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PETALING JAYA (March 2): The Real Estate and Housing Developers’ Association Malaysia (Rehda) is cognisant of the Residential Tenancy Act (RTA) proposed by the Ministry of Housing and Local Government (KPKT), which recently went through a month-long consultancy period with affected stakeholders.

KUALA LUMPUR (March 2): Plastic parts and metal parts manufacturer Luster Industries Bhd has proposed to buy a 9,554 sq m freehold land in Ara Damansara from the Sime Darby group for RM35 million.

KUALA LUMPUR (March 1): Boustead Properties Bhd’s Balau Homes in its smart township development Mutiara Hills in Semenyih has seen a 90% take-up rate for its Phase 1A1 and 80% for Phase 1A2.

The National Homebuyers Association (HBA) is calling out that the drafted laws of the proposed Residential Tenancy Act (RTA) draft have incomprehensible sections.

Entering into his tenth year as a real estate negotiator, Hugo Siow (pictured) of CID Realtors Sdn Bhd has gone from one agency to another while finding his niche in the real estate industry.

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: 2.

SEOUL (Feb 8): With Seoul’s presidential vote due in March, the capital’s housing market is starting to show signs of cooling off, according to Reuters.

KUCHING (Feb 8): An increase of the minimum wage may lead to an increase of unemployment rate as employers may end up hiring fewer workers due to the high cost, said Sarawak Housing and Real Estate Developers’ Association (Sheda) president Augustine Wong Chung Ho.

PETALING JAYA (Feb 7): Boustead Properties aims to build affordable homes that are sustainable and environmentally friendly, driven with technological solutions, according to a report by The Malaysian Reserve.