By Datuk Chang Kim Loong In the first of a two-part article, we look at why a conveyancing lawyer is needed when purchasing real estate. ON May 31, 2014, StarBiz published my article entitled “Leave conveyancing to lawyer”. Recently, there have been calls to do away with lawyers in conveyancing transactions, with some uninformed…
Read MoreKUALA LUMPUR (Jan 2): The year 2024 should be a “take-off” year for Malaysia’s medium- to long-term economic transition outlined in last year’s blueprints, masterplans, road maps and legislations, with the economy growth expected to be firmer at 4.4% this year, Maybank Investment Bank (Maybank IB) said. It said these include the Madani Economy, National Energy Transition Roadmap (NETR),…
Read MoreKUALA LUMPUR (Jan 1): Minister in the Prime Minister’s Department (Federal Territories) Dr Zaliha Mustafa wants to address legacy issues, and improve the quality of life for city folks. Issues such as cleanliness and safety around Masjid Jamek and the River of Life area, homelessness and the influx of undocumented foreign nationals in Jalan Silang and several main roads…
Read MoreKuala Lumpur’s extensive rail network, comprising over 15 interconnected lines, ensures easy access to popular destinations within the Klang Valley. Living near to a light rail transit (LRT) station or mass rapid transit (MRT) station that is just minutes away from your home comes with many perks. Kuala Lumpur’s extensive rail network, comprising over 15…
Read MoreKUALA LUMPUR (Dec 29): Cengild Medical Bhd’s wholly-owned subsidiary, Cengild Sdn Bhd, has entered into a conditional sale and purchase agreement with Sunny Uptown Sdn Bhd for the acquisition of a stratified property in Kuala Lumpur for a cash consideration of approximately RM122.34 million. In a Bursa Malaysia filing today, Cengild Medical said the property…
Read MoreKUALA LUMPUR (Dec 29): Wasco Bhd’s wholly-owned unit Maple Sunpark Sdn Bhd has signed sale and purchase agreements with Wasco Thermal Sdn Bhd, an indirect 60%-owned subsidiary of Wasco, to sell properties worth RM64.89 million. The sale of properties would include two pieces of industrial land in Klang, Selangor, measuring about 18,211 sq m and…
Read MoreKUALA LUMPUR (Dec 29): Landmarks Bhd has terminated its plan to sell its entire stake in two companies that own hospitality assets in Indonesia to Southern Archipelago Ltd or SAL (formerly known as Blumont Group Ltd), citing the prolonged completion timelines and volatile market conditions. The stakes, held through its indirect wholly-owned subsidiary Tiara Gateway…
Read MoreKUALA LUMPUR (Dec 29): IGB REIT Management Sdn Bhd chairman Tan Sri Dr Lin See Yan (pictured) is stepping down by Dec 31, and will be succeeded by former managing director Datuk Seri Robert Tan Chung Meng, effective from Jan 1, 2024. IGB REIT Management is the manager of IGB Real Estate Investment Trust (REIT)…
Read MoreUrban areas see a surge in property searches, with prospective buyers seeking homes in close proximity to workplaces by NORAIN MT PETALING Jaya (PJ) emerged as the hottest area in demand among property seekers for 2023, marking its second time securing the top spot in the annual list, having been the winner previously in 2021….
Read MoreKUALA LUMPUR (Dec 29): Malaysia Airports Holdings Bhd (MAHB) is said to be mulling on hiring a IJM Corp Bhd-led consortium to carry on with the aerotrain replacement project that was halted in August, according to sources familiar with the matter. Sources told The Edge that MAHB is currently ironing out the details before issuing…
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