MBPP to absorb SST on parking fees at council lots
PETALING JAYA (Oct 8): Majlis Perbandaran Pulau Pinang (MBPP) will absorb the 6% charge from the Sales and Service Tax (SST) imposed on parking fees for council lots, reported The Star.
Passing on SST savings to buyers not easy
KUALA LUMPUR (October 8): Property developers have until the end of this month to announce the discount that can be passed on to house buyers arising from the sales and services tax (SST) exemption on construction materials, but cutting prices may not be as easy as it is set out to be.
Report: Will there be new taxes on inheritance and capital gains?
KUALA LUMPUR (Oct 6): The Edge Malaysia asked this question as part of its cover story this week: Will we see new taxes on inheritance and capital gains? “Talk of new taxes being introduced normally intensifies as the tabling of the annual budget approaches.
Deadline to finalise RM8.8b Battersea deal extended to Dec 31
KUALA LUMPUR (Oct 6): The deadline to finalise a proposed £1.
Penang’s transport master plan to feature a land tunnel
PENANG (Oct 5): The state’s transport master plan (PTMP) will have a land tunnel since the Persiaran Gurney-Tun Dr Lim Chong Eu bypass dubbed Package 3 will be 50% elevated and 50% underground or at grade, reported The Malaysian Insight news portal today.
Putrajaya: Penang can have more than one city council
PETALING JAYA (October 5): Penang government will proceed with plans for Seberang Prai municipal council (MPSP) on mainland Penang to city to be elevated to city council status.
Selangor orders Sepang council to close mining pool
SHAH ALAM (October 5): The Selangor Government has ordered the Sepang Municipal Council to close down the disused mining pond in Taman Putra Perdana, Puchong once the search and rescue (SAR) operations for the teenager who reportedly drowned there is completed.
Mysterious “loud bang” jolts Ipoh
IPOH (Oct 4): It can get quite quiet in parts of this sleepy Perak capital and when a loud bang and tremor was heard and felt this morning, some folk here got a tad curious/worried.
Sime Darby Property to develop Malaysia's biggest property project alone – report
PETALING JAYA (Oct 4): Sime Darby Property Bhd will be developing the 379,000-acre Malaysia Vision Valley (MVV) to the south of Kuala Lumpur on its own after a Memorandum of Understanding (MoU) inked with two other partners to jointly develop the project lapsed a year ago, reported The Star.
Can a LRT system last ‘forever’? No, says Penang Forum
GEORGE TOWN (Oct 3): In a debate on the durability of a Light Rail Transit (LRT) (pictured) system, Penang Transport Master Plan (PTMP) project manager Szeto Wai Loong was reported saying that “such a system was likely to last forever, requiring only minimal maintenance such as software upgrades in the long run compared with trams and bus-tram hybrids”.
