Xtra Furniture Freedom Chair
LBS Bina listed as ‘Top 10’ by BCI Asia Awards
Malaysia’s construction and building industry (BCI) has been progressively embracing green building practices, recognising developers annually for achieving new heights while keeping the ecosystem in mind. This year, it has placed LBS Bina Group Bhd among the Top 10 developers in the country who share this outlook at the... Read more
UOA gains more ground in Bangsar South
One of the key engines behind the rising prominence of Bangsar South has been UOA Development Bhd’s anchor development, Bangsar South City. However, the company recently indicated that it has more in store for the burgeoning new suburb with the purchase of a 9,686.682 sq ft parcel in the... Read more
Only judges decide on land acquisition compensation
LAND OWNERS SHOULD TAKE NOTE THAT ASSESSORS NO LONGER HAVE THE POWER TO DETERMINE THE COMPENSATION SUM A landmark ruling by the Federal Court has now made it clear that only constitutionally appointed judges can decide on compensation for land acquisitions. The Federal Court ruled last Friday that a... Read more
By-Laws under new Act enforceable in Court
BY The National House Buyers Association This article will address the provisions in the Strata Management Act 2013 (Act 757) (“SMA”) relating to by-laws. The SMA has been tabled and passed by Parliament and was gazetted on Feb 8, 2013.The said legislation has been implemented effective June 1, 2015.... Read more
Citizenship with every US$1mill property purchase!
This may be a longshot, given the current turbulence in the region, but if you are in the market for a complete change of scenery then Turkey is offering citizenship to foreigners who buy properties that are worth at least US$1 million (RM4.44 million). According to Turkey’s Official Gazette,... Read more
Hong Kong stamp duty tax fails to curb price growth
A report on residential sales performance in Hong Kong by Jones Lang LaSalle (JLL) revealed that the mass residential capital value index climbed 0.5 per cent over the last two months. This indicates that the stamp duty hike of 15 per cent on all residential transactions has failed to... Read more
Titijaya receives encouraging response for 3rdNvenue
Titijaya Land Bhd received an overwhelming response for its project called 3rdNvenue in the capital’s Embassy Row during its private preview of Phase 1 earlier this week. The mixed-development project, which will be jointly developed by Titijaya Land and CREC Development (M) Sdn Bhd, has a gross development value... Read more
Non-polluting technologies for healthier environs
BY Kate May Basically, green technology is one that has a green purpose. It aims at contributing to environmental sustainability. Green inventions and innovations are ecologically sound that often involve energy efficiency, recycling, safety and health concerns, renewable resources, and so forth. Solar cell is one of the best... Read more
HSR land acquisition to begin next year
MyHSR Corp Sdn Bhd, the agency tasked with overseeing the KL-Singapore High Speed Rail project (HSR), has announced that land acquisitions for the project will likely take place by the third quarter of 2017. The major bilateral transportation project aims to provide a rapid link between Bandar Malaysia in... Read more
Understanding four bumi attributes in M’sian property
Purchasing properties in Malaysia can be complex at times. If you are new to the game, you may run into terms like bumiputera (or bumi) lots, bumi discounts, bumi quotas and Malay reserved land. These are pretty much unique to the Malaysian property buying experience, but purchasers – both... Read more