KUALA LUMPUR (May 6): Gamuda Land, the property arm of Gamuda Bhd, welcomed new tenants to its Quayside Mall and an international school to its Quayside Tower, through a memorandum of understanding (MOU) signing ceremony on April 25, according to a press statement on Monday. Both the mall and the tower are part of the…
Read MoreWong (left) and Teh taking a photo with the scale model of one of the units. SEPANG: IOI Properties Group (IOIPG) celebrated the groundbreaking for Senna Puteri, its newest township spanning 117 acres in Klang Valley South. Sited near Bandar Baru Salak Tinggi, Senna Puteri leverages on the group’s strategic landbank, with connectivity to the North-South Expressway…
Read MoreContributed by Datuk Chang Kim Loong THE Strata Management Tribunal was created following the Strata Management Act 2013 (SMA) which came into force on June 1, 2015. This quasi-judicial body is authorised to decide on disputes or complaints concerning the performance of duties and exercise of powers conferred or imposed by the Act. Parties bound…
Read MoreIn the realm of Malaysian rental payments, the illustrious Baby Boomers, hailing from the golden era between 1946 and 1964, reign supreme as the vanguards of high-value rent contributions. Their average monthly rental sum of RM2,120 eclipses that of the esteemed Generation X (Gen X), the stalwart descendants of the subsequent era of 1965 to…
Read MoreKUALA LUMPUR (May 2): UOA REIT, a trust which mainly manages commercial properties, said its net rental income fell 12.7% in its quarter ended March 31, 2024 (1QFY2024) due to lower occupancy rates and higher property operating expenses. Net rental income fell to RM18.48 million from RM21.17 million a year earlier, as gross rental dropped…
Read MoreKUALA LUMPUR (May 3): KL Wellness City Sdn Bhd, through KL International Hospital Sdn Bhd, has launched KL International Tertiary Hospital as part of the first phase of the KL Wellness City township in Bukit Jalil here on Thursday (May 2). In a statement on Thursday, KL International Tertiary Hospital will have an estimated development…
Read MoreShift is fueled by single and growing families By Joseph Wong In the ever-evolving landscape of real estate, trends come and go but a preference standing the test of time. This trend that has been gaining significant traction in recent years is the surging demand for terrace houses. Once overshadowed by other types of landed…
Read MoreWhether it is high-rise or landed, features promoting family bonding take precedence By Joseph Wong IF the StarProperty Awards 2024 Real Estate Developer Edition is taken as an indication of the importance of family-friendly homes, then the fact that 14 property developers are competing for the four sub-categories is indeed a telling sign. This is…
Read MoreA smaller unit in a smaller world By Yanika Liew As Malaysia sees a slowdown in population growth, families across the nation are getting smaller and smaller. Swap out the stereotypically large landed properties for high-rise units, because family homes may mean something different today. Between the necessity of space and privacy, architects navigate new…
Read MoreProperty developer EcoFirst Consolidated Bhd posted a net loss of RM5.5 million for the third quarter ended Feb 29, 2024 (3Q24), widening its nine-month net loss to RM28.9 million. In the same quarter, the Kuala Lumpur-based group saw its revenue jump more than 10 fold to RM45.3 million on the back of sales generated from…
Read More
