
Majuperak unveils new housing project for first-time buyers, young families
KUALA LUMPUR: Majuperak Holdings Bhd, a subsidiary of Perak State Development Corporation (PKNPk), has launched a new residential development called Taman Tasik Ardea in Sungai Terap, Batu Gajah.
The project is being developed on land owned by Syarikat MajuPerak Bhd (SMB), another PKNPk subsidiary, as part of the state government's broader plan to improve access to quality housing for targeted communities.
With a gross development value (GDV) of RM141 million, the project comprises 601 homes to be built in three phases - 161 units in Phase 1, 264 units in Phase 2 and 176 units in Phase 3.
Spread across 46.13 hectares, Taman Tasik Ardea features single-storey terrace houses designed to cater to first-time buyers, young families, and those seeking a tranquil, nature-filled setting.
Prices range from RM90,000 for Rumah Perakku 1 to RM250,000 for Rumah Perakku 3, with unit sizes between 1,075 and 1,275 square feet offering 3 to 4 bedrooms. Selected units are also open to non-Bumiputera buyers.
Perak Menteri Besar Datuk Seri Saarani Mohamad, who launched the project, reiterated the state government's commitment to fulfilling the housing aspirations of Perakians through the Flagship Prosperous Housing Programme, under the Perak Sejahtera 2030 development plan.
PKNPk chief executive Datuk Redza Rafiq Abdul Razak said the project is part of the state's broader strategy to maximise the use of its assets and leverage property development as a tool to enhance public welfare.
Redza, who also serves as executive chairman of Majuperak, added that Taman Tasik Ardea exemplifies a coordinated effort between government development policies and private sector participation.
"Under Majuperak, we are not just building houses – we are building a community that is resilient and high quality, with a focus on social integration, public amenities and environmental sustainability," he said.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


New Straits Times
43 minutes ago
- New Straits Times
What's new in the expanded SST starting July 1?
KUALA LUMPUR: The government is expanding the Sales and Service Tax (SST) to make the system more targeted and fair, focusing on those who spend more on non-essential goods and services. Here's what's changing: 1. More services will be taxed Six new categories of services will be subject to the service tax, namely leasing and rental, construction, finance, private healthcare, education, and beauty services. These will be taxed at varying rates between six and eight per cent, with thresholds and exemptions in place to safeguard lower-income groups and small businesses. 2. Essentials stay tax-free Basic goods like rice, cooking oil, sugar, milk, medicines, books and even building materials such as cement and sand remain under the zero per cent sales tax. No changes there, your everyday needs won't cost more because of SST. 3. Luxury items face higher tax Goods like imported fruits, king crab, truffle mushrooms, silk fabric, racing bikesand antique paintings will now be taxed at five or 10 per cent, depending on the item. These are considered non-essential. 4. What's taxed and what's not, in the new service categories • Leasing and rental: Taxed at eight per cent if annual income exceeds RM500,000. But residential rentals and small businesses are exempt. • Construction: Taxed at six per cent for contracts above RM1.5 million. Public housing and residential buildings are exempt. • Finance: Fee-based services taxed at eight per cent, but basic banking, Islamic finance and remittances are not affected • Private healthcare: Only non-citizens will pay a six per cent tax. Malaysians are exempt, including for traditional medicine like Chinese, Malay and Indian therapies. • Education: A six per cent tax applies to private schools charging over RM60,000 per student annually and higher education for international students. Malaysians and persons with disabilities are exempt. • Beauty services: Taxed at eight per cent if a business earns over RM500,000 a year. This includes facial treatments and hair salons. 5. Grace period for businesses No penalties or enforcement until Dec 31, 2025, giving businesses time to adapt.


New Straits Times
an hour ago
- New Straits Times
Expanded SST to cover more services from July 1, essentials remain tax-free
PUTRAJAYA: The expanded Sales and Service Tax (SST), which will come into effect on July 1, will cover six new categories of services namely leasing, construction, finance, private healthcare, education and beauty. Finance Minister II Datuk Seri Amir Hamzah Azizan said the changes also include higher sales tax rates on selected luxury goods such as king crab, truffle mushrooms, essential oils, imported fruits and racing bicycles. However, essential goods including rice, sugar, milk, cooking oil, medicines and basic construction materials will remain exempt under the zero per cent sales tax bracket. Amir Hamzah Azizan said the revamped SST structure is aimed at strengthening government revenue without imposing additional burdens on the majority of citizens. "The government is committed to pursuing reforms under the Madani economic framework," he said in a statement today, following a closed-door editors' briefing held here earlier. "To ensure the majority of people are not affected by the SST review, the government has adopted a targeted approach by exempting essential goods and services from taxation," he added. Amir Hamzah added that the extra revenue collected would be channeled towards improving public services and expanding the social safety net. "This improvement to SST will enable further upgrades in public services, especially increasing the amount of direct financial aid to the people, while also strengthening public infrastructure. "The additional revenue can benefit the entire country without adding pressure on the majority of citizens." Under the expanded scope, service tax will now apply to leasing services at a rate of eight per cent for companies with annual leasing revenue above RM500,000. However, leases involving residential buildings, reading materials, overseas assets, and certain financial leases will be exempt. Smaller businesses, particularly micro, small and medium enterprises, will also be excluded if their annual leasing revenue falls below the threshold. For construction services, a six per cent service tax will apply to providers with annual revenue exceeding RM1.5 million. Residential construction and public housing-related works are exempt and exemptions also apply to business-to-business (B2B) transactions to avoid double taxation. Financial services that involve fees or commissions will be taxed at eight per cent. Basic financial services such as standard banking transactions, Islamic financing mechanisms, foreign exchange gains, outbound money transfers, and services tied to capital markets, will remain exempt. Amir Hamzah said the government has also provided relief for transactions involving Bursa Malaysia, Labuan-based services and B2B dealings. Private healthcare services for non-citizens will be taxed at six per cent. Malaysians will remain exempt, including for traditional treatments like Malay, Chinese, Indian, Islamic medicine, homeopathy, chiropractic and osteopathy. The government has also confirmed that allied health services such as physiotherapy, audiology and speech therapy will remain exempt for Malaysians. In the education sector, a six per cent tax will be imposed on private preschools, primary and secondary schools that charge more than RM60,000 in annual fees per student. However, students who are Malaysian citizens, as well as persons with disabilities, will not be taxed. In the case of higher education, the tax applies only to international students, while Malaysian students are fully exempt. Beauty services, including facial treatments and hairdressing, will be taxed at eight per cent if the value of taxable services provided by a business exceeds RM500,000 within 12 months. To support a smooth transition, the government will not take legal or punitive action against companies that comply with the new rules until Dec 31, 2025. The Finance Ministry and the Customs Department will issue detailed regulations, guidelines, and frequently asked questions (FAQs) in the coming weeks to assist businesses in navigating the updated tax regime.


Borneo Post
3 hours ago
- Borneo Post
Company in Kuching fined for importing, selling mandarin oranges with excessive pesticide
Magistrate Mason Jaro Lenya Barayan imposed the fine after the company via a representative pleaded guilty to a charge under Regulation 397(1) of the Food Regulations 1985 and sentenced under Regulation 397(2) of the same law. — Pexels photo KUCHING (June 9): A food importing company was fined RM4,000 by the Magistrates' Court here today for importing and selling mandarin oranges containing pesticide residue exceeding the permitted limit. Magistrate Mason Jaro Lenya Barayan imposed the fine after the company via a representative pleaded guilty to a charge under Regulation 397(1) of the Food Regulations 1985 and sentenced under Regulation 397(2) of the same law. According to the facts of the case, a fresh sample of the mandarin oranges was taken on Dec 20, 2024 and sent for a laboratory analysis. The test results revealed the presence of 0.02mg/kg of Organophosphorus/Chlorpyrifos pesticide residue, which exceeded the permissible limit under Regulation 41(3)(c) of the Food Regulations 1985. The Regulation stipulates that no person shall prepare for sale any food containing 0.01 milligrammes or more per kilogramme of any pesticide residue, unless that pesticide is specified for that food in the Sixteenth Schedule or the Codex Alimentarius. During court proceedings, prosecuting officer Mohd Fairos Ibrahim from the Inspectorate and Legal Unit of the Kuching Division Health Office informed the court that exposure to pesticides in excessive or prolonged amounts could pose health risks and harm human organs. He urged the court to impose an appropriate sentence to serve as a deterrent to the accused. Mohd Fairos added that an appropriate sentence would also serve as a warning to other importers to exercise greater caution when bringing food products into Malaysia, and to ensure proper measures are taken before importing samples. company exceed oranges permitted limit pesticide residue