SC supportive of innovative ideas like property crowdfunding platforms

KUALA LUMPUR (Nov 5): The Securities Commission Malaysia (SC) (pictured) said today it is supportive of innovative ideas that tap into the transformative power of technology to democratise investments, allowing more financing options for Malaysians to buy their first homes and enhance their socio-economic well-being.

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China Ouhua now expects land title transfer in six months

KUALA LUMPUR (Nov 5): China Ouhua Winery Holdings Ltd, which has made several announcements on when it expects to receive the transfer of land title ownership from a local authority in China after buying a 40-acre plot there, now says the transfer should be done in six months.

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Penang folk worried about foreign workers

GEORGE TOWN (Nov 5): State Housing Committee chairman Jagdeep Singh Deo (pictured) has been receiving increasingly more complaints from Penang residents about the problems they face from foreign workers living in their areas.

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Making affordable housing sexy

The design of affordable housing schemes have been pretty much the same everywhere – a few high-rise blocks that look like pigeon holes, a high density of small apartments with the typical 2-bedroom or 3-bedroom layouts.

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佳居锦囊:记得更新你的租赁地契!

有期地契房产一般在租期过了30年之后,资产增值幅度就会开始放缓,这也意味着业主该考虑申请延长租期了。 Messrs Amir Toh Francis & Partners 事务律师Ivan Chan表示,申请延长有期地契租期没有所谓的最佳时机,但业主必须谨记的是,切勿等到租期过期后才申请延长,因为到时候的手续将更为繁琐。 他在早前的Maspex 2018房产展销会上的专题演讲中说:“延长有期地契租期的手续应该在到期前申请,若是已经过期,那么就得重新申请地契转让,这么做的话将涉及更昂贵的费用,这笔费用甚至可能就像是在买地。” 如果有期地契租约已经到期,而且业主没有展开任何行动,相关物业的产权将自动归州政府所有,并且可以开放让其他人申请拥有。 他指出,业主提出延长申请不一定会被批准,即便获得批准,延长期限或许也会比原来的租约期限来得短。 他续称,有期地契房产的土地拥有权归州政府所有,且各州对有期地契的租期延长申请拥有不同的审核标准与程序,涉及的费用也各异。 如果业主的申请获得批准,也必须在限期内缴交更新租期的费用,否则在逾期后,业主必须重新申请。 一般上,州政府拒绝申请的理由,大多是相关土地将被征作公共设施或大型基建项目的发展用地,或是作为国家紧急计划用途。 英文版原文已于2018年10月5日刊登于EdgeProp.

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Forest City bags UN-linked international award

BANGKOK: Forest City developer Country Garden Pacificview Sdn Bhd has been presented with the coveted Global Model of City-Industry Integration Award at the 2018 Sustainable Cities and Human Settlements Awards (SCAHSA) held in Bangkok on Oct 30.

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