Landowners, take note
In a landmark ruling, the Federal Court had yesterday decided that only constitutionally appointed judges can decide on compensation in land acquisitions.
In a landmark ruling, the Federal Court had yesterday decided that only constitutionally appointed judges can decide on compensation in land acquisitions.
This is an excerpt of Part 2 of the Q&A with speakers following TheEdgeProperty.com Symposium on Property Management 2017 on April 8. Part 2 features only questions directed at Chris Tan, managing partner of Chur Associates who received the most number of questions.
The full Part 2 of the Q&A is available online at TheEdgeProperty.com. Please note that the replies reflect the personal views of the speaker and do not constitute legal advice.
Questions from participants of TheEdgeProperty.com Symposium on Property Management 2017 were forwarded to the respective speakers after the symposium on April 8. The speakers have tried their best to reply but due to the number of questions received, some need more time, hence Part 2 of the Q&A will be published next week. Please note that both the questions and answers have been edited for clarity. The answers reflect the personal views of the speakers and do not constitute legal advice.
Housing developers in Negeri Sembilan undertaking projects of two hectares or less are not required to build affordable houses worth RM80,000 per unit.
The judges of the TheEdgeProperty.com Malaysia’s Best Managed Property Awards 2017.
In a report by South China Morning Post (SCMP) today, Zhu Jianmin, vice-president of Country Garden said “they can cancel the transaction and there is no need to pay a forfeit fee”.
Mainland Chinese purchasers of homes in Forest City, Country Garden’s megaproject in Johor, are now staring at the daunting prospect of having to pay a penalty of 30% of the purchase price for pulling out of the deal.
Plans to attract buyers form Southeast Asia, India and the Middle East.
TAHPS Group CEO Eugene Khoo said the project will be made up of 140 units of gated and landed houses on a 20.23ha plot of land.
According to the South China Morning Post (SCMP), Country Garden founder and chairman Yeung Kwok-keung refused to comment on what solutions might be available to the Chinese clients trapped in the grim situation.