The court said in a statement yesterday that the bank was responsible for “severe violations of supervisory provisions” but the financial regulator’s calculation of the fine “incomprehensible”.
Rented for: RM1,200 per month (about RM1.33 psf); Concluded by: Yeo Hock Beng (REN 14090) of Griffin Properties (016-332 2701); When: September 2019
The ranking for the easiest city to get settled as an expat was carried out by InterNations, the world’s largest expat community with over 3.5 million members.
Sources told Bloomberg the move is partly to help fund the US$33.5 billion Bandar Malaysia project in Kuala Lumpur.
Despite the increase, Knight Frank believes that Kuala Lumpur’s overall office market remains under pressure, with high impending supply and landlords continuing to offer attractive lease packages to retain or attract tenants.
Petaling Jaya mayor Datuk Mohd Sayuthi Bakar expressed disappointment over the poor hygiene standards at the market.
A resident said this is the first time the local authority had stepped in. “Normally they only come and discuss but nothing would be done.”
The two residential blocks at Gravit8 — Nordica Residences and Adria Residences, will be handed over to buyers end-2019, in time for buyers to move in before Chinese New Year (end-Jan 2020).
“I wanted to change my lifestyle, maybe start a small business, so that I can have more time for my family and give them a better living environment. This was why I chose to move to Malaysia.”
“Interest towards Malaysian properties was already on the uptrend, especially after the travel show hosted by Hong Kong artist Chapman To called Pick me up to Malaysia went on air end-April.”
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