“The review of the RM1 million threshold is timely in view of the slowdown in the domestic property market in the recent years and developers are operating in difficult situation.’’
State Housing and Urban Living Committee chairman Haniza Mohd Talha: The state government has a list and is monitoring the condition of low- and medium-cost flats that are 30 years and older.
Following the conversion of quit rent to parcel rent last year, stratified buildings, commercial or residential, have seen hikes of 5 to 8 times the previous total.
Putting an end to talk of the mall closing up shop for good, the residential component of Quill City has commenced construction.
The flour miller and poultry farmer purchased the one-acre plot for RM21.73 million or RM500 per sq ft (psf) 23 years ago, and buyers are now being sought for the land.
Reports describe the house “as if a tornado had just swept through the inside of the property”.
While the building operator will enjoy full rebate for running the office, it will also enjoy 50% rebate for the kindergartens and halls under its management.
The occupants of a condominium in Ampang have already received visits, with some tenants paying their arrears of two years on the spot, while one unit had a television and a microwave oven seized.
“This serious conflict of interest is why Tengku Adnan was so vocal and aggressive in pushing for the Taman Rimba Kiara development – because the RM3 billion mega project would benefit his YWP to the tune of hundreds of millions.”
“What a BMW! There’s a problem but no one stands up to solve it.”
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