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By Zarul Effendi Razali

KUALA LUMPUR, Jan 19 -- Lendlease Group, the developer of the retail-led mixed development part of the The Exchange TRX project, is eyeing to have the retail portion 90 per cent leased by end of 2021.

KUALA LUMPUR, Jan 17  -- Serviced residences recorded the highest demand growth of 17.3 per cent last year among the three property types, followed by condominiums at 14.2 per cent, due to a modest drop in capital appreciation, according to the iProperty.com.my 2019 Portal Demand Analytics. 

KUALA LUMPUR, Jan 16  -- Reducing the property prices is the only approach to clear the overhang units in the country, urged CBRE-WTW managing director Foo Gee Jen.

BATU KAWAN, Jan 13 -- The Penang government targeted to build 180,000 affordable housing units in the state by 2030, state Housing, Local Government and Town and Country Planning Committee chairman, Jagdeep Singh Deo said today.

By Prof Dr Ismail Omar

The writer Prof Dr Ismail Omar is the president of the Land Professionals Association of Malaysia (PERTAMA) and a senior lecturer in real estate management at Universiti Tun Hussein Onn Malaysia.

KUALA LUMPUR (Bernama) -- The Housing Development (Control and Licensing) Act 1966 (Act 118) is outdated and has to be amended to meet the demands of the people and resolve their housing woes.

Issues related to affordable housing and unsold housing units have to be resolved. Also unresolved are issues pertaining to the supply of land, including Malay Reserve Land and wakaf land, to build houses for the B40 group.

The time has come for housing-related laws to be reviewed, amended and harmonised to keep pace with current requirements.