The current debate on the property management-building management issue can be examined from the public policy perspective.

Glomac Bhd (KL:GLOMAC) is currently in talks with respective parties to venture into the waste-to-energy business, as part of its plan to seek new sources of revenue, according to group managing director and chief executive officer Datuk Seri FD Iskandar Mohamed Mansor.

The Real Estate and Housing Developers' Association (REHDA) welcomes the government’s efforts to provide adequate housing for the B40 group and aid aimed “specifically” for first-time homeowners.

An inheritance tax will only be a burden to the family’s heirs, and particularly stifling to lower income or middle-class children of well-to-do parents who would have to bear the possibly excessive tax they are suddenly ladened with due to the property they inherited.

The Selangor state government will exempt property developers from development charges for projects of several affordable housing schemes, including Rumah Idaman and Rumah Selangorku Harapan, effective January next year, according to Selangor state housing and culture exco Datuk Borhan Aman Shah.

“In Malaysia, about two-thirds of country's infrastructure right now is almost 15 to 20 years old and it does not meet the current building codes energy efficiency requirements or for that matter safety requirements."

Rehda Institute unveiled the third edition of its Strata Management Handbook titled Comprehensive Guide to Strata Living in Malaysia, highlighting sustainability, with sustainable real estate insights from GreenRE Sdn Bhd. The first two editions were published in 2018 and 2019 respectively.

This proposal undermines the existing well-established property management regulatory framework that has effectively governed the profession for over four decades. It would result in unnecessary duplication, potential inefficiencies in property management oversight, and a waste of public funds.

The enactment of the Urban Redevelopment Act will provide a more structured guidance to renewal efforts to rebuild urban areas.

The Malaysian property market exhibited mixed signals in the first half of 2024 (1H2024).