial developments
… BUT THAT COULD CHANGE IN THE NEAR FUTURE BY Chris Prasad The nation’s capital remains the favoured focal point for commercial investment and development in the country, says global property consultancy Knight Frank Malaysia. It said KL has seen the lion’s share of investments and development in the commercial... Read more
Sunway unveils first pre-fab luxury home
Sunway Property, the property arm of Sunway Bhd, completed the country’s first luxurious pre-fabricated home, Sakura Residence in Sunway Iskandar, Johor Bahru. The project, a joint venture with Daiwa House Malaysia Sdn Bhd, is located within Sunway Iskandar’s Parkview Precinct and will be a private gated community with a... Read more
Rehda: Best time to buy in Johor
Bucking mainstream opinion, the Real Estate and Housing Developers Association (Rehda) has come out to say that there is no better time to buy in Johor than now. Despite the ongoing economic uncertainties that have slowed the property market in the southern state, the association points out that many of... Read more
Counteractions against counterfeit commitments
BY Prisca Teh Buyers of the Alpinia double-storey terrace houses in the Bandar Putra Kulai township within Iskandar Malaysia, Johor, were unhappy upon handover when they discovered numerous unexpected defects in their homes. Highlighted in Property360 three weeks ago, the buyers had signed on the dotted line with high hopes... Read more
Johor: New devt charge on the cards
The Johor state government plans to impose a development charge on property projects carried out here. Bernama reported, it would be levied on the applicant if a development project was approved for conversion of land use, which changed the floor area, compactness and density, and thus would raise its... Read more
A question of reputation

A question of reputation

Issues October 13, 2016

WHAT HAPPENS WHEN A DEVELOPER OF REPUTE FALLS ON THE WRONG SIDE OF QUALITY? WELL, IT GETS A LITTLE MESSY *This article first appeared in the Real Spaces section of The Malay Mail newspaper on 07/10/2016 BY Prisca Teh Premium brands are expected to spell quality and reliability. Inadvertently though,... Read more
No freeze on malls in Johor
Despite speculation that there could be a freeze on retail centres in Johor due to oversupply concerns, the state government has stated that it is not considering such a move. Johor Housing and Local Government committee chairman Datuk Abdul Latiff Bandi explained that a freeze would send the wrong... Read more