RHB: Some negative headwinds may hinder recovery in property sales

KUALA LUMPUR (Jan 6): A resurgence of daily Covid-19 infection cases following the emergence of new variants, high building material prices, a potential overhang among property stocks ahead of the general election and earlier-than-expected rate hikes are hindering real estate from recovering, said RHB Investment Bank.

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Invoke Section 18A of the HDA to prosecute delinquent housing developers

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.

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Property Chat: If I were the Housing Minister (Part 2)

Last week, I presented the National House Buyers Association (HBA)’s: ‘tick where applicable” checklist to our newly minted Minister of Housing & Local Government, YB Datuk Seri Reezal Merican Naina Merican in my article published on Dec 11, 2021 entitled: ‘If I were the Housing Minister” I have since received positive feedback from my fellow volunteers, friends of HBA, industry players, stakeholders, civil servants, politicians from both sides of the divide and housing developers (of the decent and responsible variety).

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