Learning the ABCs of property jargon
The first act in taking ownership of your property is signing a document known as the sale and purchase agreement — usually shortened to either SPA or S&P.
The first act in taking ownership of your property is signing a document known as the sale and purchase agreement — usually shortened to either SPA or S&P.
Sold for: RM6 million Concluded by: Shawn Fernandez (E 2445) of Fernstate Sdn Bhd (016-288 1251) When: September 2017 Noteworthy: ● Freehold ● Built-up area of 6,000 sq ft ● Land area of 10,000 sq ft ● 5+1 bedrooms ● 6 bathrooms ● Partly furnished with appliances, curtains, blinds, and air-conditioning units According to the agent who closed the deal, the seller and buyer are Malaysians.
Feeling stressed out and dejected because the housing loan applications you sent out kept getting rejected? While the banks’ risk profiling and credit lending policies may vary slightly from each other, the real culprit could often be something hidden and easily overlooked.
PETALING JAYA (Dec 28): While the property market has remained soft in 2017, Valuation and Property Services Department (JPPH) director-general Nordin Daharom believes the market is still holding up as transactions are still taking place.
KUALA LUMPUR (Dec 28): The Federal Land Development Authority (Felda) and police have applied for the authority’s four plots of land on Jalan Semarak to be placed under a registrar’s caveat, The New Straits Times (NST) reported today.
PETALING JAYA (Dec 27): The police will question former Federal Land Development Authority (Felda) chairman Tan Sri Mohd Isa Samad over the RM270 million land deal at Jalan Semarak, which took place in 2015, during his tenure.
PETALING JAYA (Dec 27): A total of 78 residents of Tiara Faber Condominium and Desa 1 Residences in Taman Desa have lodged a report with the Malaysian Anti-Corruption Commission (MACC) today to investigate the conversion and subsequent sale of land to a private developer.
KUALA LUMPUR (Dec 27): The operating hours of Light Rail Transit (LRT), the Monorail, Mass Rapid Transit (MRT), Rapid Transit Bus (BRT) and Rapid KL Bus services to some stations will be extended until 2am on Monday to accommodate users welcoming New Year 2018.
PETALING JAYA (Dec 26): The Taman Tun Dr Ismail Residents’ Association (TTDI RA) and Save Taman Rimba Kiara Working Group are seeking donations from the public to raise funds for the ongoing court case against Dewan Bandaraya Kuala Lumpur (DBKL) and the KL mayor.