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Investment Property/Rental at SS2 PJ is taking downward turn, (Property expensive but Rental Low)

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TSmlpk
post Jun 24 2014, 06:01 PM

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However, under Section 78 of the Local Government Act 1978, the owner of an overcrowded premises shall be guilty of an offence with a fine not exceeding RM2,000 or a jail term not more than six months or both, upon conviction.

Overcrowding for commercial purposes, such as using dwelling units as hostels, is an infringement of the Town and Country Planning Act 1976 and The National Land Code.

Under the Act, the owner would be liable to a fine of RM500,000, jail, or forfeiture of land, as the real intent was to use the premises as a commercial business of providing accommodation.

This post has been edited by mlpk: Jun 24 2014, 06:02 PM
TSmlpk
post Nov 19 2014, 11:55 AM

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alot of people do complain, heard even telling the tenant why u dont have $$ to do business is it and rent house to do business? if want to do proper business rent a shop where alot of people go to and not cutting on rental renting house and nobody goes wasting time. penny wise pound foolish

house is for people to stay not do business. making the neighbourhood dirty and no space for parking.

This post has been edited by mlpk: Nov 19 2014, 11:56 AM
TSmlpk
post Jul 19 2015, 12:04 PM

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Go thai food sucks, dont know why so many people.

renting house to do business wont last long. as survey alot of business open and close. wont sustain. not for long term business wasting time and $$


 

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