Be aware of challenges to forming sub-MCs

PETALING JAYA (July 12): Forming a subsidiary management corporation (sub-MC) is no easy feat as it is fraught with challenges, said Royal Institution of Surveyors Malaysia (RISM) past honorary secretary general Chan Keat Lim.

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A home is not just a roof over our heads

Now that Malaysians have given their input on their ideal home through the Lafarge-EdgeProp MYHOME survey, the organisers of this initiative are eager to see the creation of the Malaysian ideal home.

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Hong Kong to introduce flats with fireproof shelters on each floor

PETALING JAYA (March 20): New private housing estates featuring fireproof shelters on each floor will hit the Hong Kong (pictured) market from the second half of this year as a means of protecting elderly and disabled residents who cannot flee the flames on time, reported the South China Morning Post.

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50% tax exemption on rent should be given to tenants, not landlords, says RISM

PETALING JAYA (Oct 27): It will be more appropriate if the government granted the 50% tax exemption to tenants as they are the party in need of assistance, instead of rewarding landlords with the Budget 2018 measure to halve tax on rental income, said the Property Management, Valuation and Estate Agency Surveying (PMVS) Division of the Royal Institution Of Surveyors Malaysia (RISM) in a statement today.

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More developers helping homebuyers with their downpayments

PETALING JAYA (Sept 20): To embrace the current challenging market conditions, more developers are assisting buyers with the 10% downpayment and are lower selling prices to boost sales, according to a recent survey by the Real Estate and Housing Developers’ Association Malaysia (Rehda).

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