News by Tan Ai Leng

 Nearly half of the respondents surveyed by international market research firm YouGov are not buying property in the next three years because they cannot afford it.

Damai Citra is the last phase of the landed development in Alam Damai. There are a total of 68 units in this gated community.

According to David Kong, president and CEO Best Western Hotels & Resorts, the company has looked into the segmentation of boutique hotels and realised that there are needs for boutique products in the broad midscale segment, and GLō has the potential to fill the market space.

This township in Selangor has seen very strong housing price growth over the years. More upside is expected in the future when the LRT extension of the Ampang Line is completed. It is also expected to gain from the growth of its neighbours — Bukit Jalil and Puchong.

It looks like a win-win deal but read the fine print to avoid future problems.

Most countries are aware of the potential disasters and take initiatives to construct disaster prevention infrastructure, and this effort should be continued even after the project is completed, said Japan's Kyoto University professor of disaster prevention research institute Dr Hirokazu Tatano.

A memorandum of understanding (MOU) will be signed between both organisations within the year to promote the idea of sustainable infrastructure projects.

Construction companies need to invest in both software and human capital training to implement BIM in their projects, said CIDB chief executive officer Datuk Sri Judin Abdul Karim at a press conference at National BIM Day today.

“The companies that secured new projects recently and need to import raw materials may see their margins getting thinner. The worst case scenario is they may face losses if they fail to manage their costs well,” said MBAM president Matthew Tee.