What you MUST know about Budget 2022: For the real estate sector
The real property gains tax (RPGT) will not be applied for properties sold after the sixth year
All eyes on Budget 2022
The theme of the Budget would be #FamilyMalaysia, a budget that aims to be the pulse of the country's economic recovery as well as highlighting the values of inclusiveness, togetherness and thanksgiving to ensure that no one is left behind
Scientex's unwavering mission to provide homes for the masses is still on the right track
Datuk Alex Khaw Giet Thye: We have always been known as an affordable landed home builder and we intend to carry on this market position because we believe a roof above the head is essential no matter in good times or bad times.
Proving no-frills the way to go
Scientex Bhd started as a local developer in Johor for more than 10 years. It has then expanded its property footprint to other states in Malaysia since 2016. Today, Scientex has its stamp in the Klang Valley, Melaka, Perak, Penang and Kedah. Focusing largely on affordable landed homes, it has successfully completed 3,900 houses.
Alicia Keys' real residence which inspires Iron Man's made-up mansion
The Razor House is more than just a roof over your head. It is a modernist architectural marvel designed by Wallace E Cunningham with a strong emphasis on concrete, glass and stainless steel throughout, not only for its aestheticism but functionality as well.
One Jesselton buyers kept waiting in anguish three years past completion date
Bina Puri executive director Datuk Matthew Tee said the project was delayed because its main contractor, China-based Jiangsu Provincial Construction (M) Sdn Bhd, downed tools during the construction period and Bina Puri is taking legal action against the contractor
MGB launches Idaman BSP in Bandar Saujana Putra
MGB group executive vice-chairman Tan Sri Lim Hock San: We are pleased to officially launch our Idaman BSP project in the 4th quarter of 2021 and support the state government of Selangor’s goal to build 30,000 affordable homes by 2025.
DONE DEAL: Condominium at Mutiara Upper East, Kuala Lumpur
Noteworthy:
● Leasehold
● Unfurnished
● Built-up: 2,288 sq ft
● Four bedrooms; four bathrooms
● Facilities: Barbecue area, gym and recreational facilities, multipurpose hall, playground, sauna, 24-hour security
● Amenities: International School Kuala Lumpur, Royal Selangor Polo Club, Taman Tasik Ampang Hilir, Raintree Club, SK Desa Pandan, Royal Selangor Golf Club, Lotus’s Ampang
● Accessibility: Jalan Ampang, Middle Ring Road 2 (MRR2) and Ampang-Kuala Lumpur Elevated Highway (AKLEH)
When: July 2021
South Brooks achieves highest ‘QLASSIC’ score of 86%
Perdana ParkCity chief operating officer Tai Choon Seng said that with ParkCity’s high standard of project management system, Crest Builder has demonstrated a very strong commitment, as well as the spirit of collaboration and cooperation with our team in ensuring the good quality of workmanship and timely completion of the project.
Glomac: Raw material prices will ease in next three to six months as market supply increases
Commenting on the outlook of the property market, Fateh Iskandar said the current market condition remained challenging as most buyers are taking a wait-and-see approach.
