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Business

China malls waive rent amid fierce competition

SHANGHAI: Chinese landlords are forgoing rent and paying to outfit stores for mass-market fashion brands including Zara and H&M, a bid to blunt the impact of a boom in shopping-mall construction that threatens to push up vacancies.

Business

Separate quit rent billing on strata titles a reality?

SCENARIO A: For 15 years, more than 50 owners of 90 condominium units diligently contributed their share of quit rent, apportioned by the developer’s surveyor, to their developer.

Business

Pros and cons in rent-to-own schemes

RENT-TO-OWN (RTO) schemes and their various permutations offered by developers are a step in the right direction but there are several criteria if such schemes are to be a viable solution to home ownership, an academician said.

Business

EcoWorld London embarks on £400mil build-to-rent project

KUALA LUMPUR: EcoWorld International Bhd's 70%-owned UK joint venture has signed heads of terms with a North American Pension Fund on a build-to-rent development valued at nearly £400mil.

Business

Is it more viable to buy or rent a house?

IN today's environment of rising home prices, is it more advantageous to buy a house or rent a house?

Business

Orion IXL’s MyAngkasa Az Zahra in rent-to-own scheme

KUALA LUMPUR: Orion IXL Bhd’s MyAngkasa Az Zahra Sdn Bhd has acquired 379 units in Tower B and Tower C of Datum Jelatek development here for a rent-to-own scheme.

Business

EcoWorld London inks RM2.1bil build-to-rent deal

PETALING JAYA: Eco World International Bhd (EcoWorld International) said its 70%-owned joint venture, EcoWorld London, will let and manage over 1,000 build-to-rent (BtR) homes in London as part of a deal worth £389mil (RM2.1bil) with Invesco Real Estate

Business

SP Setia, Maybank launch rent-to-own home scheme

SETIA ALAM: SP Setia Bhd and Maybank have launched rent-to-own (RTO) home ownership scheme FlexKey, which offers selected, newly launched units.

Business

EWI eyeing potential in build-to-rent market

IJOK: Despite the current chaotic political scenario in Britain, Eco World International Bhd (EWI) continues to engage with potential partners in connection with the build-to-rent (BtR) market.

Business

AmBank Research: New procurement system can weed out rent seekers

PETALING JAYA: An introduction of a more transparent public procurement system should be able to weed out rent-seekers from the system.