PEPS: Residential Tenancy Act unnecessary
PEPS president Subramaniam Arumugam: Micromanaging the real estate sector in this sector in this manner, particularly through a government bureaucracy, may not align with investor-friendly policies.
PEPS president Subramaniam Arumugam: Micromanaging the real estate sector in this sector in this manner, particularly through a government bureaucracy, may not align with investor-friendly policies.
The government’s assurance that it would not rush into introducing the proposed Residential Tenancy Act (RTA) is wise, given the growing public disquiet.
The National Homebuyers Association (HBA) is calling out that the drafted laws of the proposed Residential Tenancy Act (RTA) draft have incomprehensible sections.
KUALA LUMPUR (Feb 24): As the Ministry of Housing and Local Government (KPKT) plans to enact the Residential Tenancy Act, the Malaysian government has been seeking feedback through a one-month public consultation.
KUALA LUMPUR (Aug 15): Prime Minister Tan Sri Muhyiddin Yassin announced today that the government is currently studying the views and feedback from stakeholders on plans to make Langkawi Island a pilot project for a tourism bubble destination.
SINGAPORE (May 10): A man who signed tenancy agreements on behalf of others in exchange for cash was sentenced to four weeks in jail and a fine of S$400 (RM1,239) for one charge of cheating as the unit was later used by a sex worker providing sexual services inside the unit, reported CNA.
KUALA LUMPUR (Feb 27): One industry that needs to be “resuscitated” from the impact of the Covid-19 pandemic is the tourism segment.
KUALA LUMPUR (Nov 25): Several MPs are a bit concerned about Tourism, Arts and Culture Minister Datuk Seri Nancy Shukri’s presence in Parliament after news that an officer in one of the ministry’s agencies tested positive for Covid-19, reported The Star.
The National House Buyers Association (HBA) refers to recent media reports where Housing and Local Government Minister Zuraida Kamaruddin has proposed to introduce a Residential Tenancy Act (RTA) which is to be tabled in Parliament next year.
PETALING JAYA (Aug 13): The National House Buyers Association (HBA) reminded landlords to be wary of the activities that will be carried out in their premises before renting out their units, reported The Star.