KPKT minister: Only four developers can carry out build-then-sell concept
Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican said only four developers can do this because they have strong financial positions
DONE DEAL: Condominium unit at One Ampang Avenue, Ampang, Selangor
Noteworthy:
● Leasehold
● Built-up: 1,256 sq ft
● Four bedrooms, three bathrooms
● Facilities: Indoor pool, infinity swimming pool, children playground, sauna, gymnasium, mini market, free covered parking, 24-hour security, tennis courts, squash court and a badminton hall
When: April 2021
Unfair to apply same maintenance rate on all parcel owners of mixed development – Burgess Rawson responds to High Court ruling
The High Court ruled that 1 Mont Kiara dan Kiara 2 MC had committed an error of law in imposing charges contrary to the expressed powers under Section 60(3) SMA.
Fight breaks out at queue into Paris' 'Squid Game' pop-up store
It was reported that some visitors took seven hours to get inside.
DONE DEAL: Single-storey terraced house at Taman Salak Selatan, Kuala Lumpur
Noteworthy:
● Freehold
● Land size: 3,037 sq ft
● Built-up: 1,300 sq ft
● Three bedrooms, three bathrooms
● Semi-furnished corner lot unit
When: July 2021
VPEX 2021 webinar EP 3: Malaysia remains a preferred destination for industrial investment
Although there are many choices in the region, such as Thailand, Singapore and Indonesia, for users who are looking for new sites for their factories, most of them will choose Malaysia
Rubberex in joint collaboration to develop, operate Empire City Mall
Rubberex announced its collaboration with Alliance Premier Sdn Bhd, EXSIM Holdings Sdn Bhd and JT Momentum Sdn Bhd through a joint venture company Alliance Empire Sdn Bhd
CORE Residence @ TRX achieves 70% take-up rate
The development comprises two serviced residence towers and one service apartment tower
Provision of affordable housing: Mandatory policy should be ‘relooked’, says Rehda
President Soam Heng Choon: Rehda is in support of the policy, but when the supply of this housing category has exceeded demand, or they are not favoured or taken up in certain locations, the policy should be reviewed to suit the current needs
KL Eco City receives MSC Cybercentre status
“This latest status and the additional benefits will offer our tenants more networking opportunities and business enhancements to further their organisation’s objectives and partnerships, giving them a competitive edge to compete globally,” said S P Setia Bhd executive vice president Tony Ling.
