HBA applauds Pemudah’s efforts towards cutting down bureaucratic red tape

The National House Buyers Association (HBA) acknowledges the challenges faced by Economy Minister Rafizi Ramli in implementing the NDFB, which will entail the Government’s commitment in resolving issues to improve the business environment by addressing structural and situational challenges especially when dealing with bureaucratic red tape, inefficient regulations and undue regulatory burden faced by investors and businesses in Malaysia The Government, through the Special Task Force to Facilitate Business (Pemudah) platform, is drafting a document entitled “New Deal for Business” (NDFB) to boost business confidence, stimulate economic growth and drive national digital transformation, reported the Business Insider recently.

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DONE DEAL: Terrace house, Taman Setiawangsa, Kuala Lumpur

DONE DEAL: Warehouse, Taman Perindustrian Pulau Indah, Selangor DONE DEAL: Residential land, Genting Highlands, Pahang Located less than 4km from the city centre, Setiawangsa popped up in the mid-1990s and has been a thriving neighbourhood on the eastern end of Kuala Lumpur.

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Free legal fees – fact or myth?

Is it a freebie in the truest sense of the word? Are buyers really enjoying a waiver of such legal fees? To woo purchasers in a competitive property market, developers often offers various freebies, including air-conditioners, kitchen cabinets, automatic gates, club memberships and legal fees.

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DONE DEAL: Terrace house, Jalan Klang Lama, Kuala Lumpur

DONE DEAL: Condominium, Seringin Residences, Kuala Lumpur DONE DEAL: Terrace house, Rymba Gardens Jade Hills, Selangor Situated at Jalan Hujan Emas, a charming thoroughfare nestled in Jalan Klang Lama, is a street that beckons with a unique blend of tranquillity and urban allure.

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Urban Renewal Act: Is KPKT biting more than it can chew?

A new Act will surely come with its own set of challenges, but is KPKT capable of monitoring it when it has not been able to resolve the current spate of problematic projects? The Ministry of Local Government Development (KPKT) has recently announced that the Urban Renewal Act will be tabled next year.

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HBA’s views — the status quo on OPR by BNM

“The real danger is when borrowers are already struggling to service the monthly loan instalment before the OPR increase, they will definitely find it very difficult to pay for even the slightest increase in loan instalments.

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