How should we judge a government?

In Malaysia, if you don't watch television or read newspapers, you are uninformed; but if you do, you are misinformed!

"If you're not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing." - Malcolm X

Never argue with stupid people, they will drag you down to their level and then beat you with experience - Mark Twain

Never argue with an idiot, otherwise people won't know which one of you is the idiot.
Since light travels faster than sound, some people appears bright - until you hear them speak.

Why we should be against censorship in a court of law: Publicity is the very soul of justice … it keeps the judge himself, while trying, under trial. - Jeremy Bentham

"Our government is like a baby's alimentary canal, with a happy appetite at one end and no
responsibility at the other. " - Ronald Reagan

Government fed by the people

Government fed by the people

Career options

Career options
I suggest government... because nobody has ever been caught.

Corruption so prevalent it affects English language?

Corruption so prevalent it affects English language?

When there's too much dirt...

When there's too much dirt...
We need better tools... to cover up mega corruptions.

Prevent bullying now!

Prevent bullying now!
If you're not going to speak up, how is the world supposed to know you exist? “Orang boleh pandai setinggi langit, tapi selama ia tidak menulis, ia akan hilang di dalam masyarakat dan dari sejarah.” - Ananta Prameodya Toer (Your intellect may soar to the sky but if you do not write, you will be lost from society and to history.)

Tuesday, December 03, 2013

Residential Leaseholders in PJ can extend their leases back to their original tenures

Before we decided to buy a leasehold property in Petaling Jaya, we were advised by a relative who is a lawyer, that there is practically no difference between a freehold and a leasehold property in terms of security, because both are subject to compulsory acquisition by the government. But of course, there is a significant difference in value because of the uncertainty related to the latter.

When our son bought the house in Section 14, the remaining period of over 50 years was deemed good enough for his life time. But now that we have a grandson, our son has to think of his son too! For his peace of mind, he is thinking of extending the leasehold period after reading the following article in today's Star...

Longer-term payment needed to settle premium fee
BY EDWARD RAJENDRA

Excerpt:

"HOMEOWNERS with a short lease on their properties are urged to take up the Selangor government’s 30% discount offer on the rate of premium for lease extension.

Local Government, Studies and Research Committee chairman Datuk Teng Chang Khim said the discount was for residential properties and must be settled within six months."

"How to calculate:

1/4 x 1/100 x Market Value of land (in sq ft) x Number of years to renew x Land area (in sq ft).

Example: 3,000 sq ft house with 10 years remaining on the lease (valued at RM120 psf), the lease renewal fee is –

0.25 x 0.01 x 120 x 89 x 3,000 = RM80,100.

Amount to pay – RM80,100 - (30% discount) = RM56,070.

More:
http://www.thestar.com.my/News/Community/2013/12/03/Longerterm-payment-needed-Senior-citizens-say-six-months-not-enough-to-settle-premium-fee.aspx

In an earlier related article:

'THE 30% discount offer on the premium for lease extension is a good deal, Local Government Datuk Teng Chang Khim said.

“We are aware that we have an aging population and the discount will help senior citizens to extend the lease on their properties.

“The discount is really a good deal and it will help the houseowners,” he said.

Teng said the Selangor government had drawn up another scheme to help those with financial constraints.

“Under this alternative scheme, the houseowner pays just RM1,000 for the extension of the lease, provided the owner does not sell the house to exploit the scheme to make a profit,” he said.

He explained that the Selangor Land and Mines Department would lodge a registrar caveat on properties taking up the RM1,000 scheme, to prevent the owner from selling the house.

“However, despite the caveat, the state allows the owner to transfer the house to their next of kin or family members.

“At a later juncture, if the owner decides to sell the house, then the full rate of premium must be paid,” he said.

http://www.thestar.com.my/News/Community/2013/12/03/Its-a-good-deal-says-Teng.aspx
Link

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