RHB: Some negative headwinds may hinder recovery in property sales

KUALA LUMPUR (Jan 6): A resurgence of daily Covid-19 infection cases following the emergence of new variants, high building material prices, a potential overhang among property stocks ahead of the general election and earlier-than-expected rate hikes are hindering real estate from recovering, said RHB Investment Bank.

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Invoke Section 18A of the HDA to prosecute delinquent housing developers

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.

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DONE DEAL: Condominium at Zenith Residence, Selangor

Read also DONE DEAL: Shoplot at Bandar Mahkota Cheras, Selangor DONE DEAL: Office at Nu Tower 1, KL Sentral, Kuala Lumpur Zenith Residence is a leasehold condominium comprising a total of 358 units and located in Kelana Jaya as part of the Zenith Corporate Park.

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