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Minister of Health officiates Adventure Park at Setia Eco Hill 2
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Semenyih: Setia EcoHill 2 welcomes a new extension to its township, the Adventure Park, which had been officiated by Dzulkefly last Saturday. According to the statement, an amount of RM3mil had been invested in the park, which stretches 17 acres wide, with its highest peak recorded at 120m above sea level. Around 95% of the trees at…

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Govt initiatives helpful for affordable housing
SkyWorld project SkyAwani2 topping off ceremony
NORAFIFI EHSAN / The Star  

By Hakim Hassan  KUALA LUMPUR: SkyWorld chief executive officer Datuk Ng Thien Phing believes that government assistance to reduce costs of construction would be helpful to create more affordable homes for the rakyat. He mentioned that reduction in terms of land cost, authority charges such as stamp duty, land premium charges, lease extension, authority contributions…

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Property hotspots along Kelana Jaya LRT line
Modern development is moving upward ... Highway and LRT track are building on top of one and another  .. Sam Tham/The Star  

Contributed by John Tan In the current slowdown of the property market where prices are stagnating and has become a prolonged buyers’ market, where are the hotspots which we can still consider investing in where we can hope to get steady rental and capital appreciation?    Along the LRT Kelana Jaya Line there are 37…

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Three-day MAPEX expo to offer incentives for buyers
(BRIEF CAPTION) Opening ceremony of the MAPEX and Home Ownership Campaign 2019 at Udini Square in Penang. With him is REHDA Penang Immediate past chairman Datuk Jerry Chan Fook Sing Pic by: ZHAFARAN NASIB/The Star / 7 February 2019.  

By Hakim Hassan PETALING JAYA: To encourage potential buyers to purchase a home, the Selangor branch of The Real Estate and Housing Developers’ Association Malaysia (REHDA) is set to organise the Malaysia Property Expo (MAPEX) 2019 under the Klang/Shah Alam Zone. REHDA Selangor Chairman and Rehda Malaysia vice president, Zulkifly Garib said the exhibition, happening…

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Surplus funds: Unneeded monies in the maintenance account of strata title buildings
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Contributed by property valuer Mary Lau heartofproperty@gmail.com In my first article, I wrote about protecting the sinking fund based on one of our motions brought forth to the Annual General Meeting (AGM) of one of my condominiums in Kuala Lumpur last year. Another motion that we tried to put into effect was on surplus funds….

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Repurpose old shopping centres for new uses
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Contributed by Henry Butcher Retail managing director Tan Hai Hsin Since 2016, there has been great concern of oversupply of retail space and failed shopping centres in Malaysia. In the United States and China, many of these deteriorated retail complexes (or commonly known as dead malls) remain empty for a long period of time. In…

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IQI Global collaborates with Common Ground to offer co-working space
A ground breaking collaboration: IQI Realty Sdn Bhd group CEO Kashif Ansari (two from left) and Common Ground Work Sdn Bhd head of operations Ru Sow during the signing ceremony yesterday.  

PETALING JAYA: Global real estate agency IQI Global is partnering with Common Ground Works Sdn Bhd, Malaysia’s largest leading co-working space, to market the communal workspaces. The signing ceremony between IQI Global group CEO Kashif Ansari and Common Ground Work Sdn Bhd head of operations Ru Sow took place in Common Ground, TTDI yesterday. “At IQI, our…

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Unity Realty targets RM5bil GDV for 2019
Unity Realty Sdn Bhd Unity Realty Sdn Bhd founder and chief executive officer Datuk Cat Chee (middle) and the team during the 7th Annual dinner.  

PETALING JAYA: Unity Realty Sdn Bhd recently organised its 7th Annual dinner at Genting International Convention Centre (GICC) to celebrate the company’s successful FY2018 and to appreciate the hard work and efforts of the agents over the years. In 2018, the company has sold 8,043 units valued at RM4bil gross development value (GDV), a 60%…

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LBS Bina Group aims to sustain RM1.5bil sales target in 2019
LBS to continue its focus on township developments and more affordable homes in 2019. LBS Bina Group Bhd group managing director Tan Sri Lim Hock San sharing the Group's direction for 2019.  

PETALING JAYA: LBS Bina Group will be maintaining its RM1.5bil sales target, despite the cautious market sentiment and a slower global economic growth in 2019. Recording RM1.5bil of sales last year, an increase from the RM1.4bil of sales in 2017, LBS is facing the fourth consecutive year of improved results with a strong 25% compounded…

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What are the duties and powers of the JMC?
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By Hakim Hassan hakim@thestar.com.my The Joint Management Committee (JMC) is an essential part of strata management to ensure that amenities are well kept for residents to enjoy. Under the Strata Management Act 2013, there are duties and also powers that are given to members of the JMC to run their operations smoothly. Below are some…

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