News about state

The valuer for Semantan Estate, CBRE | WTW chairman Foo Gee Jen, had estimated mesne profit without interest to be about RM3.

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MM2H consultant, Gary Crestejo: For participants from developed countries, West Malaysia is still a closer match over East Malaysia as the lifestyles of cities like Kuala Lumpur and Penang are more similar to their hometowns, which will be easier to adapt Sunway University economist Dr Yeah Kim Leng said the initiative is laudable as it gives Sabah an edge to attract more MM2H applicants, where a greater number of investors and rich retirees will help to boost the economy.

The MOU aims to escalate efforts in pooling together ideas, resources and ecosystem partners to do more in making the city liveable, sustainable and prosperous, together.

The group said it is acquiring the stake in Gplex Properties Sdn Bhd from Googolplex Holdings Bhd, which will still own the other 49.

“Through the programme, the government’s aim should be to help the industries and the nation’s economy recover, so companies can offer more jobs to more workers and be profitable to pay taxes.

Market will grow as there is stability in the country Secondary market is expected to perform from pent-up demand The Malaysian property market is expected to improve in 2023 as long as the fundamentals and government’s support through incentives are in check, according to the Malaysian Institute of Estate Agents (MIEA).

President Datuk Chua Soon Ping complimented the state government in listening to Shareda’s recommendation to set the fixed deposit amount to RM200,000 as opposed to RM1.

Since 2013, banks have somehow been “selling” and “billing” the security documents to lawyers for prices ranging between RM100 and RM600.

Bank Negara Malaysia wants banks to cease charging a fee relating to the provision of housing loan or home financing documentation for financial customers.