malaysia - Real Estate - News

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

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

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

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

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

New Regulations planned to ease Redevelopment of Public Housing

PUTRAJAYA, Jan 17 (Bernama) - The government plans to introduce new regulations to ease the redevelopment of public housing schemes that are more than 25 years old and to protect the rights of the original residents.
Date: 17 January 2018; Type: Legal News; Source: Bernama

Approval Letter mandatory for Transaction of GLC Land

KUALA LUMPUR, Jan 15 (Bernama) - The government has introduced the federal and state government's Letter of Authorisation to federal and state Government-Linked Companies (GLCs) for land transactions to ensure land ownership by GLCs can be controlled and monitored to prevent any manipulation which can negatively implicate the government. The N ...
Date: 15 January 2018; Type: Legal News; Source: Bernama

Land Ownership Final Issue to set Felda on Right Track - Shahrir

KUALA LUMPUR, Dec 27 (Bernama) - Felda chairman Tan Sri Shahrir Abdul Samad believes efforts to regain the Felda-owned land which was transferred through dubious transactions will be the final step in striving to put Felda on the right track.
Date: 27 December 2017; Type: Legal News; Source: Bernama

Acquisition of Underground Land is now regulated Nationally

KUALA LUMPUR, Nov 30 (Bernama) - The National Land Council (MTN) today agreed to set a minimum depth for acquisition of underground land for development purposes, says Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
Date: 30 November 2017; Type: Legal News; Source: Bernama

32,700 Hectares gazetted as Orang Asli Reserve Land

KUALA LUMPUR, Nov 24 (Bernama) - A total land area of 32,700 hectares has been gazetted as reserve land for Orang Asli communities nationwide, said Rural and Regional Development Minister Datuk Seri Ismail Sabri Yaakob.
Date: 24 November 2017; Type: Legal News; Source: Bernama

Court allows Application by Four Amanah Members to strike out Suit by Batu PAS over Property

KUALA LUMPUR, Nov 20 (Bernama) - The High Court here today allowed an application by four Parti Amanah Negara (Amanah) members to strike out a suit by PAS and its Batu divisional leader Azhar Yahya for the return of two units of shop lots in Batu.
Date: 20 November 2017; Type: Legal News; Source: Bernama

Amendment to Land Code on Pemakai Menoa and Pulau Galau in May 2018 - Uggah

KUCHING, Nov 17 (Bernama) - The amendment to the Land Code relating to Pemakai Menoa and Pulau Galau (PMPG) should be ready for tabling in the Sarawak State Legislative Assembly in May 2018, said Sarawak Deputy Chief Minister Datuk Amar Douglas Uggah Embas.
Date: 17 November 2017; Type: Legal News; Source: Bernama

LPPSA New Requirements restrict Civil Servants from Buying House

KUANTAN, Nov 13 (Bernama) - The recent move by the Public Sector Home Financing Board (LPPSA) to tighten housing loan eligibility requirements for civil servants may restrict their chances of owning a house.
Date: 13 November 2017; Type: Legal News; Source: Bernama

Sarawak Legislative Assembly approves Regional Corridors Development Authorities (Amendment) Bill 2017

KUCHING, Nov 9 (Bernama) - The Sarawak State Legislative Assembly today passed the Regional Corridors Development Authorities (RECODA) (Amendment) Bill 2017 to allow for the demarcation of the Sarawak Corridors of Renewal Energy (SCORE) into sub regions.
Date: 09 November 2017; Type: Legal News; Source: Bernama

Special Committee studying Amendments to Trustees Act - Azalina

PUTRAJAYA, Nov 9 (Bernama) - A special committee has been set up to conduct a study on the proposed amendments to strengthen the Trustees (Incorporation) Act 1952 (Act 258), said Minister in the Prime Minister's Department Datuk Seri Azalina Othman Said.
Date: 09 November 2017; Type: Legal News; Source: Bernama

Twelve NCR Landowners lose Legal Challenge to claim Ancestral Land

PUTRAJAYA, Nov 7 (Bernama) - Twelve native customary rights land (NCR) owners from Pantu Sri Aman lost their 12-year legal challenge to claim their ancestral land in the Sg Tenggang development area in Sarawak.
Date: 07 November 2017; Type: Legal News; Source: Bernama

Landowners in Perak urged to comply with Land Title Conditions

IPOH, Nov 1 (Bernama) - Landowners in Perak, especially those running livestock breeding activities, have been urged to comply with the express conditions of their land titles to avoid polluting the environment and causing problems for nearby residents.
Date: 01 November 2017; Type: Legal News; Source: Bernama

Government mulls Law to allow House Sale Ads

KUALA LUMPUR, Oct 31 (Bernama) - The Urban Well-being, Housing and Local Government Ministry plans to draw up a law to allow house sale advertisements to prevent buyers from being cheated.
Date: 31 October 2017; Type: Legal News; Source: Bernama

Compulsory Safety Inspections of Buildings once in Two Years - Surveyors

KUALA LUMPUR, Oct 9 (Bernama) - The Royal Institution of Surveyors Malaysia (RISM) and Registered Building Survey (RBS) practitioners have proposed that the government comply with periodic safety inspections of high-density buildings once every two years, rather than the current practice of once every 10 years.
Date: 09 October 2017; Type: Legal News; Source: Bernama

INDUSTRY UPDATES

Lawyer claims Trial to CBT of more than RM100,000

GEORGE TOWN, Apr 20 (Bernama) - A lawyer pleaded not guilty in the Sessions Court here today to criminal breach of trust involving more than RM100,000.

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INDUSTRY UPDATES

IRBM confirms having issued Letters to International Schools

KUALA LUMPUR, Apr 19 (Bernama) - The Inland Revenue Board of Malaysia (IRBM) today confirmed that it had recently issued letters to the management of several international schools, here.

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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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