by Donovan & Ho | Jun 12, 2018 | Dispute Resolution, Real Estate
So you just bought your first home. You are excited and you cannot wait for handover of vacant possession to obtain the keys and start planning for renovation. Your Sales and Purchase Agreement (“SPA”) stipulates clearly the exact date that the developer will be...
by Donovan & Ho | May 31, 2018 | Dispute Resolution, Real Estate
For those staying in a strata development, we have a love-hate relationship with our Management Corporation. On one hand they manage the administration and facilities (that we have no time to use!) of the development, on the other hand, they chase us for maintenance...
by Donovan & Ho | May 4, 2018 | Real Estate
There are many reasons why a tenant or landlord might want to terminate a tenancy agreement early. This may include unforeseen circumstances requiring relocation, poor business conditions leading to business closure by the tenant, or the landlord wanting to regain...
by Donovan & Ho | Feb 12, 2018 | Real Estate, Tax
With effect from 1 January 2018, section 21B of the Real Property Gains Tax Act 1976 has been amended in respect of ‘foreign sellers’. A ‘foreign seller’ is an individual who neither (i) a Malaysian citizen nor (ii) a permanent resident of Malaysia. When purchasing...
by Donovan & Ho | Dec 6, 2017 | Real Estate, Tax
As an initiative to increase home-ownership for the nation, the Prime Minister, in the Budget 2018, has allocated RM2.2 billion to the housing development in Malaysia. What comes as a surprise to many is the 50% tax exemption on rental income received by Malaysian...
by Donovan & Ho | Mar 29, 2017 | Real Estate, Tax
The Stamp (Amendment) Bill 2016 was tabled for first reading in parliament on Nov 23 last year. Among other things, it proposes that ad valorem duty must be paid before the sales and purchase agreement (SPA) is signed. Under the current Act, the duty is paid in the...
