Developers must pay compensation for delayed projects before Covid-19, says Zuraida
“We provide this exemption for Covid-19 from March until December 2020. Only for that period. Other than that, they have to pay compensation.”
“We provide this exemption for Covid-19 from March until December 2020. Only for that period. Other than that, they have to pay compensation.”
Minister Datuk Zuraida Kamaruddin said the built-up area of ‘Rumah Malaysia’ would be no less than 900 sq feet compared to around 700 sq feet currently, and the ministry would also adjust the rental rates throughout the country.
“Within a short period of time, we have settled a lot of land issues. Normally, things like this will take about a year or two to be solved, but we have settled within the time frame.”
The IRB expected to receive up to 530,000 E forms from registered employers, and around 3.27 million BE, B, BT, M and MT forms from individuals with Monthly Tax Deduction and CP500 instalments.
Members of the public can opt for results within two to four hours or 48 hours.
Reapfield Properties group COO Jonathan Lee stressed that realtors should be the first line of defence against the spread of the coronavirus by reducing physical contact and gatherings and also enhancing their virtual engagement.
Datuk Chang Kim Loong: In the context of the SMA, the awards and the grounds of awards handed down by the Tribunal can serve as an invaluable source of reference for the public.
“If you have been renting a place for RM1,500 per month here on OKR, with the same amount of money, you could consider buying a unit now as there are ample affordable choices in OKR,” says CID Realtors Sdn Bhd real estate negotiator Joseph Tin.
The 11km OKR is one of the oldest and busiest thoroughfares in KL. It is also home to some of the oldest and most established housing areas in KL like Taman OUG and Taman Desa — with sought-after homes still commanding great value for their proximity to the city centre.
“Taking into consideration the requests from various quarters, we (government) decided to relax the rules.”