If need be, spend your children’s inheritance!
A shout-out to seniors and those getting there.
A shout-out to seniors and those getting there.
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.
The Delivery of Vacant Possession (VP) under Housing Development (Control and Licensing) Act 1966 (HDA 1966) has presented a perennial question to purchasers: Why are the purchasers being delivered purportedly completed housing property that could not be occupied due to not having an actual supply of running water and electricity? Under the current act, which is to be read together with the Housing Development (Control and Licensing) Regulations 1989 (HDR 1989), the developer is supposed to conduct the delivery of VP of the completed property to the purchasers with water and electricity supply ‘ready for connection’.
READ ALSO: DONE DEAL: Condominium at LaCosta Lake Suites, Selangor DONE DEAL: Three-storey terrace at USJ Heights, Selangor Developed and completed by NBC Land in 2009, Jelutong Heights is a freehold, gated and guarded residential development located in the residential enclave of Bukit Jelutong, Shah Alam.
KUALA LUMPUR (Jan 20): During the Real Estate and Housing Developers’ Association Malaysia (Rehda) Institute CEO Series 2022, property developers have urged for the government to step in to address the surging building material prices to ensure that house prices will remain stable, reported by The Star.
KUALA LUMPUR (Jan 14): The Ministry of Transport (MoT) on Wednesday (Jan 12) approved the Selangor portion of the East Coast Rail Link (ECRL), called Section C2.
Read also: DONE DEAL: Shoplot at Jalan Telawi 2, Bangsar Baru, Kuala Lumpur Bukit Jelutong Industrial Park has great connectivity to key highways and links to major neighbouring townships such as Petaling Jaya, Shah Alam, Subang Jaya and Klang.
Do we honestly need new laws to purportedly “offer more protection” for house buyers when the existing ones are adequate? Do we lack laws or the will to enforce them? Would amending the Housing Development (Control &Licensing) Act, 1966 (Act 118) and their related Regulations honestly solve the problem of abandoned housing project? There is nothing wrong with the current laws.
PETALING JAYA (Dec 17): Mah Sing Group Bhd’s M Centura in Sentul is now completed, and the developer is set to deliver vacant possession.