The acquisition of the 9.79-acre land is to further expand Gromutual’s business in the development of ready built industrial facilities. 

Manu said there is bound to be consequences to the extraordinary quantitative easing, printing of money and low interest rates we have seen over the past decade.

Its wholly-owned subsidiary, Tropicana Senibong Sdn Bhd, will secure the development rights for the 363 acres of land parcels from Puncak Alam Housing.

A judgment in default may be entered against a defendant if he fails to respond to a suit filed against him.

The three exceptional withdrawals have left 73% or nearly three quarters of members in a serious state of having inadequate funds to retire above the poverty line. 

The developer also welcomed the extension of personal income tax relief of up to RM1,000 for domestic tourism expenses up to the year of assessment 2022 to encourage tourism within Malaysia.
 

“The M40 is an important sector that caters for the mid segment of the property market and they play a critical role in the new properties and the secondary market. Not all property owners are financially strong,” said the association.

The PRS president was admitted to the Intensive Care Unit at Sarawak General Hospital on Sept 28

The government agencies cannot possibly build an apartment block in a place where there is only demand for landed property or built houses. Or build where there is practically no demand and which will just add to the statistics of ‘overhang’ (built and unsold) properties, said HBA’s honorary secretary general Datuk Chang Kim Loong.

The secondary market contributes more than 80% of total residential property transactions and the removal of this tax (RPGT) would help spur the sub-sale economy and trigger more demands down the supply chain,” said said Datuk Seri Koe Peng Kang, president of IFIABCI Malaysia