27 C
Tuesday, December 18, 2018

2018 Budget wishlist: Developers call for relaxed rules

DEVELOPERS are urging the government to relax regulations so that property development in the country takes place in a healthy and efficient manner. They have come up with various proposals...

Court dismisses developer’s appeal, ordered to pay condo owners RM3.97m in damages

KUALA LUMPUR, May 21 — The Court of Appeal today dismissed the appeal made by Maju Puncakbumi Sdn Bhd against a previous decision that granted the developer a stay...

GST goes ‘zero per cent’ from June 1

KUALA LUMPUR: The Goods and Services Tax will be zero-rated effective June 1. The Finance Ministry, announcing this in a statement today, said the change goes into effect nationwide and...

NSK to open in Cyberjaya

Another piece of good news for folks living in Cyberjaya and surrounding townships. NSK will be setting up business in Cyberjaya by 2020. Yes, it's going to be a...

How many rogue developers are there?

The first question a homebuyer should ask is probably “who’s the developer?” The biggest nightmare for a property buyer is when a project fails to be delivered or when...

Budget 2019: Putrajaya’s property market measures

PETALING JAYA (Nov 2):  The government has announced several measures in Budget 2019 aimed at raising homeownership among Malaysians. The proposals are: Two-year stamp duty exemption for first RM300,000 for...

Putrajaya Monorail RFP to be called January 2019 – report

PETALING JAYA (Nov 24): The Transport Ministry and Putrajaya Corp, the owner of the Putrajaya Monorail project, will issue a request for proposal (RFP) in January next year, after...

MRT2 37% complete, on track to be completed by July 2021

The project, also known as the Sungai Buloh-Serdang-Putrajaya (SSP) line, is currently ahead of schedule as the contractors are keen to complete the work early, said Mass Rapid Transit...

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