The Edge: Imposing a tax on unsold and vacant properties will be a disaster
It was recently reported that a vacancy tax on unsold properties may be imposed on property developers to reduce the overhang.
Plantation and Commodities Minister Khairuddin Aman Razali fined RM1,000 by MoH
KUALA LUMPUR (Aug 22): Plantation Industries and Commodities Minister Datuk Dr Mohd Khairuddin Aman Razali (pictured) has been issued a compound for RM1,000 by the Ministry of Health.
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Report: Boustead Holdings plans to divest more than RM1b worth of properties
KUALA LUMPUR (Aug 22): Boustead Holdings Bhd has plans to divest more than RM1 billion worth of properties, reported The Edge Malaysia this week.
Boustead's KL property up for sale
PETALING JAYA (Aug 21): Boustead Holdings Bhd has put up one of its properties in Kuala Lumpur for sale.
DONE DEAL: Bungalow, Taman Shanghai, Old Klang Road, KL
Sold for: RM4 million (RM417 psf against land size) Concluded by: Neville Peter Massang (REN 24547) (012-201 9216) of I-Prop Realty (USJ) Sdn Bhd When: May 2020 Noteworthy: ● Freehold ● Land size: 9,583 sq ft; Built-up size: 4,094 sq ft ● 6 bedrooms; 5 bathrooms ● Partly furnished with ceiling fans, lightings, curtains, kitchen cabinets and wardrobes.
Turiya gets UMA query over sharp rise in share price, trading volume
KUALA LUMPUR (Aug 19): Bursa Malaysia Securities Bhd has issued an unusual market activity (UMA) query today to Turiya Bhd on the company’s sharp rise in share price and trading volume recently.
Sunway Group President Datuk Chew Chee Kin made Tan Sri in Agong’s birthday honour
PETALING JAYA (Aug 19): Sunway Group president Dato Chew Chee Kin was made ‘Tan Sri’ by Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah in conjunction with His Majesty’s birthday.
Committed to creating a ‘lovable’ township
For Perdana ParkCity Sdn Bhd, the master developer of Desa ParkCity and a subsidiary of Samling Strategic Group, building a sustainable township is to create a “lovable” township with the human touch.
