News about MP

The Ministry of Local Government Development is working on a National Housing Action Plan, which includes home supply requirements based on metrics such as the ratio of the median house price to median income.

How much should you budget for a basic renovation package? How does renovating a condo differ from a landed house? What are some decisions that can have long-term implications? We list here seven points you should note.

The developer will also be unveiling the Magnolia show houses on July 8 to provide its new and prospective homebuyers with a first-hand experience of the property, it said in a press statement released on July 5.

The court also considered that there was no approval from the land owner for True Renaissance to continue with the project.

“Malaysia offers a diverse and vibrant pool of talents and we want to be a part of elevating the arts and culture scene,” said Datuk Zaini Yusoff, executive vice-president of S P Setia.

The Malaysian Championship will kick off in July, culminating in the Grand Champion finale in October 2023.

“With inflation pressures easing and uncertain stock markets, we are now able to see winners and losers in a context where multiple crises overlap.

With i-Miliki, an initiative under Putrajaya’s Home Ownership Programme 2022/2023 or HOPE, first-time purchasers of homes priced RM500,000 and below will be fully exempted from paying the stamp duties on the Memorandum of Transfer (MOT) and loan agreement, while first-time purchasers of residential units priced above RM500,000 up to RM1 million will receive 75% remittance on the two stamp duties.

A 100% stamp duty exemption is given to first-time homebuyers to purchase homes priced not more than RM500,000, while a 75% stamp duty exemption is given to those buying houses priced between RM500,001 and RM1 million, the ministry said.

Excluded from the ban are six types of commercial properties: serviced apartments, small office home offices (SoHo), small office flexible offices (SoFo), small office virtual offices (SoVo), office suites and duplex offices.