In Depth

LAD to be calculated from collection of ‘booking fee’ — Federal Court

In a landmark decision on Jan 19, 2021, the Federal Court has delivered its grounds of judgement in respect of the case of PJD Regency Sdn Bhd v Tribunal Tuntutan Pembeli Rumah & Another & 6 Other Appeals. It has finally clarified the legal position as to when time starts to run, in respect of VP of the property.

Does the Covid-19 Act help contractors?

While MBAM deputy president Oliver Wee Hiang Chyn welcomes the move as it benefits the industry as a whole, he pointed out contractors need more attention and help.

Post-pandemic: What could fuel economic recovery

Rehda president Datuk Soam Heng Choon: When the economy moves, people will have more income and are more willing to buy property, so that we (developers) can provide more jobs. Because of the political overhang, the economy is not moving and foreign investors are not coming in.

Bleak outlook for retail sector

As most retailers are categorised under non-essential industry, they have no permission from authorities to operate.

Impact of MCO 2.0 on the property market

The building and development industry is among the many hard-hit sectors, but gritting their teeth through it, its key stakeholders concur MCO 2.0 is necessary.

Michael Jackson's Neverland Ranch finally off the market

Within 2,700 acres, it consists of a 12,000 sq ft main house, two guest houses with four bedrooms and two bedrooms respectively, several barns, animal shelter facilities, a maintenance shop and a four-acre lake with a fountain.

Designing for independent senior living

Design for independent senior living has not seen much demand for now, as there has not been much awareness on such a concept, says Malaysian Institute of Interior Designers (MIID) deputy president Ooi Boon Seong.

‘Age in place’ should have a more stringent definition

Jones Lang Wootton executive director Malathi Thevendran: To target the seniors and to provide age-in-place amenities in the true sense, the development has to provide for all aspects of senior living, such as independent, assisted and full care