Property owners have to play their part in ensuring that their property manager does a good job and that the property is well-managed.

The biggest difference between a local property investor and a foreign one is that the former is often present in the country while the latter is often absent.

It is no secret that stratified high-rise buildings are likely to form the bulk of new buildings in the future, especially in the city where land for development is shrinking every day while its population continues to grow.

Many homeowners or property investors think that once they have signed the Sales and Purchase Agreement or when a project they bought has been completed, that marks the end of their worries. However, on the contrary, it may just be the start of a new series of problems, warned DN Homeowners Bhd chairman Andy Khoo.

Many people think that their well-renovated homes which are secured with window grilles are a safe sanctuary for them to live in, but they may not realise that the fancy renovations and fixed grilles can kill them under certain circumstances.

Strata living is synonymous with service charge collection, but many homeowners are reluctant or even refuse to pay their service charges. The simple argument often given is — if they are not happy with the maintenance of a building or its management, they would not need to pay. Now, that’s a myth!

WOE betide a property that is managed under the wrong hands. How well a property is managed can make or break the value of the property, and the owners are the ones, who with some help from the developer and the property manager, hold the key in ensuring the property is in good condition constantly.

The new AEON malls are gaining traction.

We believe that earnings are likely to recover from their low base in financial year 2016 (FY2016) as the retail segment recovers slowly alongside consumer sentiment and margins improve.

Pesona’s order book stands at RM2.1 billion, translating into a strong cover ratio of 5.4 times on FY2016 construction revenue.