News by EdgeProp.my

“During the first half of the year, the central areas of Kuala Lumpur saw fewer residential project launches and lower levels of transactional activity. Still, against this backdrop, we observed active bookings of rightly positioned residential products of reputable developers in city fringe and popular / upcoming suburbs. The reintroduction of the HOC featuring stamp duty exemptions and the uplifting of margin of financing limit for the third housing loan onwards for property valued at RM600,000 as well as Real Property Gains Tax (RPGT) exemption unveiled in the short-term Economic Recovery Plan (PENJANA) will help to simulate the property market," said Sarkunan in Knight Frank's 'Real Estate Highlights 1st Half 2020' research report today.

Muji USA plans to use the bankruptcy process to restructure and to move towards online shopping.

Comprising 2.93 acres located opposite MyTown shopping centre

Victoria state police commissioner, Shane Patton: That is absolutely ridiculous that type of behaviour.

“Considering how important Census 2020 is, Kuala Lumpur City Hall (DBKL) should not push ahead with the KL Structure Plan 2040 without incorporating the results of Census 2020,” said Save Taman Rimba Kiara Working Group coordinator Leon Koay

Datuk Seri Najib Razak: Happy 95th birthday, sir.

“We are also targeting investors as they can rent out the units to students especially those from Chong Hwa, with its international students and local ones from other states seeking to rent nearby the school,” said Platinum Victory executive director Gan Yee Hin.

For real estate negotiators, they have learnt to stay agile and constantly engage with clients to stay relevant in the industry.

On July 2, 2020, the Subang Jaya Magistrate’s (Municipal) Court convicted and fined a defendant (defaulting strata owner) who failed to comply with an award of the SMT ordering payment of outstanding charges and contribution to sinking fund within 30 days from the date of award. The presiding Magistrate, Barath Manian imposed a fine of RM5,500 on the defendant or in default one (1) month imprisonment. The prosecuting officer was Emyshimy Rizal Nasaruddin.

Although floor premiums are attached to first-hand properties, a random check shows there has been no clear trend of such premiums for similar units sold on the secondary market.