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Property Chat: Flawed demographic survey on proposed Residential Tenancy Act

The proposed Residential Tenancy Act (RTA) has been a hot topic of discussion since the year 2020 – which is unsurprising as Malaysia has never had any specific laws or acts governing landlords and tenants. The RTA is set to be tabled in the Parliament in Q1 2022 and the Malaysian government has been seeking feedback for the proposed enactment of the RTA through a one-month public consultation undertaken by the Ministry of Housing and Local Government (KPKT).

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Property Chat: BTS 10:90 is not BTS

In the absolute BTS system, developers can only sell finished products that are ready for buyers to occupy, as opposed to the conven­tional sell-then-build (STB) system, where buyers pay 10% of the house price, followed by progressive payments as the developers build.

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Abandoned projects: When will preventive action be taken?

Datuk Chang Kim Loong: The grave injustice to innocent house buyers is to end up being victims of abandoned housing projects. It is a traumatic experience to have placed your entire savings to own a home, only to discover the house will never get completed, and worse, you still have to service the bank loan.

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6 things to note before you renovate your house

The gist of renovation refers to varying the original design of the existing habitat or housing unit either by addition, omission, or a combination of both. Some common examples are kitchen extension, adding a bedroom upstairs, a study downstairs, widening the living area, etc.

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