News about HBA

HBA merasa gusar mengenai isu yang berulang kembali, yang sepatutnya telah diselesaikan pada tahun 2019.

Varied views from a number of stakeholders in the property segment The Association expresses concerns over plans to introduce a 4% flat rate for the stamp duty on memorandum of transfers on purchases by foreign individuals and companies.

No rightful homeowner should be disadvantaged in any scheme in the name of redevelopment, rejuvenation or revitalisation when there are plenty of reasons such a move is unnecessary.

Upon reading “Addressing disparity between advertised and end product in housing industry”, a homebuyer finds herself agreeing on more than one point as she recounts her real-life encounter.

Jangkaan yang tidak sepadan antara unit tunjuk dan unit sebenar telah menjadi tanah subur untuk perselisihan antara pembangun dan pembeli.

Mismatched expectations between show units and actual units have become fertile grounds for contention between developers and purchasers.

Tan Kian Aun, president of Malaysian Institute of Estate Agents: While property investors want to maximise their returns on investment, we also need to take into consideration of safety and also overcrowding of the apartment.

Imposing a vacancy tax on developers on these properties will not in any way help to resolve the problem and will only result in new houses being more expensive as developers will pass on the cost of any additional taxes to future launches.

As the increase in legal fees is reasonable and not significant when compared against the property value or loan amount, it is not expected to cause a domino effect towards the rising cost of living or house prices.

According to the SRO 2023, the changes will “affect transactions involving non-contentious matters such as the sale and purchase of movable and immovable properties, financing and tenancies”.