News about chang

The balance sheet continued to strengthen as at July 31, 2022 with reduction of gross and net gearing levels to 0.

The developer should not arbitrarily impose an exorbitant administrative fee and benefit itself for its own neglect in applying for the strata title.

Tun Razak Exchange (TRX), Malaysia’s new central business district, is set to put Malaysia on par with top global financial centres such as London’s Canary Wharf, Singapore’s Marina Bay and Hong Kong’s International Commerce Centre.

There seems to be an ongoing attempt at circumventing the Federal Court decision to allow the authorities to again extend the deadline for delivery of vacant possession.

PETALING JAYA (June 28): Lendlease and Mulia Group have entered into a partnership on the retail podium at The Exchange 106 in Tun Razak Exchange (TRX).

The man in the street thinks we now have a DIY SPA vide eSPA and there is no need for the services of lawyers in property purchases.

With 580 sick projects against 2,552 launched projects, it also indicated that nearly 23% of house buyers’ fates were determined by those errant developers According to the government’s statistics, as of March 31, 2022, the number of “sick” private housing projects rose to 580, comprising 102,132 units, which affected a total of 51,000 house buyers compared to 365 sick projects comprising 48,826 units affecting a total of 26,145 buyers in March 31, 2020 (Table 1).

This is Part 2 of an article published here.

“When we buy a luxury car for RM800,000, we can get our bank facility within two or three days without a lawyer, but when we buy a house for RM300,000, we are required to have a battery of lawyers to complete the transaction which takes an average of three to six months.

Yesterday (April 13), the Federal Court dismissed the leave applications brought by Country Garden Danga Bay Sdn Bhd (CGDB) against a group of seven unit purchasers of Country Garden Danga Bay, Johor Bahru.