malaysia - Real Estate

Government approves Sekolah Menengah Chong Hwa's Federal Land Lease Application - Wan Junaidi

KUALA LUMPUR, Apr 17 (Bernama) - The government has approved the application of Sekolah Menengah Persendirian Chong Hwa, Sentul, for a 1.2 hectare of federal land under 99 years' lease for the purpose of building the school's sports complex.
Date: 17 April 2018; Type: Industry Updates; Source: Bernama

Ex-Gatco Settlers loses Legal Battle over Land in Federal Court

PUTRAJAYA, Apr 16 (Bernama) - A total of 140 former Kampung Gatco settlers lost their legal battle in the Federal Court today over a land in Bahau Negeri Sembilan.
Date: 16 April 2018; Type: Legal News; Source: Bernama

Jalin Anak Mangi and 4 Others v Masranti Sdn Bhd and 3 Others

Date: 12 January 2018; Court: High Court of Sabah & Sarawak; Citation: Suit No. KCH-21NCvC-16/10-2016; Source: High Court of Sabah and Sarawak

Establish Central Agency to oversee Affordable Housing - Rehda

PETALING JAYA, Apr 4 (Bernama) - The Real Estate and Housing Developers's Association (Rehda) has called for the establishment of a central agency to oversee affordable housing matters.
Date: 04 April 2018; Type: Industry Updates; Source: Bernama

Designation under Paragraph 5(1)(b) of the Federal Lands Commissioner Act 1957

This is to notify that the officers named in the Schedule have the authority to witness the affixing of the seal of the Corporation to all deeds, documents and other instruments requiring the seal of the Corporation for the period they serve with the Department of Director General of Lands and Mines.
Date: 28 March 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (B) 144 of 2018; Source: AGC Federal Gazette

Revocation of Designation under Paragraph 5(1)(b) of the Federal Lands Commissioner Act 1957

This is to notify the designation of officers named in the schedule is hereby revoked.
Date: 28 March 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (B) 145 of 2018; Source: AGC Federal Gazette

Kumpulan Darul Ehsan Berhad v Pentadbir Tanah Daerah Sepang and 3 Other Appeals

Date: 25 January 2018; Court: Court of Appeal; Citation: Civil Appeal Nos. B-01(A)-402-10/2016, 403-10/2016, 404-10/2016 & 405-10/2016; Source: Federal Court Registry

Dharijthullah Khan Bin M Kamal v Soori Themed A/L Appanah

Date: 08 March 2018; Court: Court of Appeal; Citation: Civil Appeal No. P-02(NCVC)(W)-1986-10/2016; Source: Federal Court Registry

Government plans to amend Small Estates (Distribution) Act

KUALA LUMPUR, Mar 21 (Bernama) - The Government plans to amend the Small Estates (Distribution) Act 1955 (Act 98) to enable the distribution of hereditary lands without any inheritance agreement to be decided by the land administrator according to the 'majority rule' method, the Dewan Rakyat was told today.
Date: 21 March 2018; Type: Legal News; Source: Bernama

Public Response Paper on Proposed Amendments to Guidelines on Real Estate Investment Trusts and Streamlining of Post-Listing Requirements for Listed Real Estate Investment Trusts with Listed Corporations

This Public Response paper is issued in response to the feedback received from the respondents on the proposed policies, together with the SC’s comments, pursuant to the Public Consultation Paper on the proposed amendments to the Real Estate Investment Trusts (REITs) Guidelines and streamlining of post-listing requirements for ...
Date: 15 March 2018; Type: Feedback; Source: Securities Commission

Ministry to review PPR Transit Home Policy - Noh Omar

SUNGAI PETANI, March 1 (Bernama) - The Ministry of Urban Wellbeing, Housing and Local Government (KPKT) will review the People's Housing Project (PPR) Transit Home policy to enable tenants to buy their units through a rent-to-own scheme.
Date: 01 March 2018; Type: Legal News; Source: Bernama

Notice of Proposed Revocation of Reservation of Land for Public Purpose

The Land Executive Committee of the Federal Territory of Kuala Lumpur revokes a part of the reserved land allotted for the setting up of the Malaysian Armed Forces transmitting station.
Date: 22 February 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (B) 96 of 2018; Source: AGC Federal Gazette

Notification of Alteration of the Boundary of Town of Kuala Lumpur

This is to notify that the Land Executive Committee of the Federal Territory of Kuala Lumpur has altered its boundary by adding Section 63 to the area of Section 57 Town of Kuala Lumpur.
Date: 26 February 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (B) 97 of 2018; Source: AGC Federal Gazette

Reservation of Land for Public Purpose

The Land Executive Committee of the Federal Territory of Labuan reserves the land described in the Schedule for the purpose to wit a site to house a place of worship for non-Muslim.
Date: 26 February 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (B) 98 of 2018; Source: AGC Federal Gazette

Revocation of Reservation of Land for Public Purpose

This is to notify that the Land Executive Committee of the Federal Territory of Kuala Lumpur has revoked the land described in the Schedule.
Date: 26 February 2018; Type: Federal Subsidiary Legislation; Citation: P.U. (B) 99 of 2018; Source: AGC Federal Gazette

Those using Banned Construction Material risk Legal Action - Noh

MARANG, Feb 15 (Bernama) - Legal action will be taken on those using construction material prohibited by the Fire and Rescue Department (JPBM) at their homes or other premises.
Date: 15 February 2018; Type: Legal News; Source: Bernama

Ramachandram A/L Appalanaidu and 102 Others v Gasing Meridian Sdn Bhd

Date: 12 February 2018; Court: Court of Appeal; Citation: Civil Appeal No. W-02(IM)-1356-06/2013; Source: Federal Court Registry

Superintendent of Lands and Surveys Kuching Division and 3 Others v Kuching Waterfront Development Sdn Bhd

Date: 23 January 2018; Court: Court of Appeal; Citation: Civil Appeal No. Q-01(W)-386-12/2015; Source: Federal Court Registry

Faridah Binti Haji Hasbi and 5 Others v Tajuk Merdeka Snd Bhd

Date: 10 January 2018; Court: High Court of Sabah & Sarawak; Citation: Originating Summons No. KCH-24-71/7-2017; Source: High Court of Sabah and Sarawak

INDUSTRY UPDATES

Tax Exemption on Mega Projects given since 1980s - Customs DG

PUTRAJAYA, Apr 19 (Bernama) - Tax exemptions have been awarded to several large projects owned by the Government since the 1980s, and the issue of waiving the Goods and Services Tax (GST) for procurement of materials and services related to the East Coast Rail Link (ECRL) project should not be played up, said Customs Director-General Datuk Seri Subromaniam Tholasy.

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INDUSTRY UPDATES

GST Compliance good, says Customs Department

KUALA LUMPUR, Apr 18 (Bernama) - The Goods and Services Tax (GST) compliance in Malaysia is good even though there is still a need to continue to promote tax education.

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INDUSTRY UPDATES

Government will not raise GST Rate - DPM Zahid

BAGAN DATUK, Apr 18 (Bernama) - The government has given an assurance that the country's Goods and Service Tax (GST) of sic per cent will not be raised, even after the 14th General Election.

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INDUSTRY UPDATES

Government approves Sekolah Menengah Chong Hwa's Federal Land Lease Application - Wan Junaidi

KUALA LUMPUR, Apr 17 (Bernama) - The government has approved the application of Sekolah Menengah Persendirian Chong Hwa, Sentul, for a 1.2 hectare of federal land under 99 years' lease for the purpose of building the school's sports complex.

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INDUSTRY UPDATES

World's First Crypto Currency Guarantee against Theft

KUALA LUMPUR, Apr 18 (Bernama) - In a world's first, GoldCrypto will protect and guarantee its cryptocurrency tokens from any theft through hacking.

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INDUSTRY UPDATES

Court's Judgments now available on Malaysian Judgments Portal

KUALA LUMPUR, Apr 16 (Bernama) - Everyone can now read Malaysian courts' judgments on the Malaysian Judgments Portal for them to have better understanding of the law, Chief Justice Tun Raus Sharif said today.

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INDUSTRY UPDATES

IRBM continues Drive to counter Tax Leakages

KUALA LUMPUR, Apr 17 (Bernama) - The Inland Revenue Board of Malaysia (IRBM) today said it will continue with the drive to counter the threat of aggressive tax planning, base erosion and profit shifting, and tax evasion practices that cause tax leakages.

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INDUSTRY UPDATES

Bursa Malaysia launches Intraday Short-Selling for all Investors

KUALA LUMPUR, Apr 16 (Bernama) - Bursa Malaysia Bhd has introduced Intraday Short-Selling (IDSS) for all investors as part of the exchange's strategy to boost market liquidity.

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INDUSTRY UPDATES

Anti-Fake News Act Not just meant to protect Government

KOTA TINGGI, Apr 14 (Bernama) - The false message that claimed the Tunku Mahkota of Johor Tunku Ismail Sultan Ibrahim would provide aid to the public at several supermarkets is the first case being investigated under the Anti-Fake News Act 2018, said Minister in the Prime Minister's Department Datuk Seri Azalina Othman Said.

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INDUSTRY UPDATES

AGC rejects Request from 'Pak Su' to withdraw Incest Charges

KUALA LUMPUR, Apr 12 (Bernama) - The Attorney General's Chambers has rejected a letter of representation from an uncle known as 'Pak Su' requesting to withdraw 587 charges of incest and attempted rape involving three of his nieces.

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INDUSTRY UPDATES

IRBM contributes Teaching Aid to Schools

BUKIT MERTAJAM, Apr 12 (Bernama) - The Inland Revenue Board of Malaysia (IRBM) today handed out a teaching aid each to the District Education Office and four selected schools, here.

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INDUSTRY UPDATES

Government declares May 9 as Public Holiday to allow People to go to the Polls

KUALA LUMPUR, Apr 11 (Bernama) - There should be no more excuse for all registered voters not to cast their votes after the government announced that May 9, which is polling day for the 14th General Election (GE14), a public holiday in the country.

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INDUSTRY UPDATES

Trade Unions urged to use PLWS in Employees' Wage Increase

PETALING JAYA, Apr 11 (Bernama) - Trade unions have been urged to use the Productivity Link-Wages System (PLWS) in determining the annual wage increase for outstanding employees.

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INDUSTRY UPDATES

Tunku Abdul Rahman honoured with Inaugural 'Tokoh Hawana' Award

KUALA LUMPUR, Apr 11 (Bernama) - The late Tunku Abdul Rahman Putra A-Haj, the Father of Independence and Father of Malaysia, was today honoured with the inaugural Tokoh Hawana´ National Journalists´ Day 2017/18 Award for his contributions and services to developing and promoting journalism and the media in the country as well as his invaluable contributions in the international arena.

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INDUSTRY UPDATES

NSIC to widen tie-ups to foster MSME Growth

“National Small Industries Corporation (NSIC) is set to widen the tie-ups to ‘more’ foreign organisations/bodies which were dealing with MSMEs in their respective nations and also plans to work closely with State governments on skill development, to foster MSME sector’s overall growth in India”.

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