Property developers in Johor expect rental rates within the state to rebound to pre-pandemic levels once land borders between Singapore and Malaysia are reopened. Meanwhile, Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican said the Strata Titles Act 1985 (Act 318) will be amended to address the issue of dilapidated buildings in Malaysia.
PPC supports Penang undersea tunnel project
The Penang Port Commission (PPC) and Penang Port Sdn Bhd (PPSB) welcome the desire of the Penang government to implement the Third Link Project or undersea tunnel under the Penang Transport Master Plan (PTMP).
REHDA, CIOB cooperates to maximise utilisation of resources
The Real Estate and Housing Developers’ Association (REHDA) Malaysia have signed a Memorandum of Understanding (MoU) with UK-based Chartered Institute of Building (CIOB) virtually recently.