• Home  / 
  • Author's archive:
About the author

Jax Lee

Share

Penang CM: To Considering Reinstating Rent Control Law

By Jax Lee / 3 years ago

In response to the Penang’s Heritage Site being put at risk by foreign investors, Penang’s Chief Minister Lim Guan Eng is considering reinstating the rent control law. Previously reported in PropertyGuru, the elderly in Penang are being evicted and are being forced to be homeless due to callous property investors and increasing rental. Property experts […]

Share

Singapore: Making The Case For A Car-Lite Future

By Jax Lee / 3 years ago

Drivers in Singapore spend nine hours commuting on the roads each week instead of engaging in leisure activities, according to a new study by the Urban Land Institute (ULI) Singapore and the Centre for Liveable Cities (CLC). In fact, the average motorist wastes a total of 2,549 hours, or 106 days of their lives, looking […]

Share

Australia’s Post Commodity Outlook

By Jax Lee / 3 years ago

Having travelled the world in search of real estate opportunities for our clients, we can state that Australia is one of the most manageable and stable markets when it comes to property. While it presents excellent upside opportunities, the downside risks remain relatively minimal with prices well supported by strong market fundamentals. Take Melbourne for an […]

Share

Youth Housing Scheme (YHS) Was Lukewarm

By Jax Lee / 3 years ago

One year after its launch, response to the government’s Youth Housing Scheme (YHS) was lukewarm, attracting only around 12% of the 20,000 total application quota for a two-year period. Of the 2,500 applications received, over RM300 million worth of loans have already been approved as at May 2016. Bank Simpanan Nasional (BSN) senior vice-president and […]

Share

The First Duplex Project In Township of TTDI

By Jax Lee / 3 years ago

The first duplex project in the affluent township of Taman Tun Dr Ismail namely TTDI Segaris is launched recently. This project is a joint-venture development between Naza TTDI Sdn Bhd and Prasarana Integrated Development Sdn Bhd (Pride). Developed on a 1.01-acre parcel in Persiaran Zaaba, this project offers a single storey tower with a leasehold […]

Share

Malaysian Property Developers Were Unfazed By Brexit

By Jax Lee / 3 years ago

Property players with developments in Britain were unfazed by Britain’s exit from the European Union. Regardless of the outcome, CIMB Research noted that the uncertainty created during the negotiation may deter foreign investment into the London property market. “Foreign interest may recover afterwards, but the extent of the recovery will depend on the terms agreed,” […]

Share

Redevelop Old Flats For Low-cost Housing In KL

By Jax Lee / 3 years ago

KUALA LUMPUR, June 26 (Bernama) — Deputy Finance Minister Datuk Johari Abdul Ghani Sunday suggested that housing developers focus on redeveloping old flats to meet the high demand for low-cost housing in the federal capital. He said the demand for low-cost homes such as the People’s Housing Project (PPR) and Public Housing (PA) units was […]

Share

3 Years Delay For KL Monorail Trains Project

By Jax Lee / 3 years ago

Previously Scomi Transit Projects Sdn Bhd (STP) was awarded a RM404 million contract to replace the monorail trains under the Kuala Lumpur Monorail Fleet Expansion Project (KLMFEP) by Prasarana Malaysia Bhd, the asset and project owner of KLMFEP. According to Prasarana Malaysia, STP has failed to adhere to the timeline as the project was scheduled […]

Share

Homeowners Not Liable For Damage To Neighbour’s Property

By Jax Lee / 3 years ago

Property owners are not expected to supervise the work of contractors whom they hire, revealed the High Court in rejecting a move by a neighbour to make a homeowner liable for the damages caused by the contractor. “It would be intolerable if the law were to hold that all landowners who seek to construct homes […]

Share

Private Residential Leasing Market To Soften Further

By Jax Lee / 3 years ago

Weakening demand and record levels of new housing supply have contributed to a softening private residential leasing market over the past two-and-a-half years, with the Urban Redevelopment Authority’s (URA) rental index for private homes falling by 9.1 percent from Q3 2013 to Q1 2016, revealed a JLL report. To meet pent-up demand following the 2008 […]

Page 10 of 11