News about MP

“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.

The international event which took place yesterday in Miami, US, saw S P Setia’s Setia Eco Templer in Rawang, bagging the top accolade in the Master Plan category while Setia V Residences, Penang also took the top spot under the Residential High Rise category.

The contract was for the proposed construction and completion of three phases of double-storey houses and other associated works in Hulu Langat, Selangor.

The Kuala Lumpur-centric property developer said the RM3.

Net income fell 13% to RM17.

On Wednesday, the hotels and resorts operator announced that it had entered into a Memorandum of Understanding (MoU) with Choo Kok Yeow, a major shareholder of Cafelink who represents the existing shareholders of the company, to acquire 217,000 ordinary shares in the F&B operator.

SOHO Suites 2 will consist of 664 units with built-ups from 450 sq ft, priced from RM472,000 each.