News by M

With the Power Station opening to the public this September, the completion of Prospect Place marks a major milestone that reflects the significant progress made on the site. 

However, there may be times when the developer is unable to deliver the project within the stipulated date in the SPA. As a homebuyer, you have a right to claim compensation for the late delivery through the Liquidated Ascertained Damages (LAD) clause in your SPA.

One of these properties is his former beachfront estate in the Turks and Caicos on Parrot Cay island, which he sold in 2019 for US$27 million (RM117 million). The second owner has put the property back on the market, this time with a listing price of US$37.5 million, according to TopTenRealEstateDeals.com. 

So, you are ready to buy a property. Congratulations! It marks a major milestone in your life. Whether it’s for own-use or investment, purchasing a big-ticket item involves careful planning based on your financial capability. Most of us will need a housing loan, but with so many options out there, pinning one down can be complicated. 

This comes as revenue increased 10% to RM138.78 million from RM126.21 million on higher revenue rent and income from advertising, after more economic sectors and businesses were allowed to re-open under Phase 4 of the National Recovery Plan. 

In a bourse filing on Thursday (April  28), ACE Market-listed Vortex said it has entered into a conditional sale and purchase agreement with developer Aset Kayamas for the proposed acquisition.

In a trading stocks note today, the research house said the “higher high” bullish pattern that emerged yesterday may cause the stock to jump further towards hitting RM1.50, followed by the RM1.56 resistance.

The campaign, which runs until July 31, will offer sale promotion deals, including free memorandum of transfer, an interest-free period until December this year and 100% financing from Maybank Islamic’s HouzKey programme. Selected units will also be fitted with free kitchen cabinets.

Incorporating his prior experiences while contracted under Singapore’s Mediacorp, Freeman Woo excelled as a real estate negotiator and is today the co-founder of Kith and Kin Realty Sdn Bhd. 

In a statement on Thursday (April 28), MRT Corp said the RFP is open to companies with experience in managing at least one railway project in Malaysia or overseas of a minimum aggregate value of RM1 billion. The project should also have at least two of three elements, which are elevated stations and viaducts, underground stations and bored tunnels, or railway systems.