They comprise a special premium scheme, interest-free instalment payment for development charges, tax exemption for vacant land assessment, a 50% discount on the vacant building assessment tax, and business license fee exemption SHAH ALAM (March 15): The Selangor government has introduced five incentives to drive investments into its Integrated Development Region in South Selangor (Idriss).
Jointly developed with Temokin Holdings Sdn Bhd, Tropicana Miyu comprises 271 units with built-ups from 600 sq ft to 2,183 sq ft.
DONE DEAL: Shophouse, Damai Complex, Kuala Lumpur DONE DEAL: Warehouse, Jalan Bangi, Semenyih, Selangor Taman Desa Minang is a well-established neighbourhood in Batu Caves, Selangor, hosting affordable homes and industrial areas.
DONE DEAL: Bungalow, Country Heights, Kajang, Selangor DONE DEAL: Terrace house, Alor Gajah, Melaka The warehouse is located strategically at the industrial area of Jalan Bangi in Semenyih, Selangor.
DONE DEAL: Bungalow, Bukit Tunku, Kuala Lumpur DONE DEAL: Industrial land, Pajam, Negeri Sembilan The property is nestled in the enclave of Country Heights which is also strategically located in the interchange of Kajang, Selangor.
Paragon Union said the disposal provides an opportunity for the group to unlock and realise the value of the property, which it expects to record a net pro forma gain of RM11.
The SPA was conditional upon: i) the vendor obtaining the state authority's consent to transfer the RGP lots to Kawan Food's wholly owned Kawan Food Manufacturing Sdn Bhd (KFMSB), who inked the deal; and ii) RGP signing an SPA with PKNS for the sale of the PKNS lots to RGP, so that RGP could transfer it to KFMSB.
DONE DEAL: Semi-detached unit, Seksyen 22, Petaling Jaya, Selangor DONE DEAL: Shophouse, Pandan Indah Commercial Park, Ampang, Kuala Lumpur Taman Impian Ehsan is a housing area located in Seri Kembangan, Selangor, surrounded by shoplots and industrial buildings.
“Strata-based developments are becoming more common in urban or semi-urban areas such as Kuala Selangor.
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“We asked Rehda why many developers were not building affordable housing to meet demand and were informed that there were many factors beyond their control, such as the rising cost of building materials,” Selangor housing, urban wellbeing and entrepreneur development committee chairman Rodziah Ismail.
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