Wednesday, February 17, 2016 9:30am – 12:00pm MWKA Real Estate Series: Property Investment in London (Download Flyer) Speakers: Lim Jo Yan and Jordan Williams from Artorius Wealth Location: The Co. @ The Row, Level 2, 42 – 48, Jalan Doraisamy, 50300 Kuala Lumpur. Google Map Link
by Lim Jo Yan and Mak Ka Wai RPGT is a tax chargeable on the profit gained from the disposal of a property and is payable to the Inland Revenue Board. As such, RPGT is only applicable to a seller. For example, A bought a piece of property in 2000 at a value of RM500,000….
This article examines the effect of the Goods and Services Tax (“GST”) on Management Corporations and Joint Management Bodies of stratified development areas, and takes a look at pre and post-GST charges imposed on parcel owners. What is GST? GST came into effect on 1 April 2015 and succeeded the Sales and Services Tax in…
Wednesday, December 10, 2014 12:30pm – 2:30pm Disputes over Common Property (pdf) Speaker: Raymond Mah (View Profile) Managing Partner, Dispute Resolution Practice Group Location: MahWengKwai & Associates, Level 10, Tower B, Prima Avenue, Dataran Prima.
by Lim Jo Yan and Mak Ka Wai Generally, an acquisition of property attracts stamp duty exposure and a disposal of property may attract real property gains tax (“RPGT”). Stamp duty is calculated on the market value of the property at the time of the acquisition whereas RPGT is calculated on the profit gained from…
Photo by Helloquence on Unsplash Introduction This is a dispute between the plaintiff (“Plaintiff”) and three defendants namely the first defendant (“1st Defendant”), second defendant (“2nd Defendant”) and third defendant (“3rd Defendant”). MWKA represented the Plaintiff. The Plaintiff is the owner of Lot 4978 and Lot 4979, Daerah Ulu Langat, Mukim Kajang, Negeri Selangor measuring approximately 10 acres. The…
MahWengKwai & Associates had its Landlords v Tenants Lunch Talk on 21 October 2013. Raymond Mah, the Managing Partner and Head of the Dispute Resolution Practice Group delivered the talk on the very interesting topic that drew great response from existing clients, those from the Property Development Industry and the public. We had more than…
Compulsory acquisition of land is the process by which the government acquires land from private landowners for a public purpose or for a purpose beneficial to Malaysia’s economic development. It is a drastic form of state intervention that results in the dispossession and eviction of landowners and other occupants from their properties. The compulsory acquisition…
By Christopher Chan, an associate director and a registered estate agent with Hartamas Real Estate Group In recent weeks, we have read newspaper reports that the Kuala Lumpur City Hall (DBKL) has issued the “Notice of Revision of the Valuation List” to residents for an increase in assessment rates for properties in Kuala Lumpur. The…
