Property Chat: Flawed demographic survey on proposed Residential Tenancy Act
The National Homebuyers Association (HBA) is calling out that the drafted laws of the proposed Residential Tenancy Act (RTA) draft have incomprehensible sections.
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.
Read also DONE DEAL: Three-storey semi-detached factory at Seri Kembangan, Selangor DONE DEAL: Double-storey terraced factory at Hicom Glenmarie Industrial Park, Shah Alam, Selangor With easy accessibility to major highways like Kemuning Shah Alam Highway (LKSA), Federal Highway, Shah Alam Expressway (KESAS), North-South Expressway Central Link (ELITE) and New Klang Valley Expressway (NKVE), Seksyen 22 in Shah Alam has attracted many business owners to set up their warehouses or manufacturing plants here.
It is heartening to see that the government, through the 12th Malaysia Plan (12MP), has outlined a more holistic approach to affordable housing as an attempt to reform the housing market in the post-Covid-19 era.
The National House Buyers Association (HBA) is appreciative of the housing industry’s significant contributions to our country’s economic development and likewise mindful that house buyers play an important role as the industry’s customers.
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According to earlier news reports, the Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican said there are only four developers in Malaysia capable of carrying out the build-then-sell (BTS) concept.
KUALA LUMPUR (Oct 29): Malaysia's household debt climbed further to RM1.
The Razor House – located in the coastal bluffs of San Diego’s La Jolla Farms neighbourhood – is home to music powerhouse couple Alicia Keys and Swiss Beatz after they had purchased the property in 2019 at a price of US$20.
In our earlier article “Renovation: Get it right from the start”, we have discussed the emergence of the renovation industry due to the mass housing developments which fail to meet individual buyers’ needs.