JMBs and MCs advised to comply with SOPs during pandemic
Chur Associates founder and managing partner Chris Tan: If you want the authority to exercise discretion, you have to be reasonable. If you are supposed to renew certificates within the MCO (Movement Control Order) period but you can’t do it, you need to show you had tried to do so and have the evidence to prove that for instance you contacted the authority via phone call, email or registered post.
Guess who are the new "landlords" of the F&B industry?
One may be able to negotiate the rental of a space and save on rent but on the other hand, F&B players are now forced to rely and spend on delivery services.
重点报道:提振房地产市场 发展赏吁再推HOC
“HOC有效地提高市场需求和减少现货。我们要求政府展延HOC,因为这是有助减低发展商和房屋买家支出,且提振市场购兴的方法,而报告书的数据也证明了这是个有效的办法。“
Market recovery thrown off by Covid-19
For the property industry, like most sectors which were considered non-essential, business came to almost a standstill during the full MCO period. If not for the Covid-19 outbreak, the 2019 market performance could have indicated a light at the end of the tunnel for a property market which has been in a slowdown since 2015/16.
Bangi's gaining ground
Some of the notable developers in Bangi are IOI Group, Sunway Group, MKH Bhd, Mah Sing Group and UEM Sunrise Bhd.
Developers continue push for HOC extension
To provide a much needed boost to the property sector in light of the current downturn amid the Covid-19 pandemic.
Penang reduced serviced apartment overhang by 50% in 2019
The overhang situation in the serviced apartment / SOHO sub-segment in Penang saw marked improvement last year, with only 69 overhang units worth RM91.31 million recorded in 2019 compared with 141 units worth RM119.61 million in 2019.
Johor residential property transactions grew in 2019
The state’s primary residential market also saw the launch of 9,711 units, up by 4.5% as compared to 9,294 units recorded in 2018.