“We are of the considered view that a reasonable minister would have concluded that there are special circumstances that the EOT was necessary to the interest of the purchasers to ensure that the project is not abandoned.” KUALA LUMPUR (June 24): The Court of Appeal has ruled that the Housing and Local Government Minister acted lawfully and in the interest of homebuyers by extending the...
by ivanlck821109@gmail.com "The first EMU (electric multiple unit) needs to undergo 8,000km of testing, while the subsequent batch requires 5,000km of testing.” KUALA LUMPUR (June 24): The East Coast Rail Link (ECRL)’s first batch of train sets will be delivered to Malaysia’s Kuantan Port from its manufacturers in Dalian, China from October, beginning with two sets each for carrying passengers and cargoes. The four...
by ivanlck821109@gmail.com MRL CEO Datuk Seri Darwis Abdul Razak speaking with the Malaysian media delegation in Beijing “Hopefully, it would be part of the Pan Asian (from Kunming, China, to Singapore)." KUALA LUMPUR (June 24): Malaysia Rail Link Sdn Bhd (MRL) has not discounted the proposal to extend the East Coast Rail Link (ECRL) from its current final station up north in Kota Bharu, Kelantan into...
by ivanlck821109@gmail.com *Israel-Iran War or WW3: 5 Ways It Could DESTROY Your Malaysia Home Loan (2024 Guide)* Inflation, interest rates, job risks – What every buyer MUST know now. 1. *Directly address buyer fears: *"Will I ever afford a home if war starts?" 2. *Domino Effects*: - Oil prices surge → *Inflation spikes* → BNM hikes *OPR* → *Mortgage rates soar* - Supply chain chaos → Construction delays + 20%...
by ivanlck821109@gmail.com *Will Malaysia Property Become a "Safe Haven" if Israel-Iran War or WW3 Erupts? Geopolitical chaos is coming – Where should investors park their capital? Here’s why Malaysian real estate could shine. 1. Global tensions (Israel-Iran, WW3 risks) "Is real estate still safe?" 2. *Why Malaysia Stands Out*: - Political neutrality & distance from conflict zones - Stable economy & resilient...
by ivanlck821109@gmail.com How RPGT is Calculated The RPGT is calculated based on the gain derived from the sale of the property. The gain is determined by subtracting the purchase price and allowable expenses from the selling price. The applicable RPGT rate depends on the holding period of the property: For individuals (citizens and permanent residents): Within 3 years: 30% In the 4th year: 20% In the 5th year:...
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