The great composer of unforgettable themes and songs of classic movies, Henry Mancini, has a house in Malibu’s La Costa Beach listed at US$11.6 million (RM52.3 million).

It is two-storey structure in a condo, that offers space and flexibility.

Imagine buying a two-storey condo unit in your ideal location and at your dream price. Yes, you are reading it ‘just right’ – it has two storeys, and it is called a duplex unit, that comes with extra space for you on the upper floor.

In reality, it is not just gloom and doom. There are office and retail centres that continue to enjoy high occupancies and this could be attributed to reasons such as their respective unique offerings like a strategic location, easy connectivity and profile of tenants. Last but certainly not least, providing a safe conducive working or shopping environment matters ant his is something that can only be achieved with top-in-class maintenance of the spaces.

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.  

Victims Malaysia (VM) had hoped that HBA would support the KPKT (Housing and Local Government Ministry) initiative as it benefits the purchasers and stimulates the current gloomy housing industry.

The Housing and Local Government Ministry (KPKT) has recently introduced an online platform called Housing Integrated Management System (HIMS), a single-entry system to replace the existing BLESS, IDAMAN and e-Pemaju, all of which are now rendered redundant (pun intended).

A “sick housing project” is defined by the Housing and Local Government Ministry (KPKT)’s portal as one that has been delayed by more than 30% compared to its scheduled progress or one whose sale and purchase agreement (SPA) has lapsed.

Short-term rentals and homestays have their costs and consequences, as well as bouquets and brickbats. A discussion on whether a ban is the right way forward typically ends up with an emotionally charged “yea” or “nay”, depending on one’s personal interest and experience, good or bad.

The loan documentation is a tedious and complex process with every bank having its own drawdown requirements and processes. The following is a checklist (which varies from bank to bank) that conveyancing lawyers have to perform and undertake for the purchasers’ banks. 

The case arose from a challenge against the Tribunal’s decision that allowed a purchaser’s claim for damages against the developer for alleged unauthorised variations to the specifications of an apartment unit under the sale and purchase agreement (SPA). The apartment unit was part of Country Garden Danga Bay’s project in Johor.