february 2010pp9309/12/2010 (026294) towards sustainable development New FIC Guidelines on Property Acquisition the Economic Planning Unit (EPU) of the Prime Minister’s Department has raised the minimum value of foreign acquisition of residential property from RM250,000 to RM500,00, effective 1 January 2010. Following the announcement made by the Government on 30 June 2009 to liberalise property acquisition by foreigners, the Unit has revised the Foreign Investment Committee guidelines accordingly. This revision is seen to encourage foreigners to purchase high-end housing properties. The new guidelines for residential property will no longer require approval from the Unit but will be under the purview of the respective State Authorities. The new Guidelines state that: n All property acquisition except residential units that requires approval from EPU are: • Direct acquisition of property valued RM20 million and above which will dilute the ownership of property held by Bumiputera interest and/or government agency; • Indirect acquisition of property by other than Bumiputera interest through acquisition of shares, resulting in a change of control of the company owned by Bumiputera interest and/or government agency, having property more than 50 percent of the total assets and the said property is valued more than RM20 million. more on page 4 , REHDA Open House 2010 rehda Open House, an annual gathering hosted by REHDA Malaysia with REHDA Selangor and REHDA Wilayah Persekutuan for members and industry partners, was held on 22 January 2010 at One World Hotel, Petaling Jaya. The dinner was graced by Guest of Honour, Yang Berhormat Dato’ Seri Kong Cho Ha, Minister of Housing and Local Government. Also present were YB Tuan Chua Tian Chang, Parliament Dato’ Seri Kong Cho Ha (centre) with Tan Sri Datuk Chan Sau Lai (left) and Datuk Ng Seing Liong, JP (right). Minister of Batu, YB Ronnie Lim, Selangor State Exco Member and Tan Sri Dato’ Seri Dr Haji Abu Hassan Haji Omar, ex-Menteri Besar of Selangor. REHDA Patrons Y Bhg Dato’ Teo Chiang Kok and Mr Lawrence Chan Kek Tong, MBAM President Mr Ng Lee Keen and REDAS CEO Dr Steven Choo were among the 300 guests comprising of REHDA members, government officials and members of the media. Held at One World Hotel, Petaling Jaya, guests mingled and exchanged views and opinions on current industry issues and forged closer ties to further the property industry. more on page 3 , Off Jalan Kilang 46050 Petaling Jaya. 50I-3. omission. Jalan ss22/23.2 | announcement contents cover story > New FIC Guidelines on Property Acquisition > REHDA Open House 2010 1&4 1&3 2 4 5 New Currency Declaration Requirement bank Negara Malaysia via its circular dated 23 December 2009 has announced that effective 1 January 2010. For further information on the new currency declaration requirement. 50G-3. Lorong Kilang A. . Jalan SS5D/6. kindly contact BNM customer service at 1-300-88-5465 or log on to www.my. Selangor producer Trix Sdn Bhd (267962-p) 77c. The form is available at counters before the Customs checkpoints at all major entry and exit points of Malaysia. Kelana Jaya. error or inaccuracy of this publication.gov. Selangor Darul Ehsan Tel: 03-7729 5066 Fax: 03-7729 5077 printer Pencetak Weng Fatt Sdn Bhd (19847-w) Lot 6. Pn Aslinda Mohd Noor. individuals entering or leaving Malaysia with cash and/or bearer negotiable instruments exceeding an amount equivalent to USD10. 50H-3. Selangor Darul Ehsan Tel: 03-7783 9231 Fax: 03-7783 9250 Whilst every effort is made to ensure the accuracy of the contents published. Ms Debbie Loh rehda bulletin is published by Real Estate & Housing Developers’ Association Malaysia No. Selangor Tel: 03-7803 2978 Fax: 03-7803 5285 03-7805 1206 E-mail:
[email protected]. 2c. Kelana Mall Jalan SS6/14.com Website: www. Pn Rusnani Abdul Rahman. REHDA Malaysia shall not be held liable for any reproduction. Damansara Jaya 47400 Petaling Jaya. 47301 Petaling Jaya.bnm. Pn Noorliza Abd Latiff.com registered address No.000 are required to declare such amount to the Royal Malaysian Customs using Customs Form K22. Kelana Jaya 47301 Petaling Jaya. n announcement > New Currency Declaration Requirement > 3-Tiered Approach for FIC Guidelines > Upcoming Malaysia Property Expo 2010 special report > Malaysia Pushes Green Sector with Soft Loans 5 > REHDA Submits Feedback on the New Proposed Strata Title Issuance 6–7 > Amendment to the Scope of Certified Agency by SPAN 7 > Planning Design Policy on Compact Substation of 500kVA 8 rehda institute > Tea Talk on Real Property Gains Tax 2010 Amendments > Conference on Green Solutions 2010 > 2-Day REHDA Property Leader Forum 9 9 9 10 11 rehda diary > February 2010 order form > REHDA Directory 2010 editorial committee chairman Dato’ Michael KC Yam members Datuk Eddy Chen. Sivanyanam. REHDA National Council member. Dato’ Ricque Liew Yin Chew. Dato’ Seri also highlighted that the Ministry will host a series of seminars starting from February 2010 to educate the JMB on the issue. En Wan Hashimi Albakri and REHDA Vice President/Kedah/Perlis Branch Chairman. especially on the issue of outstanding maintenance fees. Mr S. From left: Mr Anthony Cho Tian Han. Key issues that were highlighted during the press conference were the roles of the Joint Management Body (JMB) in ensuring compliance with regulations stated under the Building and Common Property (Management and Maintenance) Act.continued from page 1 REHDA Open House 2010 During the open house. Guests at the open house. Datuk Gwee Yew Kiat. Mr Soh Hong. Dato’ Teo Chiang Kok. Tn Hj Muztaza Mohamad.cover story | 3 . . Soam Heng Choon. n Dato’ Seri Kong Cho Ha presenting a hamper to a lucky draw winner. From left: Dato’ Ir. the Minister of Housing and Local Governmant also held a press conference to update the media on the ongoing initiatives by the Ministry towards ensuring orderly growth of the housing and property industry. Dr Steven Choo and Mr Lawrence Chan during the dinner. continued from page 1 New FIC Guidelines on Property Acquisition n All property acquisitions by foreign interest that do not require the approval of the EPU but falls under the purview of the relevant Ministries and/or Government Department are: • Acquisition of commercial unit valued at RM500. Conditions for Acquisition Equity Condition Companies to have at least 30 percent Bumiputera interest shareholding.000 per unit. Restrictions Foreigners are not allowed to acquire: • Properties valued less than RM500. • Residential units under the category of low and low-medium cost as determined by the State Authority. Melaka. Paid-Up Capital Conditions • Local company owned by local interest to have at least RM100. Full details can be downloaded from the Economic Planning Unit’s website at www. Terengganu Threshold RM500. To undertake agricultural activities on a commercial scale using modern or high technology. The Association believes that this would be a more practical and efficient way of promoting foreign investment in Malaysian property without compromising the interest of local buyers.000 RM250. • Properties built on Malay reserved land.000 paid-up capital.epu. Johor. n 3-Tiered Approach for FIC Guidelines rehda believes that the new FIC guidelines would hinder foreign investment at such a time when the market needs a boost from the recent economic slowdown and lacklustre market.000 and above. Category Highly urbanised areas Urbanised areas Less urbanised areas States WP Kuala Lumpur Selangor. n Acquisition of residential units by foreign interest valued at RM500. and • Properties allocated to Bumiputera interest in any property development project as determined by the State Authority.gov. Penang Perlis. ii. and • Local company owned by foreign interest to have at least RM250.000 and above or at least five (5) acres for the purpose of: i.000 and above do not require the approval of EPU. To undertake agricultural or agro-based industrial activities for the production of goods for export. To undertake agro-tourism projects.000 and above. Perak.my.000 RM150.000 paid-up capital. * The above acquisitions are subject to the condition that the property must be registered under a locally incorporated company. • Acquisition of agricultural land valued at RM500. Pahang. • Acquisition of industrial land valued at RM500. and • Transfer of property to a foreigner based on family ties is only allowed among family members. Kelantan. iii.000 . After receiving feedback from members. Kedah. Negeri Sembilan.4 | cover story / announcement . REHDA has appealed for the FIC guidelines to be reviewed and has proposed that a 3-tier pricing threshold approach be adopted according to state and degree of urbanisation of the related property. 5 billion. EXIM Bank and Bank Simpanan Nasional). conserves the use of energy and natural resources. To intensify green technology research and innovation 5. Johor Bahru Mydin MITC Ayer Keroh Mid Valley Exhibition Centre (MVEC) Mahkota Parade Mid Valley Exhibition Centre (MVEC) To be advised Dataran Pahlawan Melaka Megamall Dates 12 – 15 March 19 – 21 March 2 – 4 April 8 – 11 April 15 – 18 April 16 – 18 July 30 July – 1 August 22 – 24 October 11 – 14 November 12 – 14 November Contact 09-744 6648 09-7803 2978 09-513 3355 07-228 1993 06-337 4288 09-7803 2978 06-337 4288 03-7803 2978 07-228 1993 06-337 4288 . For this purpose. promotes the use of renewable resources and results in an improved environment for all forms of life. water and waste management. To promote public awareness about the need for new approaches to green technology. the usage of green technology would address the illeffects of climate change to preserve as much as the environment in order to “bequeath a pristine environment for future generations”. The remaining 40 per cent will be covered by all commercial and Islamic banks in Malaysia. To provide an environment conducive for the development of green technology 3. The Prime Minister unveiled 5 core approaches to the National Green Technology Policy which are: 1. construction. but a reality. Malaysia’s green technology sector is still in its infancy stage where usage and benefits remain untapped. The financing initiative was launched by Malaysian Prime Minister YAB Dato’ Sri Mohd Najib Razak and Minister of Energy. Green Technology and Water YB Dato’ Sri Peter Chin Fah Kui on 26 January 2010 in Putrajaya. the opportunity for growth in this sector is tremendous. low-skill industries of the past. At the launch. The soft loans will be provided to companies that supply and utilize green technology. Hence. n Upcoming Malaysia Property Expo 2010 State Kelantan Klang Valley Pahang Johor Melaka Klang Valley Melaka Klang Valley Johor Melaka Venue KB Mall Mid Valley Exhibition Centre (MVEC) East Coast Mall.special report / announcement | 5 Malaysia Pushes Green Sector with Soft Loans as a follow through of the 2010 Budget announcement last year to promote and support the development of green technology as an economic driver. reduces greenhouse gas emission. the Ministry of Energy. Agrobank. equipment or system which satisfies the lending criteria will be eligible for the loan. The Government’s role is to cover 2 per cent of the loan’s interest rate and provide a guarantee of 60 per cent on financing. Kuantan Expo @ Danga City Mall. To strengthen institutional frameworks 2. He also reminded the industry that going green is no longer an option. buildings and transportation sectors. More importantly. especially in manufacturing. Bank Rakyat. green jobs and green innovation is envisaged to be significant drivers of change towards a stronger economy with better opportunity for the nation. Green Technology and Water (KeTTHA) has launched the Green Technology Financing Scheme. To enhance human capital development in green technology 4. SME Bank. waste and water management. the Prime Minister reiterated his commitment to develop green technology as a significant force of economic growth for the country. as well as the Development Financial Institutions (Bank Pembangunan. any product. Among the criteria are those that minimizes environmental degradation. With the Government’s intention to move away from the low-cost. giving preference to those in the energy. a pool of soft loans totalling RM1. The world’s increasing involvement in environmental preservation creates an opportunity for the Malaysian economy that aspires to become a high income country based on a knowledge economy. Pengenaan formula kiraan unit syer iv. Mohon strata* 6. Super Structure Bangunan telah Siap Pemaju kemukakan Pelan Cadangan Strata (format yang sama dengan PA Strata) ke JUPEM JUPEM akui teratur * Sek 10 AHS 1985: Mohon strata dengan pelan yang diperakui teratur 3 hari 5. *Vacant Possession 8. Pengeluaran Lesen dan Permit Pemajuan Perumahan 3. Hakmilik Strata Didaftarkan 23 hari 9. Kelulusan Perintah Pembangunan (DO)/Kebenaran Merancang (KM)* dan Kelulusan Pelan Bangunan ~ S. Jual/Bina 4. Permohonan strata diluluskan 8 hari 7. Lantikan JUBL ii. Penyediaan & Kelulusan PA Strata oleh JUPEM 21 hari * Syarat untuk VP: hakmilik strata didaftarkan oleh PTG 8. Deposit upah ukur ke LJT iii.6 | special report REHDA Submits Feedback on the N Proposed Strata Title Issuance Together with Vacant Possession 1. Pindahmilik Hakmilik Note: (a) PA Strata disediakan dan diluluskan secara digital (b) Hakmilik Strata (Borang 4) disediakan dan didaftarkan secara digital (c) Dicadangkan PA Strata dicetak di atas Hakmilik Strata (Borang 4) 10. Pengeluaran Wang HDA Baki wang HDA hanya boleh dikeluarkan selepas pindahmilik strata didaftarkan . Penyediaan Register of Purchaser oleh Jawatankuasa OSC * Mekanisme pemantauan pematuhan seksyen 6 AHS 1985 didalam OSC Bayaran ansuran 10% oleh pembeli kepada pemaju dimasukkan ke dalam Akaun Pemajuan Perumahan (HDA) dan diperincikan kepada: (a) Bayaran kerja-kerja tanah & ukur seperti: (i) bayaran permohonan hakmilik strata (ii) bayaran semakan pelan strata oleh JUPEM (iii) bayaran penyediaan pelan hakmilik strata oleh JUPEM (iv) bayaran penyediaan dan pendaftaran pelan hakmilik strata (v) bayaran pindahmilik hakmilik strata (b) Bayaran baki kepada pemaju selepas menandatangani S&P 2.6 AHS berkaitan tanah dan bangunan mesti diselesaikan terlebih dahulu sebelum kelulusan DO/KM ~ Syarat kelulusan Pelan Bangunan: i. Developers are then forced to decide on the status of unsold car parks. Effective 1 January 2010. Section 10A (2a) of the Strata Titles Act requires developers to confirm building plans relating to provisional blocks. The Certifying Agency (CA) is no longer certifying the internal water reticulation system and such certification shall be administered by the plumbers and Principal Submitting Persons (PSP) or Submitting Persons (SP) accredited by SPAN. REHDA is of the opinion that the proposal requires further consideration from the authorities based on the following justifications: developers especially in a dampened market condition where they need longer time to market their units fully.” n . especially for mega. REHDA is of the view that vacant possession should not be tied to strata titles issuance in any way. as part of its latest initiatives to expedite the Strata Titles issuance. As the gestation period for housing development in the country from inception to vacant possession spans between 4 to 5 years. As such. the monies to be used for these purposes are already secured in the housing development account. SPAN has also requested CAs to ensure the following: (i) All plans and drawings for internal water reticulation system to be of A1 Size and captured in Compact Disk (CD) in AutoCad format.special report | 7 New Proposed Strata Title Issuance The Jabatan Ketua Pengarah Tanah dan Galian (JKPTG). This would be prohibitive for Extensive Amendments to Many Legislation Needed before the Proposal is Workable The proposal will require extensive amendments to existing laws. Upfront Payment for Surveyors If payments towards strata titles application. Payment of Stamp Duty for Property Transfer The proposed workflow suggests that payment of stamp duty on transfer is to be made by developers instead of buyers. n Issue of Delayed Vacant Possession and Developers’ LAD Liability REHDA is very concerned on the possibility of delayed title issuance which would lead to delayed hand over of vacant possession of houses.e. even if the physical aspects of the Amendment to the Scope of Certified Agency by SPAN the National Water Services Commission (SPAN) announced that the Certifying Agency’s Scope of Services relating to the internal water reticulation system has been charged. and (ii) The acknowledge of receipt by CAs will have the following disclaimer statement (translation): “SPAN’s Certifying Agency receives the internal water reticulation design plan for record keeping purposes only. has proposed that titles be issued upon or before the handing over of vacant possession for all strata housing. there is no reason for survey fees to be paid in full upfront any more but payments should instead be released progressively according to percentage of work done. if any. as stamp duty payable for transfer does not and should never be made part of purchase price of houses. REHDA applauds the intent of the initiative and views it as revolutionary as such measure will help eliminate many longstanding problems faced by the industry with regards to title issuance and management of stratified buildings. and not developers. Phased Development on Single Title/ Mixed Development The proposed mechanism poses huge challenges to mixed/phased developments. In addition. Such a situation would place developers in jeopardy as they may end up having to pay up huge amount of damages to buyers for late delivery. strata plan checks by JUPEM. for instance during construction while sales are still in progress. guidelines and policies related to housing development. there are some reservations on the ability of land offices to cope with this requirement. who should deposit money separately for this purpose. legal ramifications to the industry would have to be further studied. They are only required to receive a copy of the Design Plan submitted by PSP or SP to be kept for record. However. Accessory Parcels Accessory parcels cannot be dealt with independently under Section 69 of the Strata Titles Act. preparation of strata plans by JUPEM and strata registration fees are to be legislated as part of progress payments as per Third Schedule of Schedule H of the Sales and Purchase Agreements. This should not be the case. which cannot be used indiscriminately by developers. As such. should not be made a pre-condition to vacant possession as any delays in title issuance. all CAs are also not required to review and approve the Design Plan of internal water reticulation system as the responsibility will be entirely undertaken by PSP or SP. Settlement of Land and Building Matters Pre-Requisites to Development Order and Building Plan Approvals Although the Government has started to apply the e-Tanah system in land administration. i. mixed and phased developments as developers will be forced to decide in finality on the contents of their development without room for flexibility or changes. The requirement by the proposal for application of Strata Titles to be submitted earlier creates a lot of inflexibility for developers. They bear no responsibility for the submitted plan and is exempt from any legal action in any court of law arising from any shortcomings in the submitted plan. after due application by developers is beyond developers’ control and as such should not be penalized for such delays. this requirement may further delay approval processes and affect the efficiency of the housing delivery system. regulations. construction are fully completed. it is buyers. • Special features cost is charged as per Clause 8 of Statement of Connection Charges 1994/1995. • Each transformer room is sized at 3m.131 +52. requirement of a switching station substation depends on the existing network configuration and constraints. n . at depth ~ Compact Sub Plinth Design • Plinth of Compact Substation of size 4. (3m x 2m) has to be able to withstand total weight of 7.7m. • Compact substation (500kVA) installation does not require pre-approval from Chief Engineer’s office before proceeding with planning of network design.000kg. usage of compact substation can be considered if new substation locations are agreed upon by TNB and developers. • Special features cost is charged as per Clause 8 of Statement of Statement of Connection Charges 1994/1995. • For housing development that is <5MVA. • If the SSU consist of 2 transformers. Tenaga Nasional Berhad (TNB) has taken the initiative to look into the possibility of reviewing the current policy by taking into consideration the network security and restoration time to customers. In order to apply for the compact substation. a switching station substation (SSU) must be provided by the developer within 1km from the housing development.876 Building Price (RM) 90.131 Total Net Savings to Developers (RM) – – 149.2m is required to be provided by the developer/owner.1m in size and if the SSU consist of 1 transformer. Estimated Cost Comparison between Conventional Single Chamber 500kVA and Compact 500kVA Substation Conventional Single Chamber 500kVA Compact 500kVA Cost Difference Substation Land Size 14.8 | special report Planning Design Policy on Compact Substation of 500kVA following numerous requests on compact substation installations in new supply development replacing the conventional substations due to land scarcity and to create simplicity in construction.745 Land Requirement Consultants representing developers or owners are required to submit a valid ‘Soil Investigation Report’ of the development and if the reading ~ 5m is <15. • A switching station is able to support a development of a maximum 10MVA only. • All compact substation installation requires pre-approval from Chief Engineer’s office in Headquarters before planning of network design can be proceed. Network Design Requirement • The compact substations are to be used only in housing developments.6m x 2. • Consultant representing developers and owners are required to submit the reinforced concrete (RC) design calculation for the plinth and will have to obtain the professional engineer’s endorsement on the structural design (drawings and technical calculation). This is in tandem with TNB’s mission to provide services to fulfill the national needs with renewed emphasis towards a dynamic future. • New supply application with insufficient land for substation. Bakau Pile need to be provided on the compact substation land.67m = 201. • Appropriate distribution network design to ensure security & restoration time to customers will not be affected. Current Policy (Compact Substation Installation in TNB) • Existing network faces constraints in supplying sufficient electricity to the existing customers.72m x 13. • The area surrounding the plinth need to be filled with crusher run and a thin layer of premix (upon laying of cables) in order to ensure easy maintenance of the area.22m 2 7m x 4m = 49m 2 -173. the switchgear room size is to be at 7. For approved applications with supply requirement date of less than six months. planners will have to identify locations of compact substation and switching stations in the development plan. i.5m x 5. • Cement to construct the RC plinth of the compact substation has to be ‘Cement Ready-Mix Grade 25’ to ensure the strength of the plinth. • The station must not be placed at the corners of one development and cannot be placed close to each other to ensure efficient load distribution to customers. serving domestic consumer load and to be placed close to the load centre.22m 2 Land Price (RM60/ft2) 129. • If the housing development requires more than 5MVA. • The sitting base on which the compact substation is placed.084 -111. New Policy (Compact Substation of 500kVA) • It is encouraged to be installed for new housing development and is intended for domestic customers only. • Switching station room must be 7m x 5.7m. Connection Charges Compact substation connection charges are calculated based on Schedule 1 of Statement of Connection Charges + Special Feature Charges under Clause 8 of Statement of Connection Charges.e.000 – -90.960 18. switchgear room is at size of 8m x 5. mitigation solutions. • A copy of the delivery order that shows the usage of ‘Cement Ready-Mix Grade 25’ in constructing the plinth has to be surrendered to TNB during the substation site inspection.000 Special Features Charges (RM) – 52. REHDA Institute will be organizing more programmes in 2010. Members who have responded to the REHDA Property Industry Survey 2009 in May 2009 and have received the discount vouchers are entitled to a 50% discount of the registration fees (valid for only 1 participant per member company). The Forum sets to provide developers and industry players with the platform to discuss. please visit our website at www. Conducted by Ms Ng Say Guat.com for more details. Mounting awareness and pressure from consumers and society at large has caused the building industry to be environmentally responsive and responsible.rehdainstitute. Ms Ng was joined in the question and answer session by Datuk Eddy Chen. REHDA Institute organized a tea talk on 29 January 2010 to brief and update members. be updated on market outlook and trends. please contact Cik Syahiidah at Tel: 03-7803 2978 or email to: syahiidah@rehdainstitute. From left: Dato’ Michael Yam. The first Registered Carbon Neutral Event in the history of Malaysia. taking heed of the need to incorporate green features into new developments. and explore possible business solutions in 2010. n . the talk was well attended by more than 120 participants who were briefed on the RPGT impact and how it will influence their business due to this latest tax amendment. Board of Trustees of REHDA Institute and Dato’ Michael Yam. the Executive Director of PricewaterhouseCoopers Taxation Services Sdn Bhd.rehda institute | 9 Tea Talk on Real Property Gains Tax 2010 Amendments 29 January 2010 in line with the re-introduction of the Real Property Gains Tax (RPGT) under the Budget 2010. Watch out for our brochure! For registration and/or enquiries. property developers and related industry stakeholders on the latest development of the RPGT. house buyers. Visit our website www.com.rehdainstitute. Watch out for our brochure! For registration and/or enquiries.rehdainstitute. please visit our website at www. and the building industry as a whole. The government. Ms Ng also shared many practical examples to better illustrate the RPGT computation and also highlighted some ambiguities and implementation issues and shed some light on some of the issues at the question and answer session. YB Dato’ Seri Kong Cho Ha will be officiating the forum. the Conference brings together 7 local and international speakers conveying methods to prioritise sustainability. Alternatively.com. Ms Ng Say Guat and Datuk Eddy Chen. please contact Cik Syahiidah at Tel: 03-7803 2978 or email to: syahiidah@rehdainstitute. in its 2010 Budget has provided incentives and tax exemptions to encourage proactive measures by industry players. Deputy President of REHDA Malaysia. share and exchange views and experiences on critical challenges faced by the industry.com for more details. REHDA Institute and EAROPH Malaysia Chapter are proud to present the Conference on Green (Housing) Solutions. Alternatively. Chairman. there comes a call for captains of the building industry to pioneer sustainably ethical practices and technologies.com for regular updates! n Conference on Green Solutions 2010 6 April 2010 in line with our Prime Minister’s call for 40% GHG (Green House Gas) reduction by 2020. n 2-Day REHDA Property Leader Forum 22 & 23 April 2010 rehda Institute will be organizing a 2-day REHDA Property Leader Forum on 22 and 23 April 2010. The Minister of Housing and Local Government. This conference will explore means and measures the industry can play its role in being environmentally responsible and focus on how going green can provide the necessary value add to property developers. With climate change. The Forum will address key issues and challenges facing the housing and property sector. The re-introduction of RPGT as detailed on 23 December 2009 only applies to properties sold within five years from the date of purchase. Attended by Datuk Eddy Chen Lok Loi and Ms Karen Seow. 11 JPN – Meeting on the Developers’ Criteria for Revival of the Abandoned Projects. Attended by En Wan Hashimi Albakri. Attended by Dato’ Michael Yam Kong Choy. EPU – Dialogue Session on the 10th Malaysia Plan (10MP) 2011–2015 with YB Tan Sri Nor Mohamed Yakcop. 12 18 6 Board of the National Population and Family Development Forum on Strategic Consultative Population Plan II. Attended by Dato’ Ricque Liew Yin Chew. PEMANDU Research Working Meeting at Metro Kajang Holdings. Mr Teh Boon Ghee. Attended by Ms Karen Seow. Attended by Datuk Ng Seing Liong. Attended by Dato’ Ricque Liew Yin Chew and Pn Rusnani Abd Rahman. JP. Attended by Ms Yee Chew Ping and Ms Debbie Loh. JPN – National Strata Building Management Seminar. Mr K. Sivaraja Muniandy of Fairview Development Sdn Bhd and Ms Yee Chew Ping. Lee of CRSC and Mr Soon Teck Giap. Attended by Dato’ Ricque Liew Yin Chew. JP and Pn Noorliza Abdul Latiff. Attended by Mr Tiah Oon Ling. Ms Jessie Ting. Presidents’ Dinner. Meeting with PEMANDU. Attended by Pn Aslinda Mohd Noor. Attended by Pn Aslinda Mohd Noor. Attended by Pn Aslinda Mohd Noor. 4 5 CIDB – National Industry Development Lab. 22 7 8 23 Energy Commission – Meeting on the Proposed Phase Out of Incandescent Light Bulbs in Malaysia. MPC – Facilitating Business and Enhancing Competitiveness. Mr Soon Teck Giap. JP. CIDB Board Meeting. Attended by En Zulkifli Khairuddin of Fairview Development Sdn Bhd. Meeting with Homefinders Magazine on MAPEX 2010. JP. Attended by Datuk Eddy Chen Lok Loi. JP and Ms Karen Seow. date events Meeting with NST Property Times on MAPEX 2010. Treasury Housing Loan Division – Pre-Dialogue Meeting. Attended by Datuk Ng Seing Liong. MITI – Chinese New Year Celebration with Industry Partners. Attended by Datuk Ng Seing Liong. 24 9 EPU – Meeting on the Current Status of Malaysia Property Incorporated and The Way Forward. Interview with Berita Harian on Current Property Market Scenario. Pn Noorliza Abdul Latiff and Ms Debbie Loh.10 | diary February 2010 date events Local Government Department – OSC Online Launching Ceremony. Pn Aslinda Mohd Noor and Mr Y K Wong. Ms Jessie Ting. 10 25 PEMANDU – On-Boarding Session. Mr Lai Soon Ming of Perdana ParkCity and Ms Marina Sern. MPC – Focus Group on Registering Property.J. Attended by Datuk Ng Seing Liong. Ms Karen Seow and Mr Soon Teck Giap. . Ms Marina Sern and Mr Soon Teck Giap. CREAM – Seminar Supply Chain Management in the Malaysian Construction Industry. JPBD – Revised Policy Technical Committee Meeting 1/2010. JP. Attended by Datuk Ng Seing Liong. Attended by Datuk Ng Seing Liong. JP. En Mohd Saiddin b Hj Mokhtar. Attended by Ms Yee Chew Ping. Attended by Mr Jason Lee and Mr Kong Fook Mun of Sunway City. CIDB – Meeting on Towards the Use of Green Technology in Construction Sector. REHDA Kelantan Branch Organizing Committee Meeting to discuss REHDA Golf Cup Championship Tournament and MDC Meeting. Attended by Mr Anthony Cho Tian Han. Attended by Ms Yee Chew Ping. Attended by Mr Fan Len Kuan of Perdana ParkCity Sdn Bhd and Mr Soon Teck Giap. 2 10 3 Interview with the Asia Business Channel. ACCCIM – 1 Malaysia Economic Conference. Attended by Datuk Ng Seing Liong. Ms Yee Chew Ping and Pn Marini Abd Wahab. MPC – Meeting on the Final Draft of Registering Property Guidelines. Attended by Mr Ivan Tan. TNB – Briefing on the Planning Design Policy (500kVA Compact Substation and New Design of the 11KV Substation). Focus Group on Registering Property. Attended by Mr N. Attended by En Norazmi Hamzah of Sime Darby Properties Sdn Bhd. Payment via cheque or bank transfer payable to “Real Estate and Housing Developers’ Association Malaysia”. as well as a comprehensive profile of our Association members. attractively designed publication that provides up-to-date information on REHDA Malaysia.00 per copy (Non-Members) (Note: Price excludes courier and handling charges of RM10 per copy within Peninsular Malaysia and RM20 per copy to East Malaysia/Singapore). 47301 Petaling Jaya. by post or bank transfer to Public Bank account: 3088280408. Kelana Jaya. : Fax: We would like to purchase: __________________ copy @ RM50 / copy (REHDA members) __________________ copy @ RM80 / copy (non-members) o We will collect the REHDA Directory 2010 from REHDA Secretariat (No. ________________________________________ Signature & company chop Date: . general information and guidelines on the Malaysian property industry. 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The REHDA Directory 2010 is available for sale at: D RM50. Kelana Mall. related trade and professional organisations.