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Saturday, May 25, 2019

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...

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...

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...

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...

Exemption of RPGT, Service Tax from Jan 1, 2019

In the case of conditional contract such as Paragraph 16 of Schedule 2 of the RPGT Act 1976, the RPGT exemption is given on gains from the disposal of properties transacted in the sixth year and beyond by Malaysian citizens and permanent residents whereby the sale and purchase agreement has been signed before Jan 1, 2019

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...

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...

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...

Kerjaya Prospek gets RM155m Cyberjaya job from HCK unit

KUALA LUMPUR (Jan 17): Kerjaya Prospek Group Bhd's wholly-owned subsidiary Kerjaya Prospek (M) Sdn Bhd (KPMSB) secured from Aspen Entity Sdn Bhd (AESB) a RM155 million project...

Lim Kok Wing honoured for academic contributions

CYBERJAYA: Limkokwing University of Creative Technology founder and president Tan Sri Lim Kok Wing is the first Asian to receive the Legend in Innovation Award from the World...

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