KUALA LUMPUR (Sept 24): The subsidence on Jalan Sultan Ismail in the federal capital, as shown in a viral video, was caused by a burst underground pipe that occurred early Monday morning, according to the Kuala Lumpur Fire and Rescue Department (JBPM). Its Operations commander Senior Fire Officer 1 Mohd Rozihafizam Othman said the department…
Read MoreKUALA LUMPUR (Sept 20): Integrated construction and property company PTT Synergy Bhd (KL:PTT) has acquired a semi-detached factory, together with a piece of land, in Sepang from Sime Darby Property Bhd (KL:SIMEPROP) for RM11 million. PTT Synergy’s wholly-owned subsidiary PTT Synergy Sdn Bhd entered into a sale and purchase agreement with Sime Darby Property (Serenia…
Read MoreBy Joseph Wong Integrated living, a concept that seeks to blend social and private housing within a single development, holds the promise of narrowing the socio-economic divide in Malaysia. Traditionally, the approach to low-cost housing in the country has involved pushing such developments to less desirable areas, often far from city centres and prime land….
Read MoreBy Joseph Wong AS Generation Z (Gen Z) in Malaysia transitions from renting to home ownership, they face unique challenges and opportunities in securing their financial future. According to recent data from global property tech company Juwai IQI, Gen Z, born between 1995 and 2005, has significantly increased their presence in the housing market over…
Read MoreBy Joseph Wong As urban land becomes increasingly scarce, particularly in city centres, developers are turning to redevelopment projects to maximise existing spaces. Traditionally, such projects would take on new identities, leaving behind old names to signify a fresh start. However, some developers want to retain the original names of buildings or properties, especially when…
Read MoreBy Joseph Wong As security technology advances rapidly, the uptake of advanced devices in property developments lags behind. Many property developers remain hesitant to move away from traditional security measures they consider sufficient for their projects. However, when it comes to safety and security, one questions if the current measures are sufficient to protect residents…
Read MoreBy Chang Kim Loong and YS Ng THE controversy surrounding the compulsory supply of water and electricity upon vacant possession under the sale and purchase agreement (SPA) has been laid to rest. The Federal Court had on March 6, 2023, ruled in the case of Remeggious Krishnan v SKS Southern Sdn Bhd (formerly known as MB…
Read MoreBy Joseph Wong Building unusual homes is an interesting trend that reflects a deep-seated desire for individuality, creativity and a departure from the conventional. These unique structures are not just about standing out. They represent a broader cultural shift toward embracing alternative lifestyles, environmental sustainability and personal expression. Whether it’s a Hobbit house tucked away…
Read MoreBy Chang Kim Loong and Ng Guat Yong ENACTING a law to allow private land to be redeveloped once 75% of owners have consented is in essence legalising en bloc sale or making a forced sale. The proposed Urban Redevelopment Act (URA) does not only infringe the constitutional right to own property but also usurps…
Read MoreShares of EcoWorld have gained nearly 70% so far this year, tracking broad gains in the property sector. The stock has also benefited from news flow related to data centre and industrial properties. KUALA LUMPUR (Sept 20): Shares of Eco World Development Group Bhd (KL:ECOWLD) rose on Friday to their highest in seven weeks after…
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