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The National Land Code (Malay: Kanun Tanah Negara), is a Malaysian laws which enacted to amend and consolidate the laws relating to land and land tenure, the registration of title to land and of dealings therewith and the collection of revenue therefrom within the States of Johore, Kedah, Kelantan, Malacca, Negeri Sembilan, Pahang, Penang, Perak, Perlis, Selangor, Terengganu and the Federal ...
Real estate appraisal, property valuation or land valuation is the process of developing an opinion of value for real property (usually market value).Real estate transactions often require appraisals because they occur infrequently and every property is unique (especially their condition, a key factor in valuation), unlike corporate stocks, which are traded daily and are identical (thus a ...
The Ministry of Housing and Local Government ( Malay: Kementerian Perumahan dan Kerajaan Tempatan ), abbreviated KPKT, is a ministry of the Government of Malaysia that is responsible for urban well-being, housing, local government, town planning, country planning, fire and rescue authority, landscape, solid waste management, strata management ...
Land administration. Land administration is the way in which the rules of land tenure are applied and made operational. Land administration, whether formal or informal, comprises an extensive range of systems and processes to administer. [1] The processes of land administration include the transfer of rights in land from one party to another ...
The tax rate is applied to the assessed value to calculate the property tax bill. Step 3: Calculate Property Tax. To calculate property taxes, multiply the assessed value or market value of the ...
Sime Darby Property Berhad 197301002148 (15631-P) is a Malaysian real estate developer with operations in Malaysia and the United Kingdom. Incorporated in 1973, as Sime Darby Property Sdn. Bhd., the Group was created through the integration of the property arms under the former Golden Hope Plantations Berhad, Kumpulan Guthrie Berhad, and Sime Darby Berhad.
Floor Area ratio is sometimes called floor space ratio ( FSR ), floor space index ( FSI ), site ratio or plot ratio . The difference between FAR and FSI is that the first is a ratio, while the latter is an index. Index numbers are values expressed as a percentage of a single base figure. Thus an FAR of 1.5 is translated as an FSI of 150%.
The Federal Land Development Authority ( Felda; Malay: Lembaga Kemajuan Tanah Persekutuan, LKTP) is a Malaysian government agency that was founded to handle the resettlement of rural poor into newly developed areas ( colonies, settlements or schemes) and to organize smallholder farms growing cash crops. Since the 1990s, it has not established ...
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