KariPuff Properties

02/08/2020

What is Economic Recovery Plan (PENJANA) for the property market?
Read about it here.

The exemption on real property gains tax (RPGT), which is levied on profit from the sale of the property, as well as the current tax reduction could also stimulate the housing market.

05/11/2019

6ixth tallest office building in the world, the Exhange 106 is ready for tenantship. With a top five Fortune 500 global consulting firm and some of the world's most recognised e-commerce platforms moving in.

Finance Minister Lim Guan Eng said the TRX was now free of 1MDB’s taint, following a review finding the government can recover its investments and opportunity costs.

17/09/2019

Getting your new home v.p soon?
Here are some tips and guide on rectification claims before you settle down completely.

Getting the keys to your new home is one of the most exciting moments in life but there are some things that have to be settled before you celebrate. ...

05/03/2019

An initiative that would help many in view of the income gap of mismatch in wages and property prices.

BANGI (March 5): There should be an in-depth study on the salaries and wages of employees by taking into account the cost of living, said Employees Pr...

27/02/2019

Two new major highways (SUKE & DASH) to ease traffic congestion in KL and other parts of Klang Valley.
Completion by Q4 2019.

https://www.propertyguru.com.my/property-news/2019/2/178417/suke-dash-highways-to-open-by-2020

27/02/2019

Regulation process set to be enforced for lower high rise developments in Kuala Lumpur.

Under KLCP 2020, the plot ratio for city development is set at 1:10. Khalid noted that this requirement is applicable to all types of development, including residential and commercial.

27/11/2018

Genting Fox World theme park Malaysia which marks as a key attraction to visitors will not see light of day after annoucement of termination contract by Twenty First Century Fox Inc.

Genting Malaysia shares also slid 13.61% (rm0.49 sen down) in the morning trade.

(Nov 27): Genting Malaysia Berhad sued 21st Century Fox and its soon-to-be new owner, the Walt Disney Co., for pulling out of an agreement for a Fox World theme park at its casino resort outside Kuala Lumpur. Genting is seeking more than $1 billion in damages, according to a complaint filed Monday i...

19/11/2018

A plan for property crowdfunding scheme by Q1 2019, by the federal government to ease property overhang.

Although the oversupply of residential properties in Malaysia is “worrying”, it is expected to lessen over the next two years due market forces and measures by the federal government, according to Rahim and Co Executive Chairman. Read more..

19/11/2018

KL projects that are yet to start construction works which are deemed in violation and non compliance of development may be ceased and land banks to be returned to Federal Territories Ministry.

The Federal Territories Ministry decided to publish the Kuala Lumpur City Plan (KLCP) 2020 on 30 October despite infractions against it in lots of areas. Read more..

28/09/2018

Tussle between lot owners and developer of abandoned Plaza Rakyat project.

According to the lot owners’ pro tempore committee secretariat 69-year-old Ng Pang Wah, they didn’t know that KL city hall is no longer involved in the issue with Plaza Rakyat.