Don’t let housing loans bankrupt you

Buying a property is the single biggest financial purchase and commitment that the average rakyat will make in his or her lifetime. Hence, the National House Buyers Association (HBA) can’t emphasise enough that careful thought and planning must be done before taking a housing loan to buy a property.


Resurrection of EOT: Old wine in new bottles?

There seems to be an ongoing attempt at circumventing the Federal Court decision –through invoking a different provision in the HDA to allow the authorities to again extend the deadline for delivery of vacant possession or move the goalposts, thereby denying the house buyers their rights to receive their houses on time as stipulated in the sale and purchase agreements, and correspondingly their rights to receive liquidated ascertained damages (LAD) for such delays.