The Ministry of Housing and Local Government (KPKT) is committed to focusing on efforts to help young people own homes through the Madani Deposit scheme.

This proposal undermines the existing well-established property management regulatory framework that has effectively governed the profession for over four decades. It would result in unnecessary duplication, potential inefficiencies in property management oversight, and a waste of public funds.

Johor is expected to see sustained property demand from foreign buyers, especially Singaporeans, driven by key developments and growing investor interest, according to Knight Frank Malaysia.

Noteworthy:

• Freehold
• Built-up size: 1,507 sq ft
• Floor level: High
• 3 bedrooms, 2 bathrooms
• Semi-furnished
• Nearby amenities: Tropicana Golf & Country Resort, Sultan Abdul Aziz Shah Airport, CITTA Mall, Paradigm Mall, UNITAR International University
• Accessibility: NKVE, Jalan Lapangan Terbang Subang, SPRINT Damansara Link, Federal Highway, LDP

When: May 2024

People often argue about building management and property management because they fail to recognise that both concepts essentially address the same issues, leading to unnecessary disputes over terminology rather than focusing on solutions.

Magma Group Bhd (KL:MAGMA) said on Tuesday it is acquiring a 2.26-acre plot of land in the Persiaran Dutamas area of Kuala Lumpur from a company connected to its executive chairman and major shareholder Datuk Seri Lee Hock Seng, for RM80 million.

Noteworthy:

• Leasehold
• Built-up size: 3,283 sq ft
• Land size: 3,200 sq ft
• 6 bedrooms, 7 bathrooms
• Unfurnished
• Nearby amenities: Shah Alam Stadium, Sultan Abdul Aziz Shah Golf & Country Club, Hospital UMRA, Management & Science University, AEON Mall Shah Alam
• Accessibility: NKVE, GCE, Elite, Federal Highway, Kemuning-Shah Alam Highway, Jalan Subang, Persiaran Kayangan

When: July 2024

The NSRF addresses the use of the IFRS Sustainability Disclosures Standards issued by the International Sustainability Standards Board (ISSB) as the baseline for sustainability disclosures for companies in Malaysia. 

“The demand for a sustainable, resilient and liveable urban environment has never been more pressing."

This is on the back of competitive data centre construction cost and average electricity tariff, coupled with a supportive regulatory environment from streamlined approval processes to conducive framework for data centre operations.