In Depth

Possible reshuffle in WCT business directive

Last month, WCT’s long-serving managing director Peter Taing Kim Hwa and co-founder Wong Sewe Wing, through their vehicle WCT Capital Sdn Bhd, divested their 245.72 million WCT shares or 19.67% stake to Dominion Nexus Sdn Bhd, a company linked to Lim. The shares were crossed at RM2.50 each.

Realising a collective vision

A man on a mission with great ambitions for his state, Penang Chief Minister Lim Guan Eng is all smiles as he strides into his office in Komtar. His solid handshake embodies his steadfast commitment to bringing competent, accountable and transparent governance to the state since he assumed office in 2008.

Prices rise marginally on secondary market

Property prices on Kota Kinabalu’s secondary market have been rising over the last five years, albeit at a marginal rate, observes Rahim & Co branch manager Max Sylver Sintia when presenting The Edge/Rahim & Co Kota Kinabalu Housing Property Monitor 3Q2016.

From backwater to property hot spots

Typically, when prime land in the city centre becomes scarce, fringe areas become the next natural target for both investors and developers. Besides the “location, location, location” mantra, there are many benefits to reap from this move — high demand, good investment opportunities and readily available amenities and infrastructure.

Co-agency arrangements — trending now in a slow market

Recently, there has been a rising trend in the real estate industry where real estate agents join hands to seal a deal. From what used to be every man for himself during better times of the market, the current slow market has prompted many real estate agents and negotiators from different agencies to work together.