“The real issue here is the collection of maintenance charges, which has been plaguing the private owned flats and apartments for a very long time and thus affected the maintenance of these buildings.”
Sold for: RM570,000 (about RM599psf); Concluded by: Usha A/P R Lachumanan (REN 17124) of Gather Properties Sdn Bhd (016-720 0135); When: August 2019
Zuraida was eager to learn about the liveability of public housing in Japan, particularly the indoor air quality in these homes.
“With this development, I believe, it will bring more tourists to the city, especially those from Asean and Middle East countries.”
“Maybe there will be something that we can modify to our standards in order to ensure that the B40 or the masses also enjoy the basic right to having quality air,” KPKT Minister Zuraida Kamaruddin said after attending a briefing in Tokyo on the Japanese housing market and building regulations by officials from the Japanese Ministry of Land, Infrastructure, Transport and Tourism.
Under a sale and leaseback transaction, a building previously owned by a company is sold and is then leased back to the seller for a term of about 10 to 15 years.
“Times have changed. The first thing young people look at is a good digital network coverage. No broadband or LTE connection, not buying.”
Rehda president Datuk Soam Heng Choon: These are actual sales, not developer’s calculations. The buyers have already gotten their loans and need certification from us for stamp duty exemption.
PCF is an initiative announced in Budget 2019 to provide an alternative financing avenue for first-time homebuyers through a property crowdfunding scheme.
KL and Penang occupancy rates above 80%
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