Rehda: Have a more equitable formula to calculate share units in mixed developments

PETALING JAYA (Nov 8): The Real Estate & Housing Developers’ Association Malaysia (Rehda) has urged the government to amend the relevant Acts and Regulations to provide the Land and Mines Office (PTG) with the power to approve a comprehensive and more “equitable” formula and weightage factors to calculate share units for the different components of a mixed development.

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Synergy Promenade's suit against Felda to be heard on Oct 17

KUALA LUMPUR (Aug 8): Synergy Promenade Sdn Bhd's suit against the Federal Land Development Authority (Felda) and its investment arm, Felda Investment Corp Sdn Bhd (FIC), as well as the Land and Mines Office Wilayah Persekutuan Kuala Lumpur (PTG WPKL) relating to the Kuala Lumpur Vertical City project will be heard in the High Court on Oct 17.

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DBKL awaits go-ahead to demolish Jamal Yunos restaurant

PETALING JAYA (June 14): Dewan Bandaraya Kuala Lumpur (DBKL) will make plans to demolish fugitive Umno leader Datuk Seri Jamal Md Yunos’ restaurant in Kuala Lumpur as soon as it gets the go-ahead from the Federal Territories Land and Mines Office (PTG).

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DBKL land transfers frozen

PETALING JAYA (May 31): The Kuala Lumpur Federal Territory Director of Land and Mines Office has been ordered to freeze all transactions involving transfers of land owned by Dewan Bandaraya Kuala Lumpur (DBKL) since May 10, said director Sharez Izuan Md Zaidi.

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