HBA applauds Pemudah’s efforts towards cutting down bureaucratic red tape

The National House Buyers Association (HBA) acknowledges the challenges faced by Economy Minister Rafizi Ramli in implementing the NDFB, which will entail the Government’s commitment in resolving issues to improve the business environment by addressing structural and situational challenges especially when dealing with bureaucratic red tape, inefficient regulations and undue regulatory burden faced by investors and businesses in Malaysia The Government, through the Special Task Force to Facilitate Business (Pemudah) platform, is drafting a document entitled “New Deal for Business” (NDFB) to boost business confidence, stimulate economic growth and drive national digital transformation, reported the Business Insider recently.

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Free legal fees – fact or myth?

Is it a freebie in the truest sense of the word? Are buyers really enjoying a waiver of such legal fees? To woo purchasers in a competitive property market, developers often offers various freebies, including air-conditioners, kitchen cabinets, automatic gates, club memberships and legal fees.

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HBA’s views — the status quo on OPR by BNM

“The real danger is when borrowers are already struggling to service the monthly loan instalment before the OPR increase, they will definitely find it very difficult to pay for even the slightest increase in loan instalments.

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Budget 2024 - Mixed reactions from stakeholders

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.

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Budget 2023: HBA’s concern and suggestions

In comparing the revised budget and the previous October budget, the honorary secretary-general of HBA Datuk Chang Kim Loong has expressed the association’s support, concern and disappointment on matters relating to the Malaysian property sector.

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