News about AP

SEREMBAN (Nov 7): Do you know that defaulters owe the Seremban Municipal Council almost RM35 million in unpaid assessments.

KUALA LUMPUR (Nov 5): Three years ago, when former prime minister Datuk Seri Najib Razak, who was also the finance minister, unveiled Budget 2016, many labelled it the “Robin Hood” budget — a reference to a fictional character who took from the rich to give to the poor — simply because the personal income tax rate of those in the higher income bracket was raised.

SEMENYIH (Nov 4): Prime Minister Tun Dr Mahathir Mohamad believes that the FundMyHome innovative homeownership scheme could help the government reach its one million affordable homes target within 10 years as promised by Pakatan Harapan government.

SEMENYIH (Nov 4): Pay only 20% of the total house price to own your dream home – it might sound too good to be true, but it is true.

PETALING JAYA (Nov 2): The increase in  stamp duty rates for the transfer of property valued RM1 million and above as well as the imposition  of Real Property Gains Tax (RPGT)  on future property sales have increased the entry and exit costs for property ownership which might dampen investors’ interest, said Savills Malaysia managing director Datuk Paul Khong.

  PETALING JAYA (Nov 2): S P Setia Bhd president and CEO Datuk Khor Chap Jen applauded the government’s initiatives in Budget 2019 which focuses on the lower and middle-income segments by addressing issues on cost of living, affordable housing, public transportation improvements, education sector upgrades and new technology to spur growth.

PETALING JAYA (Nov 1): Responding to calls for a separate board for estate agents in the country, the Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) said setting up a separate board for the profession is not viable.

KUALA LUMPUR (Nov 1): The Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP), which is currently giving a one-year window period for any person with property management experience to be registered as a property manager, expects the number of registered property managers to increase from the current 3,000 to 6,000 by year-end.

PETALING JAYA (Oct 31): The Malaysian Institute of Estate Agents (MIEA) supports the call for the creation of a separate board made by the Malaysian Institute of Professional Property Managers and Facility Managers (MIPFM) president Sarkunan Subramaniam recently.

KUALA LUMPUR (Oct 31): Malaysia still maintains the right to review the price of water sold to Singapore under the Water Agreement 1961 and 1962, said Deputy Foreign Minister Datuk Marzuki Yahya.