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...
by Donovan & Ho | Feb 23, 2017 | Donovan and Ho updates, Insolvency and Bankruptcy, Real Estate, Tax
Our partners were featured in the February – March 2017 edition of Asian Property Review: Donovan Cheah provided his views on the proposed amendments to the Bankruptcy Act 1967, by answering some questions posed by readers: The proposed amendments to the...
by Donovan & Ho | Jan 16, 2017 | Consumer Protection, Dispute Resolution, Real Estate
Strata living is, for the most part, a microcosm of what it means to be part of society: mutual cooperation. Due to the nature of strata ownership, parcel owners do not own anything else besides their allotted unit and must depend on mutual cooperation to maintain the...
