News about HBA

Datuk Chang Kim Loong: "For the average Malaysian, we have repeatedly said, owning a home is not just a dream but the largest financial commitment of a lifetime.

Civil proceedings should be commenced to recover the millions in waived penalties, as the developer had unfairly benefitted from the sale of these properties and had obtained “unlawful enrichment”.

“The principles of land valuation, compensation calculations, and the legal framework governing land acquisition must be reviewed to reflect current market trends,” said Prof Dr Ismail Omar in the forum.

As non-profit entities, JMBs/MCs/RAs are not subject to corporate tax.

Homeowners should have the freedom to decide on how to redevelop their housing schemes through "self-help" initiatives without being bound by the proposed draconian Urban Redevelopment Act.

If we are serious in ensuring houses are humanely affordable with similar facilities and amenities enjoyed by the wealthy, we need to address the root cause of why houses are so expensive, small, remotely located, and lacking in quality and amenities.

Should you embrace the flexibility of renting or invest in the long-term stability of homeownership? Is it more advisable to be cash-rich or asset-rich? To help you navigate this crucial financial decision, take a look at this general guide which breaks down the pros and cons of each option.

While HBA supports the tax relief for first home buyers, HBA feels that such an incentive should also be given to all existing homeowners with outstanding housing loans as this will benefit more rakyat which have been burdened for the past years.

The URA does not merely entail urban redevelopment of private land, but disturbingly, also postulates the possibility of “privatisation” and “commercialisation” of public land — land gazetted and reserved by state authorities for public purposes under Section 62 of the National Land Code (Act 56 of 1965) and land owned by the Federal Land Commissioner (PTP).

If there was any lingering doubt … it is now completely exonerated by the latest Federal Court decision, which endorsed the High Court decision and reinforced the developer's obligation to provide such utility facilities.