Ramada by Wyndham Meridin hotel in JB officially opens
Featuring 644 rooms, the hotel has the highest room count in South East Asia under the Wyndham Hotels & Resorts.
Featuring 644 rooms, the hotel has the highest room count in South East Asia under the Wyndham Hotels & Resorts.
MIPFM president Adzman Shah Mohd Ariffin: With the confusion caused by this recent ruling, occupants might delay their maintenance fee payments, subsequently affecting the management of the building.
The capsule hotel opened in 2014 at level 1 of klia2’s landside area. Due to ample demand, CapsuleTransit underwent two expansions in 2015 and 2017. It now offers 204 pods.
“It remains uncertain whether each particular state government will adopt the federal government’s proposal to lower the foreign buying threshold for condominiums and apartments in urban areas from RM1million to RM600,000 in 2020.”
“MBAM appeals to the government to quickly tender out and implement the projects so that the economic multipliers effect for the projects can be quickly felt by all the industry stakeholders.”
“The move could possibly bring an upward revision of market prices for those condominiums and apartments that are currently fetching between RM500,000 to RM600,000 in some places in Penang,” said Henry Butcher Malaysia (Penang) Asset Valuation executive vice-president for asset valuation Shawn Ong.
The concern is that reducing the threshold will allow foreigners to compete with local buyers, leading to pressure on house prices.
Sold for: RM2.80 million; Concluded by: Amy Wong (REN 30799) of Allhomes Properties Sdn Bhd (018-354 0010); When: May 2019
The HOC: Affordable Homes exhibition held at Nu Sentral, KL features 12,438 homes worth a total of RM 2.9 billion. All the homes are priced below RM300,000, targeting buyers in the M40 and B40 categories.
KPKT Secretary-General Datuk Sri Mohammad Mentek: The development started three months ago