KL mayor Datuk Seri Mohd Amin Nordin Abd Aziz said he would conduct a meeting with residents of Taman Rimba before approving the development in accordance with provisions of Rule 5, Development Plan 1970 (Amendment 1994).
Government officials and financial executives familiar with the situation said negotiations with the Dalian Wanda Group to take the main role as master developer is now at an advanced stage and the deal is awaiting approval from the Chinese government's financial regulators, The Straits Times reported.
"We hope the residents will not be easily manipulated that they take legal action against DBKL…”
The state Magistrate's Court assistant registrar Mohd Anuar Ostadi issued the remand order against the two men, aged 61 and 46, after an application by the MACC.
Property transactions are down, office occupancies are down, unsold units are up — things certainly didn’t look good in 2016, according to the Malaysian Property Market Report 2016 released by the Valuation and Property Services Department (JPPH) early this week.
In a landmark ruling, the Federal Court had yesterday decided that only constitutionally appointed judges can decide on compensation in land acquisitions.
This is an excerpt of Part 2 of the Q&A with speakers following TheEdgeProperty.com Symposium on Property Management 2017 on April 8. Part 2 features only questions directed at Chris Tan, managing partner of Chur Associates who received the most number of questions.
The full Part 2 of the Q&A is available online at TheEdgeProperty.com. Please note that the replies reflect the personal views of the speaker and do not constitute legal advice.
Questions from participants of TheEdgeProperty.com Symposium on Property Management 2017 were forwarded to the respective speakers after the symposium on April 8. The speakers have tried their best to reply but due to the number of questions received, some need more time, hence Part 2 of the Q&A will be published next week. Please note that both the questions and answers have been edited for clarity. The answers reflect the personal views of the speakers and do not constitute legal advice.
Housing developers in Negeri Sembilan undertaking projects of two hectares or less are not required to build affordable houses worth RM80,000 per unit.
The judges of the TheEdgeProperty.com Malaysia’s Best Managed Property Awards 2017.
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