Tag: leases
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Sibu couple blindsided by RM280,000 electricity bill after tenant’s crypto mining steals power
Overview: A shocking bill and what happened A middle-aged couple in Sibu were stunned to receive a demand from Sarawak Energy for RM280,000 in unpaid electricity charges. The charge stems from alleged power theft linked to a tenant who allegedly used the couple’s shophouse to mine cryptocurrency. The dramatic sum underscores the financial and legal…
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New Real Estate Measures: Tax Relief and Tenant Certification
Introduction to New Real Estate Measures In recent discussions, the government has outlined significant interventions targeting the real estate sector. Two key proposals are set to reshape the landscape of residential leases, aiming to provide both flexibility and security for tenants and landlords alike. Tax Relief for Flexible Leases The first measure focuses on introducing…