Property Chat - Why you need lawyers in property transactions, unlike buying cars (Part 2)
This is Part 2 of an article published here.
UOA Group launches Komune Living & Wellness
KUALA LUMPUR (May 13): UOA Group has officially launched Komune Living & Wellness, an integrated co-living and wellness facility located in Bandar Tun Razak, Cheras.
Kein Hing to construct RM5m factory in Vietnam as part of future expansion plans
KUALA LUMPUR (May 13): Kein Hing International Bhd on Thursday announced it has awarded an RM5 million construction contract to a third party main contractor in Vietnam for the proposed construction of a single-storey factory.
Sentral REIT 1Q NPI declines 2.9% to RM30.51m
KUALA LUMPUR (May 12): Sentral Real Estate Investment Trust (Sentral REIT)’s net property income (NPI) in the first quarter ended March 31, 2022 (1QFY22) dropped by 2.
Mah Sing’s M Senyum Phase 1 in Sepang fully taken up
PETALING JAYA (May 12): Mah Sing Group Bhd’s M Senyum Phase 1 (Camellia), comprising 262 units of two-storey terrace houses with a gross development value of approximately RM144.
S P Setia announces the winners for the Setia KARYA Hotel Art Campaign
PETALING JAYA (May 11): S P Setia announced the top six winning artists for its Setia KARYA hotel art campaign contest on Tuesday (May 10) during the judging walkthrough and winners’ announcement at Setia SPICE Convention Centre in Penang.
Pensonic sells land with factory in Penang to paper pulp maker for RM15.8m
KUALA LUMPUR (May 10): Pensonic Holdings Bhd is selling a piece of land in Seberang Perai Tengah, Penang, that has a factory built on it to paper pulp manufacturer HZ Green Pulp Sdn Bhd (HZGP) for RM15.
Property Chat - Why you need lawyers in property transactions, unlike buying cars (Part 1)
“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.
Maybank IB cuts Genting Malaysia FY22 EPS by 40% as Omicron seen dampening recovery
KUALA LUMPUR (May 6): Maybank Investment Bank (Maybank IB) on Friday cut Genting Malaysia Bhd's earnings per share (EPS) for the financial year ending Dec 31, 2022 (FY22) by 40% as the Omicron wave which began in Malaysia in February slows Resorts World Genting's (RWG) recovery.
Platinum Victory and Jakel's JV granted the first social loan financing in Southeast Asia
PETALING JAYA (May 5): Platinum Victory’s Jayyid Land Sdn Bhd, a joint venture (JV) with Jakel Group, is the first developer in Southeast Asia to be granted the Social Loan Principles (SLP)-based financing by HSBC.
