NEWS
CIPAA will bring Positive Changes to Construction Industry, says MBAM
KUALA LUMPUR, April 16 (Bernama) -- The establishment of the Specialised Construction Court (SCC) and the implementation of the Construction Industry payment and Adjudication Act (CIPAA) will bring positive changes to the construction industry.
CIPAA 2014 seeks to exempt Two Categories of Government Construction Contracts
KUALA LUMPUR, April 15 (Bernama) -- The Construction Industry Payment and Adjudication (Exemption) Order 2014 (CIPAA), which comes into force today, seeks to exempt two categories of government construction contracts.
Amended Housing Development (Control and Licensing) Act to be enforced Next June
KUALA LUMPUR, April 2 (Bernama) -- The amended Housing Development (Control and Licensing) Act 1966 is expected to be enforced starting next June, among others to ensure problems relating to abandoned private housing projects are not repeated.
Rehda wants GST be implemented gradually
PETALING JAYA, March 10 (Bernama) -- The Real Estate and Housing Developers' Association Malaysia (REHDA) has proposed that the goods and services tax (GST) be implemented gradually as it will have an adverse impact on the affordability of housing to
ID Tags for Registered Real Estate Agents from May 1
PUTRAJAYA: Real estate agents and their negotiators need to carry an official identification tag from May 1 to distinguish them from bogus agents.
Minimum Threshold of Property Acquisition by Foreigners raised to RM1 Million
KUALA LUMPUR: The minimum threshold for property acquisition by foreign interests has been raised to RM1mil per unit from RM500,000 effective tomorrow, the Economic Planning Unit (EPU) in the Prime Minister's Department said.
RPGT have little effect in curbing speculation
KUALA LUMPUR: The tightening measures implemented by the government will significantly curb excessive speculative activity in the property sector, an international property consultant said.
New Buildings must comply with Criteria to get Approval
NEW developments, be it commercial or residential, must fulfil a list of green criteria set by the Petaling Jaya City Council (MBPJ) before the green light is given.
Court of Appeal upholds Ho Hup-s Purchase of Bukit Jalil Devt
KUALA LUMPUR: The Court of Appeal has upheld the court order for Ho Hup Construction Co Bhd to purchase Zen Courts Sdn Bhd's 30% stake in Bukit Jalil Development Sdn Bhd for RM35.97mil.
Government to impose New Condition to curb Property Speculation
KUALA LUMPUR, Feb 17 (Bernama) -- The Ministry of Urban Wellbeing, Housing and Local Government plans to enforce a new condition to curb property speculation, said its Minister Datuk Abdul Rahman Dahlan.
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