Editor's Pick

DONE DEAL: Serviced residence at Trefoil @ Setia City, Shah Alam, Selangor

Noteworthy:

  •  Freehold
  •  Built up: 485 sq ft
  • Studio unit
  • High floor
  • Semi-furnished
  • Nearby amenities:  Setia City Mall, Setia City Convention Centre, schools, banks, F&B outlets
  • Accessibility: New Klang Valley Expressway (NKVE), the upcoming Damansara-Shah Alam Elevated Expressway (DASH), Mutiara Damansara Interchange and DASH Penchala Interchange.

When: January 2022

Of property headwinds and wealth creation

In reality, it is not just gloom and doom. There are office and retail centres that continue to enjoy high occupancies and this could be attributed to reasons such as their respective unique offerings like a strategic location, easy connectivity and profile of tenants. Last but certainly not least, providing a safe conducive working or shopping environment matters ant his is something that can only be achieved with top-in-class maintenance of the spaces.

Tower REIT introduces customisable office layout in Menara HLX

Formerly known as Menara HLA, Menara HLX will be offering customisable office layouts through a collaboration between Tower REIT, owner of the building, and EzyOffice. Under the collaboration, EzyOffice will provide several templates and dozens of variations for workspace units that range from 2,000 sq ft to 13,000 sq ft in Menara HLX for future tenants to choose from. The packages can be as comprehensive as including office furniture, partitions, wall, floor and ceiling coverings, as well as electrical and air conditioning works.

Resurrection of EOT: Old wine in new bottles?

There seems to be an ongoing attempt at circumventing the Federal Court decision –through invoking a different provision in the HDA to allow the authorities to again extend the deadline for delivery of vacant possession or move the goalposts, thereby denying the house buyers their rights to receive their houses on time as stipulated in the sale and purchase agreements, and correspondingly their rights to receive liquidated ascertained damages (LAD) for such delays.  

BNM raises OPR by 25 bps to 2.25%

"Amid the positive growth prospects for the Malaysian economy, the MPC decided to further adjust the degree of monetary accommodation. This is consistent with the MPC’s view that the unprecedented conditions that necessitated a historically low OPR have continued to recede," BNM said.

Rehda, KPKT and Omnia organise Karnival Jom Beli Rumah to encourage homeownership

According to Tong, the expo will offer a wide range of properties, from affordable housing units to high-end/premium units. “This is an opportunity for everyone and we strongly encourage people who are still looking to buy properties to come to the expo, as properties can be a good hedge against inflation because property values over time tend to stay on a steady upward curve.”