Shopping mall operators said the proposed electricity tariff hike will put further financial pressures on them, who are still grappling with post-pandemic challenges, and ultimately lead to higher prices for consumers.

Earlier, I have responded to Dr Foo Chee Hung’s article dated Sept 20, titled "Property manager vs building manager — Are they the same?", which claimed that a building manager is solely responsible for coordinating the maintenance and upkeep of common areas, while a property manager merely acts as an intermediary between tenants and landlords. In my article “Stricter regulation in property management needed”, I explained the professional roles, bodies, education and training required of a registered property manager.

No decision has been made regarding electricity tariff hikes in Peninsular Malaysia as of now, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

The government will not allow increases in electricity tariffs that would burden the majority of the public, said Prime Minister Datuk Seri Anwar Ibrahim.

Peninsular Malaysia's base electricity tariff has been set at 45.62 sen per kilowatt hour (kWh) in the three-year regulatory period 2025-2027 (RP4), said Tenaga Nasional Bhd (TNB) (KL:TENAGA).

Recent news have reported that Kuala Lumpur City Hall (DBKL) is considering an increase in both assessment tax and quit rent rates, following the Selangor state government’s 25% hike from January next year.

The Penang government is granting a 100% exemption from quit rent and parcel rent penalty arrears to all land and parcel owners in the state who make payments for the two taxes from Jan 2 to Feb 28, 2025.

Noteworthy:

• Freehold
• Built-up size: 4,034 sq ft
• Floor level: low
• 5 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: Sunway 163 Mall, 1 Mont’Kiara, Plaza Mont’Kiara, Mont’Kiara International School, Garden International School, KLGCC
• Accessibility: SPRINT Kerinchi and Penchala Links, NKVE, DUKE, North-South Expressway, Jalan Duta-Sungai Buloh Highway

April 2024

Noteworthy:

• Leasehold
• Built-up size: 2,200 sq ft
• Land size: 3,260 sq ft
• 5 bedrooms, 3 bathrooms
• Semi-furnished
• Nearby amenities: MRT Taman Equine, Columbia Asia Hospital-Puchong, Universiti Putra Malaysia, IOI Mall Puchong, AEON Mall Taman Equine
• Accessibility: LDP, SKVE, MEX, KESAS, North-South Expressway, Jalan Putra Permai

When: October 2024

Bank Negara Malaysia’s (BNM) proposal to abolish the flat-rate method for calculating personal financing is seen as a significant step towards improving the financial health of households, said an economist.