Tag: Investment
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Tropicana buys RM224 mil Kota Damansara land from PKNS for RM2.8 bil project
KUALA LUMPUR (Feb 29): Property developer Tropicana Corp Bhd is acquiring a piece of leasehold land in Kota Damansara for RM224 million to be developed into a residential area comprising four to five tower blocks of serviced apartments, with an estimated gross development value of about RM2.8 billion. The land, measuring 7.79 acres, is situated…
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Joseph’s Journey to Homeownership: A Guide for Young Freelancers in Malaysia
Joseph, a vibrant 20-year-old with a hunger for success, had achieved what many his age wouldn’t dare dream of – becoming a real estate agent and securing a comfortable income. Despite being just over a year into the profession, his talent and dedication brought him an average monthly income of RM8,000 to RM10,000. Unlike most…
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Tips for a Hassle-free Landlord/Tenant Relationship
Renting out your property can be a challenging task, with issues such as late rental payments, damages to furniture and appliances, and even hostile tenants. However, there are ways to make this relationship less of a headache. Here are 11 tips: Collect the entire rental in advance instead of monthly collections Instead of collecting rent…
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3-Steps On How To Be A Rental Investor?
One of the most common forms of property investments is property leasing, a source of income that dates back many centuries. Due to its long-term yet stable mode of income, the rent that a property owner receives every month could mitigate or even offset the monthly instalment on the mortgage for the property partly or…
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Property legal fees set to rise this Saturday
KUALA LUMPUR (July 13): Property legal fees will rise from July 15 onwards with the gazetting of Solicitors’ Remuneration Order 2023 (SRO 2023) which will come into operations on the same day. According to the SRO 2023, the changes will “affect transactions involving non-contentious matters such as the sale and purchase of movable and immovable…