“When we buy a luxury car for RM800,000, we can get our bank facility within two or three days without a lawyer, but when we buy a house for RM300,000, we are required to have a battery of lawyers to complete the transaction which takes an average of three to six months.
JOHOR BAHRU (May 5): The East Coast Rail Link (ECRL) project is expected to solve traffic congestion faced by road users especially those heading to the east coast during the festive season, once completed by the end of 2026.
Yesterday (April 13), the Federal Court dismissed the leave applications brought by Country Garden Danga Bay Sdn Bhd (CGDB) against a group of seven unit purchasers of Country Garden Danga Bay, Johor Bahru.
Some developers are ‘arm-twisting’ house buyers to sign away their rights to late delivery compensations, but are such waivers legitimate? Ever so often, when developers fail to complete their projects on time, they devise ways and means to avoid paying compensation for late delivery or liquidated ascertained damages (LAD) to their house buyers.
KUALA LUMPUR (March 16): Earthworks and civil engineering services specialist Advancecon Holdings Bhd has bagged a construction project worth RM42.
KOTA TINGGI (March 9): A total of 3,200 land lots are being provided for the second generation of Felda settlers in Johor in a bid to resolve part of the housing issues in Felda areas.
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’.
KUALA LUMPUR (Feb 9): Prime Minister Datuk Seri Ismail Sabri Yaakob has pledged to build 5,000 council homes for the low-income household with plans to make Kuala Lumpur a city where no one is left behind.
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.
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