News by Edgeprop.my

The contract was awarded by Persada Mentari Sdn Bhd, an indirect subsidiary of Eastern & Oriental Bhd (E&O).

TA Global Bhd has launched a new Grade-A strata office tower, The Arden in Bandar Sri Damansara, Selangor. The commercial site, with a gross development value (GDV) of RM446 million, is slated for completion in 2Q2028.

Malaysians in Melbourne celebrated Hari Raya Aidilfitri at an open house hosted by the Consulate General of Malaysia on April 5.

DC Healthcare Holdings Bhd is acquiring a three-storey end-lot shoplot in Puchong, Selangor, for RM8 million to secure a permanent office space and reduce reliance on leased premises.

Building defects is one of the most common issues in Malaysia’s property landscape, says a law expert, so homeowners should just make use of the legal provisions to claim their rights. 

Policy makers are working together with legal experts to refine legislations to address issues that have arisen in strata management, especially in regards to multiple-phase developments, says a Malaysian law practitioner.

Noteworthy:

• Built-up size: 2,800 sq ft
• Fully-furnished
• 2 bathrooms
• Nearby amenities: MRT Semantan, Pavilion Damansara Heights, Damansara City Mall, Help University, KPJ Damansara Specialist Hospital, Pantai Hospital KL
• Accessibility: SPRINT-Damansara and Kerinchi Links, LDP,  Jalan Duta, Jalan Semantan, Jalan Tuanku Abdul Halim

When: February 2025

The National Housing Department is revising the Strata Management Act to enhance governance and close accountability gaps, with full implementation expected by 2026.

Noteworthy:

• Freehold
• Built-up size: 2,100 sq ft
• Land size: 1,300 sq ft
• Semi-furnished
• 5 bedrooms, 4 bathrooms
• Nearby amenities: The Mines Shopping Mall, Bukit Jalil National Stadium, Columbia Asia Hospital-Bukit Jalil, IMU University-Bukit Jalil
• Accessibility: MEX, Sungai Besi Expressway, Lebuhraya Bukit Jalil, Kuala Lumpur-Seremban Expressway, SILK

When: February 2025

The properties, each consisting of a three-storey shopoffice building with a land area of approximately 163 sq m, have an audited net book value of RM1.77 million each as of Dec 31, 2023.