News about freehold

The disposal, involving a 4,065 sq m commercial plot with a single-storey building erected thereon, is expected to generate a gain of about RM8.

While we have discovered quite a number of terraced houses actually selling below RM600,000 in the secondary market, we did wonder if these were really good deals.

BUKIT JALIL: JRK Group will be unveiling the company’s second project JRK Convena in Bukit Jalil, Kuala Lumpur on Saturday (Jan 9, 2021), said the executive chairman Datuk Sri Jerry Kwan.

The land laws of Peninsular Malaysia are governed by the National Land Code, 1965 (Act 56 of 1965) (NLC) and has been in force since Jan 1, 1966.

KUALA LUMPUR (July 14): Hextar Global Bhd announced that its wholly-owned subsidiary Halex Link Sdn Bhd (HLSB) completed the sale of its industrial freehold land in Johor to Plato Chemical (M) Sdn Bhd (PCSB) yesterday.

KUALA LUMPUR (May 7): London Biscuits Bhd, which is currently under liquidation, is selling seven parcels of freehold industrial land in Johor Bahru for RM70 million.

KUALA LUMPUR (March 17): SYF Resources Bhd is selling a parcel of freehold land it owns in Semenyih via a wholly-owned subsidiary for RM33.

  PETALING JAYA (April 2): Sime Darby Plantation Bhd (SDP) is seeking sale of some 4,300 acres of freehold estate land in Peninsular Malaysia, which they estimate will bring in RM1 billion.

KUALA LUMPUR (April 30): Eng Kah Corp Bhd has announced the disposal of its vacant freehold land in Negeri Sembilan for RM9.

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.