News about chang

Developers must provide purchasers with a full set of detailed approved documents of the property in the sale and purchase agreement.

Other amendments that the Ministry of Natural Resources, Environment and Climate Change planned under Act 655 are to list new offences that cause the closure of the water supply system, as well as to enable the water service licence holder to reclaim the restoration cost.

From time to time, there are reports of homebuyers taking their developers to task for developing some green lung or common open spaces that they deem to be their communal common spaces.

Mulia Property Development stated that Council on Tall Buildings and Urban Habitat announced an addition to the criteria for measuring the height of a building from street level in a case where the entrance of a building sits on a significant podium.

Domestic users, farmers and animal breeders, and LV non-domestic users, will be exempted from the tariff hike after the latest adjustment on the electricity rates through the ICPT mechanism.

The authorities need to take stringent action against abuses of PPR and at the same time, work out the RTO for the deserving.

The retail and entertainment component will have a net lettable area of 1.

Condos, apartments, serviced residences – these are becoming popular choices for urbanites, but many are not equipped with the basic knowledge of being a strata property owner.

Talks of the government wanting to promote second-generational loans or dual-generation housing loans are rife, but what is the cost to the rakyat? Doubtless, Malaysia is currently facing a housing crisis where the majority of the rakyat cannot afford to buy their first homes.

HBA notes that further improvements could and should be undertaken by the government, namely to the new pegged fee of RM500 should not only take effect prospectively but retroactively (but not to the extent of making the liquidators refund any “overcharged fees”).