Johor postpones development charge

JOHOR BAHRU (Sept  25): The Johor government has postponed the development charge approved by the State Planning Committee (SPC), which should have been imposed from Sept 1 on developers who make changes to land use, Bernama reported yesterday.

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Trouble's allure

Luxury and boutique are two buzzwords that’s fast making an imprint on Singapore’s hotel scene, although the new-ish and unapologetically rebellious Vagabond Hotel makes for a most unusual example.

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Tanco proposes 1-for-2 free warrants

KUALA LUMPUR (Sept 22): Tanco Holdings Bhd has proposed the issuance of free warrants to reward shareholders, on the basis of one warrant for every two existing ordinary Tanco shares held on an entitlement date to be announced later.

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DONE DEAL: Three units in a 4-storey shopoffice, Nova Place, Jelutong, Penang

Rented for: RM13,780 a month (including GST) Concluded by: Mayzel Wong (REN 17359) of Khoo & Associates Realty (017-575 8999) When: May 24, 2017 Noteworthy: ● Freehold ● 4-storey shopoffice building with lifts ● Three units with a combined built-up of 4,900 sq ft ● Nearby amenities include restaurants, banks, clinics, hospitals, Jelutong morning market and post office ● 6km away from Penang Bridge, 13km away from Penang International airport and 7km away from George Town Completed at the end of last year, Nova Place (or Pusat Perdagangan Nova in Bahasa Malaysia) is a new commercial area located at Jelutong, Penang.

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