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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 10): Lendlease, Sydney-based property developer, has acquired a 1.

KUALA LUMPUR (Feb 10): The Federal Court had on Wednesday (Feb 9) adjourned its hearing of the Melaka Gateway mixed development dispute involving its developer KAJ Development Sdn Bhd and the Melaka state government as both parties are pursuing an out-of-court settlement following a disagreement on the termination of the state government's agreement with KAJ for the project.

KUALA LUMPUR (Feb 10): Colony Space Asia Sdn Bhd has signed a six-year co-working space deal with integrated car e-commerce platform Carsome, involving 41,860 sqft of office space across four floors of KYM Tower in Mutiara Damansara.

Read also DONE DEAL: 2.

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.

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.

KUALA LUMPUR (Feb 8): Genting Malaysia Bhd's (GenM) operating unit Resorts World Genting (RWG) has announced that the casino and hotel group's Genting SkyWorlds Theme Park (pictured) in Malaysia has officially opened on Tuesday (Feb 8).

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.