Real Estate

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URA proposes Safeguards for Short-Term Home Stays

The Urban Redevelopment Authority has outlined a list of safeguards in a long-awaited public consultation on short-term accommodation.

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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

Mandalay Government to seize Idle Farmland

Special teams have been formed to confiscate vacant, fallow and virgin land in seven districts of Mandalay Region on which farming still hasn’t started four years after they were approved for cultivation, said the regional government.
Date: 11 April 2018; Type: Legal News; Source: Myanmar Times

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

Two Airbnb hosts fined $60k each for Illegal Rentals

In the first prosecutions under a new rule outlawing short-term rentals, two former property agents who provided Airbnb-style accomodation were each fined $60,000.
Date: 04 April 2018; Type: Legal News; Source: Singapore Law Watch

Couple to pay Tax on $16M Profit from selling Bungalows

A couple will be taxed from some $16 million they made from buying and selling bungalows after they failed in their appeal to get the profits declared as capital gains instead of income earned.
Date: 04 April 2018; Type: Legal News; Source: Singapore Law Watch

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

Prakash Devi w/o Durga Singh v Devendra Pratap Singh

Land - Interest in land - Tenancy in common  

Date: 26 March 2018; Court: High Court; Citation: [2018] SGHC 53; Source: Singapore Law Watch

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

Kartini DK v Ratna DK

Date: 04 December 2017; Court: Supreme Court of Indonesia; Citation: SC No. 2744 K/Pdt/2017; Source: Supreme Court of Indonesia

Kartini DK v Ratna DK

Date: 04 December 2017; Court: Supreme Court of Indonesia; Citation: SC No. 2744 K/Pdt/2017; Source: Supreme Court of Indonesia

H Syafii v Masturi DKK Susy Angkawijaya v Muhammad Guruh Sukarno Putra Ir H Syafaruddin Rajo Lelo DKK v Zul Akhyar ST Malincahyo DKK more

Govt mulls Fairer Compensation Policy for People affected by Development Projects

Property owners will receive fairer and more prompt compensation when they lose their land or buildings to make way for a development scheme, once a newly-drafted law is passed and promulgated, a policy developer has sai ...

Govt Officials discuss Law on Settlements and Stable Work Illegal Land Titles emerge as Outstanding Issue in Vientiane Govt orders Action to resolve Illegal Occupation of Land more

Mandalay Government to seize Idle Farmland

Special teams have been formed to confiscate vacant, fallow and virgin land in seven districts of Mandalay Region on which farming still hasn’t started four years after they were approved for cultivation, said the ...

Draft YCDC Law to drive Yangon Growth submitted in Parliament Parliament warns Urban Planners to follow the Law Construction Sector under threat from High Tax, Interest Rates more

Landbank Board okays PDS Shares Purchase

MANILA, Mar 2 (PNA) - The Board of Directors of state-owned Land Bank of the Philippines (Landbank) has approved the planned acquisition of Philippine Dealing System Holdings Corp. (PDS) stakes at PHP360 apiece.

Esmeraldo Gatchalian v Cesar Flores and 3 Others Floro Mercene v Government Service Insurance System Irrigable Lands’ Conversion Ban hurdles House’s Third Reading more

EEC Land Leases under Strict Rules for sake of National Interests: Government Spokesman

BANGKOK, Mar 10 (NNT) - A 99-year-old lease on land in the Eastern Economic Corridor will be provided under strict official regulations to protect national interests, said Government Spokesman Lt Gen Sansern Kaewkamnerd.

Government: Thailand has a Law Governing Property Leases in EEC Provinces Seminar held to ensure understanding on New Land and Building Tax Act Songkhla Officials seize Forest from Law-Breaking Venture more

INDUSTRY UPDATES

CCCS clears Proposed Merger between Essilor and Luxottica

The Competition and Consumer Commission of Singapore (“CCCS”) has issued a clearance decision on the proposed merger between Essilor International (Compagnie Generale d’Optique) S.A (“Essilor”) and Luxottica Group, S.p.A. (“Luxottica”) (collectively “Parties”). CCCS has concluded that the merger, if carried into effect, will not infringe the section 54 prohibition of the Competition Act (Cap. 50B).

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INDUSTRY UPDATES

House and Senate successfully hold “Sports Dual Meet 2018”

The House of Representatives and the Senate on Thursday successfully held their second congressional sports invitational tournament dubbed “Sports Dual Meet 2018” at the House Sports Complex in Batasan Hills, Quezon City.

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INDUSTRY UPDATES

President Joko Widodo to attend ASEAN Summit in Singapore

Jakarta Apr 20 (ANTARA News) - President Joko Widodo will attend the the 32nd Association of Southeast Asian Nations (ASEAN) Summit in Singapore on April 27-28, 2018.

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INDUSTRY UPDATES

Police probes Facebook over Data Privacy Violation

Jakarta, Apr 19 (ANTARA News) - The National Police is currently investigating third-party applications on Facebook that have allegedly violated the data privacy of users, an official stated here on Thursday.

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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

Role of In-house Lawyers must evolve, says Judge

In an event that unveiled a study of local general counsel by the Singapore Corporate Counsel Association and global law firm CMS, Judge of Appeal Steven Chong has given in-house counsel several pointers on what they need to do in their evolving role.

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INDUSTRY UPDATES

Passenger-Facing Cameras: encrypt Recordings and restrict Access

The new rule that allows the cab and private-hire car drivers to install infacing cameras should not threaten the passenger privacy according to customer feedback.

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INDUSTRY UPDATES

Cabinet confirms Appointment of New Permanent Secretary of Finance

BANGKOK, Apr 18 (NNT) - The Cabinet has officially confirmed the appointment of the new Permanent Secretary of the Finance Ministry.

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INDUSTRY UPDATES

Thailand preparing to host 12th ASEAN Skills Competition

BANGKOK, Apr 18 (NNT) - Thailand is making preparations to host the 12th ASEAN Skills Competition, the objective of which is to urge adolescents and workers in the region to be enthusiastic about developing their skills in line with new technology.

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INDUSTRY UPDATES

Government pardons nearly 8500 Prisoners, including Student Activists’ Killer

The Presidential Office announced on Tuesday that 8541 prisoners, including 51 foreigners, were released from prisons across the country.

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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

Illegal OFWs in Kuwait have until Thursday to avail of Amnesty Program

KUWAIT, Apr 18 (PNA) - Philippine Ambassador to Kuwait Renato Villa has announced that the Kuwaiti Department of Immigration under the Ministry of Interior has officially declared Thursday (April 19) as the last day for Filipinos to file their application for the amnesty program set to expire on April 22.

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INDUSTRY UPDATES

Indonesia, Vietnam discuss Cooperation in Fisheries and Maritime Affairs

Jakarta Apr 18 (ANTARA News) - Indonesian Foreign Minister Retno Marsudi discussed cooperation in maritime affairs and fisheries with her Vietnamese counterpart, Pham Bihn Mihn, during the third joint commission meeting between the two countries.

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