New Flash Flood Hotspots at Kajang Town Centre?

Is Kajang your next investment property hotspot or target location for new home sweet home? Unfortunately, flash flood hits Kajang town centre today. Be aware of this! The most worrying thing is: Will it become one of the flash flood hotspots in future? You may not want to experience it whenever raining season comes, like [...]

Legal Fees for Buying Second Hand or Subsale House in Malaysia

Example: Subject Matter: SPA/House Erected on Individual Leasehold Title Purchase Price: RM420,000 (A) Legal Fees: To our professional charges in taking your instructions in respect of the said matter, to all attendances, consultations, correspondences and miscellaneous work incidental thereto = RM3,390 (According to the Solicitors’ remuneration Oder 1% of the first RM150,000 and 0.7% of [...]

Property Tycoon Tan Sri Lee Kim Yew Second Daughter Miss Dianna Lee Cheng Wen is One of The Youngest CEO in Malaysia

Miss Dianna Lee Cheng Wen In June 2011, she was appointed as Group CEO of Country Heights Holding Berhad, at 25 years old, becoming one of the youngest CEOs in Malaysia. Second daughter of property tycoon Tan Sri Lee Kim Yew. Graduated with a Bachelor of Science in Corporate Finance and Organizational Management from the [...]

Setia Eco Cascadia Official Launch on 10 December 2011

Setia Miracle Melodies Night 2011 Singers: Fish Leong & Zainal Abidin Date: 10 December 2011 (Saturday) Time: 7pm Venue: Setia Eco Cascadia, Johor Ticket: Free admission (ticket redemption at Setia Eco Cascadia Sales Gallery is required) Organizer: S P Setia Website: http://cascadia.com.my/

How To Check TNB Bill Online and Monitor Tenant Electricity Bill Payment

Have your tenant paid the TNB electricity bill? How to monitor the situation? A landlord can actually check TNB bill online to monitor his/her tenant’s electricity bill payment history by signing up the TNB e-Services. Here are some of the important details that you can check with TNB e-Services: TNB account’s detailed information Bill History [...]

Sunrise Property For Sell or Rent in 3 Steps

Are you worrying about to find a good tenant for your Sunrise property in Mon’t Kiara? The developer is now helping you to promote your property through companies, real estate agents and embassies. Can consider this as another good reason for you to buy property in Mon’t’ Kiara from Sunrise Berhad, a wholly owned unit [...]

Sale And Purchase Transaction in Malaysia Part 6 of 6

Issue of Tax Payable, i.e. Real Property Gains Tax (RPGT) “Real Property Gains Tax (RPGT) shall be charged on every ringgit of the total amount of chargeable gains accruing to a chargeable person in a year of assessment in respect of each category of disposal of chargeable assets…” (Excerpt from Section 3 of the Real [...]

Sale And Purchase Transaction in Malaysia Part 5 of 6

Stamp Duty Payable Payment of stamp duty(ies) for any and/or all documents is essential to enable such documents thereof to be tendered as an evidence in a court of law. The stamp duty(ies) payable varies in accordance with the type of documents in question and such calculation of stamp duty(ies) is governed by the scale [...]

Sale And Purchase Transaction in Malaysia Part 4 of 6

Procurement of the requisite State Authority’s approval/consent pursuant to Section 433B of the National Land Code, 1965 (for Foreign Investor) The Foreign Investment Committee’s (FIC) approval/consent in respect of any purchase of Real Property by foreigners is no longer required and has been abolished since the year 2007. The FIC approval/consent has since been substituted [...]

Sale And Purchase Transaction in Malaysia Part 3 of 6

Procurement of The Requisite State Authority’s Approval/Consent (for Real Property with Restriction-In-Interest) Investor should always be vigilant on the type of Real Property, which is being purchased. In this regard, attention should be given to the expressed and implied terms and conditions and category of use of the said Real Property as are more particularly [...]


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