News by Rachel Chew

Hap Seng Industrial Hub is a 20-acre mixed industrial and commercial development located in Seksyen 23, Shah Alam, Selangor

While office space is still necessary for most organisations, the resizing measures taken by some companies and reduction in office demand are likely to result in downward pressure on rentals and occupancy rates in the short-term.

The consultancy firm reckoned that there will be heightened risk of loan defaults as unemployment is on the rise and without significant economic improvement.

The integrated facility for HQ Pack has approximately 60,000 sq ft built-up area, comprising a production factory, cleanroom, warehouse and office block.

“We are launching these single-storey shop units because we see more demand now for affordable shops. Hillpark PP10 is the last commercial phase in Hillpark @ Shah Alam North,” said MKH deputy property director Datuk Kenneth Chen.

Flanked on one side by Mont’Kiara, and with the upscale creative mall Publika as its neighbour, Solaris Parq is the latest freehold mixed development by UEM Sunrise Bhd in Dutamas.

The award was on the back of S P Setia’s Setia EcoHill 2 winning the EdgeProp-ILAM Malaysia’s Sustainable Landscape Award 2020 Gold at EdgeProp Malaysia’s Best Managed and Sustainable Property Awards 2020.

Chur Associates founder and managing partner Chris Tan: If someone did something wrongly, it is still wrong even after the DLP.

Architect Centre accredited building inspector and trainer Anthony Lee Tee: Use your senses to see, feel, touch and smell for any abnormalities in a property. Some things are easy to notice such as paint peeling, leaks and mould on surfaces such as walls and ceilings.

Picking the right development or a development which is designed and built for sustainable or easy maintenance is the first step to ensuring a profitable property investment.