News about house

HBA notes that further improvements could and should be undertaken by the government, namely to the new pegged fee of RM500 should not only take effect prospectively but retroactively (but not to the extent of making the liquidators refund any “overcharged fees”).

The exploitation by private liquidators – making a fortune from homebuyers’ misfortune – is a double whammy for the victims who are already facing the complications from their defunct property developers.

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.