Varied views from a number of stakeholders in the property segment

In the newly announced Budget 2024 Madani, themed "Madani Economy: Empowering the People" the government has allocated a total of RM393.8 billion, reflecting a slight increase from the previous budget of RM388.1 billion set in February 2023.

OSK Property and Employees Provident Fund (EPF) have officially launched the second phase of Melbourne Square called BLVD apartment on Thursday in Southbank of Melbourne, Australia.

The Federal Court has granted permission to the Petaling Jaya City Council (MBPJ) to have the merits of its appeal be heard over the success of a residents' association (RA) in the Court of Appeal, which decided that non-paying members in a residential area can remove the boom gates to the entrance there themselves without the security guards' assistance.

Noteworthy:

• Freehold
• Built up size: 1,662 sq ft
• Land size: 1,664 sq ft
• Unfurnished
• Nearby amenities:  Department stores, hypermarkets, hospitals, AEON Mall, Amerin Mall, The Mines Shopping Mall, MRT Bandar Tun Hussein Onn
• Accessibility: Cheras-Kajang Expressway, Silk Highway

When: April 2023

Noteworthy:

• Freehold
• Built up size: 1,920 sq ft
• Land size: 5,156 sq ft
• 5 bedrooms, 3 bathrooms
• Semi-furnished
• Nearby amenities: Convenience stores, supermarkets, Jusco Bandar Mahkota Cheras, Mahkota Square
• Accessibility: Cheras-Kajang Expressway, Silk Highway

When: May 2023

Ramasamy said exposure of the controversial land sale is akin to opening “Pandora's box”, and that the more Chow attempts to defend the sale, the more it becomes “indefensible”.

The association noted that with the stagnant economy and the increase of OPR rates resulting in the increase in housing loan interest, many Malaysians will still be unable to afford to buy a house.

The research house reiterated its conviction that cement demand will continue to flourish in the medium-to-long term, propelled by the commencement of major infrastructure projects in Malaysia.

It’s that time of the year again. Like clockwork, industry players are parading their respective wish lists in the run-up to the tabling of Budget 2024 later this week.