Daily Industry News Update (19 February 2021)


Make tribunal’s written decisions available to public

The Strata Management Tribunal (SMT) was created pursuant to the Strata Management Act 2013 (SMA) which came into force on June 1, 2015. It is a quasi-judicial body clothed with powers and authority to adjudicate on disputes or complaints concerning the performance of

Old Klang Road rentals remain intact

Jalan Klang Lama or Old Klang Road (OKR), to those familiar with Kuala Lumpur, refers to the areas on both sides of the road that are situated not in Klang, but in KL. In the 1960s, apparently both sides of the road were flanked with factories, warehouses and oil palm estates.

Old Klang Road: Oversupply of high-rise homes?

Realtors tracking property price trends on Old Klang Road (OKR) are concerned over a surging supply of new high-rise residential units, which might put pressure on rental growth and demand as tenants might choose to purchase the more affordable smaller units available in the

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