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There is no such thing called Phase 7 in Ledang Heights. Looks like you meant East Ledang. Just wanting to clarify. Not upset at anyone. I respect your opinion, so please respect mine.
I am a genuine long term investor in Iskandar Puteri and have purchased a property in East Ledang, Imperia and...
Any Teega buyers here who took DIBS?
I took DIBS with Public Bank. There was no notice as to when my payment would start. However, I got a notice this month that my interest payment was overdue.
Have they started billing interest to DIBS purchasers?
Yes, they did send out letter and on acceptance made payments already a few months back. Most owners that I know of received.
I suggest check with the UEM Credit Control at Nusajaya Center, just outside East Ledang.
Spot on.
Thats exactly what my tax consultant did. The first property was rented last year, hence the total rent in 2016 was full year and was higher than interest and other expenses for the year. Hence it attracted income tax. However, the second property was ready for rent in May end but was...
I have heard from some of the established agents that Malaysia govt is now going after those who are not reporting income tax on property. They will find out if the tenancy agreement is stamped. Moreover, if one has a loan, after all of the eligible deductions, there is not much income tax left...
here are the expenses:
Cukai Harta (assessment - some people refer to is as property tax) - 0.13% of the assessed property value every year to be paid in 2 installments. So is the assesed value is RM 1M, you have have to pay RM 650 in half yearly installments for a total of RM 1300 every...
Western zones of Iskandar Malaysia to see price surge in next 10 years
By Property Report on May 10, 2016
Go west, per insiders
PropertyGuru.com.my reports that Iskandar Malaysia is expected to become the newest investment haven in the country, especially its real estate sector...
Yes, absolutely. 26% flat rate if you are a non resident. Can deduct a few things such as interest, maintenance, repairs, etc. The normal deadline is May 1 for 2015 income, has been extended until May 15. Late filing carries a penalty.
They will issue a cheque separately. A few days after Possession letter issued, they will prepare an agreement stating the compensation amount. Once you sign the agreement, the cheque will be ready for pickup in 2-3 weeks.