Lendlease, an international real estate group headquartered in Australia, believes that people search for homes that meet their lifestyle needs. Thereafter, good property management recognises and ensures residents enjoy these needs consistently, effortlessly, and in safe conditions.

Their appointments were finalised after REHDA elected its new national council members for the 2022-2024 term into office last Saturday (July 16) following the association’s annual delegates conference on the same day.

According to Tong, the expo will offer a wide range of properties, from affordable housing units to high-end/premium units. “This is an opportunity for everyone and we strongly encourage people who are still looking to buy properties to come to the expo, as properties can be a good hedge against inflation because property values over time tend to stay on a steady upward curve.”

Datuk Seri Michael Yam has been appointed as the new president of The Chartered Institute of Building (CIOB) for the 2022/2023 term.

“Kuala Lumpur is set to embark on an important planning policy direction through its new "Kuala Lumpur City Plan 2040". Moving forward, Kuala Lumpur and other major cities will need to plan and prepare a comprehensive blueprint to face challenges resulting from the new normal in terms of climate change, technology disruptions and demographic changes, to name a few, in order to continue building a resilient urban future with a good quality of life for its people,” said WCSC 2022 organising chairman Chan Jin-Wy in a press statement dated June 24.

“The nature of proptech is such that its solutions are end to end. Functional silos often seen in many real estate companies constrain the end-to-end solutions that proptech has to offer. A single solution may require multiple stakeholders to agree,” said EdgeProp’s Ong.

However, there may be times when the developer is unable to deliver the project within the stipulated date in the SPA. As a homebuyer, you have a right to claim compensation for the late delivery through the Liquidated Ascertained Damages (LAD) clause in your SPA.

What does all this mean for those who have bought properties that are now being built?

Will they get a property that has been build according to the specifications spelt out in the sales and purchase agreement? Would all the building processes be executed the way they should be?

Both parties agree to establish linkage and co-operation to maximise the utilisation of their resources through mutual cooperation and sharing of expertise in education, training and promotion to raise the profile and recognition of professional management in construction and projects for the benefit of the industry, its clients and society at large.