News by EdgeProp.my

MIPFM president Adzman Shah Mohd Ariffin: With the confusion caused by this recent ruling, occupants might delay their maintenance fee payments, subsequently affecting the management of the building.

Paramount Property also commended Putrajaya’s proposal to revise the base year for real property gains tax (RPGT) from the current year 2000 to 2013, as this would encourage long-term property owners who are looking at upgrading their homes.

It comprises three towers of 64-storeys each and will have a gross development value of RM1.8 billion.

Court of Appeal, Joint Management Body (JMB), High Court, Strata Property Owners Association Selangor, SPOAS

“Developers cannot arbitrarily increase the price from RM500,000 to RM600,000 because of the lowering of the threshold.”

“We want to ensure that we are delivering quality affordable housing units as they are to be homes, not some concrete space. The units must be checked to ensure they can provide a conducive environment.”

A start-up has managed to make things cheaper immediately, by eliminating the security deposit, and offering the same function to landlords as the security deposit in the form of insurance.

Part of MEH’s measures to pare down debt and complete the long-delayed ECD1.

The refurbishment project is part of the Sayangi Rumahku campaign, a joint effort by EdgeProp.my, Paramount Property Development and Nippon Paint Malaysia in support of the National Community Policy or Dasar Komuniti Negara (DKN) formulated by the Housing and Local Government (KPKT) Ministry to improve the lives of the B40 group.

“However, the property overhang is attributed to various factors such as mismatch of products and location rather than pricing alone. Some units remain unsold due to less favourable location in terms of accessibilities, distance and lack of amenities as well as product type.”