News by Chung Ying Yi

In a statement, Setia Awan Group central region chief operating officer James Bruyns said: “One of the key factors that contributed to the good response of Phase 1 was the My First Home Scheme programme that makes property ownership a seamless process for first time homebuyers. The project's strategic location and it being a transit-oriented development is another winning factor for the encouraging take-up rate. We foresee continued response from the market for the SOHO Suites 1.”

Paradox will make its debut in Vancouver, Canada, with its flagship hotel, Paradox Hotel Vancouver, set to open its doors in April this year. The brand will also be introduced in Southeast Asia, with Paradox Resort & Residences Phuket that was recently opened in January and Paradox Singapore Merchant Court at Clarke Quay in April. 

In a statement, Rehda acting president Datuk N K Tong (pictured) recognised the intention behind the proposed RTA that aims to facilitate some issues arising in the market. However, such an act should take into account the fact that not all tenants and landlords have the same needs and capabilities, and require different levels of protection, particularly tenants from the B40 group.

In a statement, Mah Sing chief executive officer of property subsidiaries Benjamin Ong said that the encouraging response from Erica Phase 1 showed that landed properties are still in high demand. It also proved that demand for affordably priced and good quality products in strategic locations will remain strong.

In a statement, central region executive director Chong Sau Min said the participating projects for the campaign include Sunway Artessa and Sunway d’hill Residences, with the others being Sunway Belfield, Sunway Velocity TWO and Sunway Serene. “With the campaign, we look forward to welcoming new residents to our new norm developments that are in high-growth areas to yield the best capital appreciation.”

In presenting its annual report on the review and outlook for the Malaysian property market in 2022 released on Jan 27, he stated that almost all sectors of the economy have been opened up and people have adjusted to the new normal of adhering to the SOPs. The uncertain and unstable political situation, with the changes in leadership of several State governments in recent months, however, remains a concern until a clearer picture emerges after the 15th General Election (GE15).

According to a statement on Thursday (Jan 27), Wong will be leading the team in a wide variety of consulting projects, alongside Knight Frank Malaysia executive director of research and consultancy Judy Ong.

The 19.24-acre KAIA Heights will feature four towers with a total of 924 residential units. The leasehold development will be launched in two phases. Phase 1 (Towers A — 30 storeys and B — 31 storeys with a total of 517 units) was launched in May last year and has achieved a take-up rate of 50%, while Phase 2 (Towers C — 28 storeys and D — 27 storeys with a total of 407 units) will be launched at end-2022.

According to a statement on Jan 10 (Monday), the RM350 million medical centre — known as Sunway Medical Centre Ipoh — will have 200 beds and it will open in 2024 to cater for the city’s growing population and serve the increased demand for tertiary medical care through a comprehensive cancer centre by focusing on women’s health and wellness lifestyle medicine.

Spanning over 85,000 sq ft and comprising a fresh food section, dry grocery area, wholesale section and a deli, NSK Grocer is the first-of-its-kind concept of modernising a traditional market setting furnished with a comfortable and pristine environment.