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| Friday, 24 May 2013, 01:48 MST |
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No Plan to have Specific Laws to control Property Prices |
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| KUALA LUMPUR, April 26 (Bernama) -- The government has no plan to introduce specific laws to control house and property prices in the country, the Dewan Negara was told today. Deputy Housing and Local Government Minister Datuk Seri Lajim Ukin said house prices were determined by market forces and this was in line with Malaysia's free economy. "Although there is no specific act to control the rise in house prices, the government can still implement various control mechanisms to ensure that the |
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| SUPPORTING ORGANIZATIONS |
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| CLASSIFIED |
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| Vacancies |
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| List of available vacancies for legal and related professionals |
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| BOARD OF ADVISORS |
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| NEWS |
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| Govt may double Minimum Price of Houses Foreigners can buy |
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| KUALA LUMPUR: The Government is considering raising the minimum floor prices of houses foreigners are allowed to buy to RM1mil from the current RM500,000 in an effort to control the rise in property prices, sources said. They said such a decisio... |
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| Shorter Wait for Building Permits |
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| KUALA LUMPUR: The waiting period for building permits of between 172 and 350 days from the day of submission will be cut to 60 days. |
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| Native Land Tribunal not Needed at the Moment, says Musa |
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| KOTA KINABALU, March 27 (Bernama) -- The Native Land Tribunal is not needed at the moment as the existing Sabah Land Ordinance is sufficient in resolving disputes concerning native land, Chief Minister Datuk Seri Musa Aman said. |
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| Court dismisses Appeal over Tongod NCR Land Claim |
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| KOTA KINABALU: Residents in seven villages in Sabah’s east coast Tongod region are now closer to the goal of their long legal battle to reclaim their ancestral land following a High Court decision to allow their case to go to trial. Delivering t... |
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| REGULATORY |
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| SC revises Guidelines on Real Estate Investment Trusts |
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| The Guidelines on Real Estate Investment Trusts is issued by the SC under section 377 of the Capital Markets and Services Act 2007 (CMSA). These guidelines set out requirements to be complied with by any person intending to establish a real esta... |
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| INDUSTRY UPDATES |
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| MKMS launches New Look MLTIC Web Cluster |
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| 15 July 2011: Muttath KM Services (MKMS) has re-launched Malaysian Legal and Tax Information Centre (MLTIC), a Free Access to Law cluster of portals on Malaysian law and tax, with several enhanced features and a new look. The new web cluster, wh... |
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| Asean Tax Portal in Pipeline |
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Muttath KM Services has announced the launch of Asean Tax Portal, a portal that will consolidate Asean tax information. More information will follow shortly.
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| New Look MLTIC Web Cluster |
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Muttath KM Services has re-launched Malaysian Legal and Tax Information Centre, a Free Access to Law cluster of portals on Malaysian law and tax, with several enhanced features and a new look. The new web cluster is available at malaysianlaw.my.
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The law of Malaysia is mainly based on the common law legal system, a direct result of the British colonisation of Malaya, Sarawak, and North Borneo by Britain. |
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The Federal Constitution is the supreme law of Malaysia. It establishes a constitutional monarchy with the Yang di-Pertuan Agong as the Head of State. It provides for the establishment of three main branches of the government: the bicameral legislative branch called the Parliament, which consists of the House of Representatives (Dewan Rakyat) and the Senate (Dewan Negara); the executive branch led by the Prime Minister and Cabinet Ministers; and the judiciary headed by the Federal Court.
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MLTIC allows individuals and organizations to take advantage of its standing as the most-visited web portal on Malaysian law and tax by becoming sponsors and advertisers. Several options are available.
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MLTIC is planning to develop a wide range of products and services for Malaysian legal and tax industries. MLTIC believes that forging long-term partnerships with the right people is the way forward, and is looking for enterprising individuals or organizations to partner with.
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Real Estate Law aims to build, operate, promote and sustain an online law portal that provides free, fast and easy access to Malaysian real estate and construction law information.
Real Estate Law, the first-of-its-kind web portal in the Region, is accessible at www.mylandlaw.info. |
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Real Estate Law is a micro-site of MLTIC, the most popular web portal on Malaysian law and tax. MLTIC (read as M-L-Tick) or Malaysian Legal and Tax Information Centre is a cluster of web portals on Malaysian law and tax. MLTIC consists of a main portal and 9 micro-sites accessible at or via www.malaysianlaw.my. MLTIC is an initiative inspired by Free Access to Law movement.
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