Budget 2023 – HBA wishes for a system revamp to benefit rakyat
We crucially need a system to establish the ratio of annual income to house price at 1:3 at the most and not 1:6 as it is now.
We crucially need a system to establish the ratio of annual income to house price at 1:3 at the most and not 1:6 as it is now.
Gladys Chua, head of sustainability services at RAM Sustainability Sdn Bhd, said green home supply is still at the infancy stage in Malaysia.
All of us are hoping for a brighter future, and for this to happen, we need effective and sustainable policies that are properly thought out and implemented with the rakyat’s interest in mind.
Rapidly rising interest rates are also expected to drive further falls going forward.
A townhouse is a unique type of property that has two self-contained, individual homes stacked upon each other.
There seems to be an ongoing attempt at circumventing the Federal Court decision to allow the authorities to again extend the deadline for delivery of vacant possession.
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.
The National Homebuyers Association (HBA) is calling out that the drafted laws of the proposed Residential Tenancy Act (RTA) draft have incomprehensible sections.
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.