Building Managers Act? Don't create new board when existing one can be strengthened

In Part 1, “Another property management law? Fix the gaps, don't duplicate the regulator”, the National House Buyers Association (HBA) examined whether the Housing and Local Government Ministry (KPKT)’s recent proposed new legislation for a Building Managers Act would address a genuine regulatory gap or risk duplicating existing frameworks under the Valuers, Appraisers, Estate Agents and Property Managers Act 1981 (Act 242) and the Strata Management Act 2013 (Act 757).

READ MORE

Why are RM300,000-and-below ‘affordable homes’ still unsold?

The latest data from the National Property Information Centre (Napic) suggest what the National House Buyers Association (HBA) describes as a structural contradiction in Malaysia’s “affordable housing” segment, highlighting a widening disconnect between what is being built and what households can realistically afford.

READ MORE