Lease extensions to 99 years |
Sunday, 12 December 2010 14:32 | |||
KUALA LUMPUR: State governments can approve applications for renewal or extension of leasehold land for a period of not more than 99 years unless they require the land for public purposes. Deputy Prime Minister Tan Sri Muhyiddin Yassin said all state governments had agreed to adhere to the new policy. “The implementation of this policy would fulfill the needs of the rakyat who are worried about losing their land titles,” he told reporters after chairing the 66th National Land Council meeting here yesterday. He said the policy, which was decided during the meeting, would be used as a guide with several conditions which include:
Asked about cases of 999 years’ lease being given by some state governments, Muhyiddin said: “This policy has been decided by the National Land Council and must be adhered to by all state governments.” In 2008, when Perak was led by Pakatan Rakyat, the state government had awarded 999 years’ lease to some new villagers. On another matter, Muhyiddin denied that the Umno supreme council’s decision to postpone the party elections was a sign of snap polls. When asked whether the move was to prepare for an early general election, he said: “I never said that. The media can speculate. As far as the party is concerned, it is an appropriate decision.” Source: the star news Add this page to your favorite Social Bookmarking websites
|
Latest News or Updates
- Discontinuation of The Reduction Of Fixed Deposit Placement Based On Property Purchase And MM2H Approval By Government Pension
- MM2H Agents Association Second National Workshop 2015
- MM2H Centre Does NOT Provide Photocopy Services
- Commissioner of Oaths Are NOT Allowed to Certify Documents
- MM2H Centre Closed on 17th July 2015
- MM2H Participants Are NOT Allowed To Do Business
- MM2H Centre Closed on 1st & 4th May 2015
- Exodus (MM2H) SB Offical Takeover Paradise (MM2H) SB and Promoteglad (MM2H) SB (Formerly know as Glamour Glad (MM2H) SB)
- Ministry of Finance (MOF): No Goods & Services Tax (GST) Exemption for Vehicle Purchase
- MM2H Agents Association National Workshop 2015