Madani Deposit, DIBS-like scheme should only be for controlled-price affordable housing, says REHDA
The Madani Deposit could provide up to RM30,000 financial assistance for first-time homebuyers.
The Madani Deposit could provide up to RM30,000 financial assistance for first-time homebuyers.
The properties involved are at Gita Bayu, Taman Sering Ukay, Duta Tropika, Le Yuan Residence, Taman Rakyat and Bandar Kinrara.
Housing and Local Government Minister Nga Kor Ming “Currently, without escrow accounts, a developer can transfer funds from Project A to Project B, leading to Project A becoming abandoned.
On Aug 7, Ahmad Shahrir directed the registrar to transfer the 263.
The Institution of Geospatial and Remote Sensing Malaysia said that the legislative amendment’s criteria is currently unclear and would affect the livelihoods of geomatics practitioners from various fields as well as other related professionals.
On Wednesday, the AGC said in a statement that it will represent the Federal Territory of Kuala Lumpur Land Registrar in applying for a stay of the court decision, and to file an appeal at the Court of Appeal.
"We are committed to provide affordable housing, but the focus should be on the right location, as some areas require more affordable housing units, while some require less due to the weak demand in those areas.
"The AGC, representing the Federal Territory Land Registrar, will file the appeal in the Court of Appeal and apply for a stay of execution of the High Court's decision," the AGC said in a statement on Wednesday night.
High Court judge Datuk Ahmad Shahrir Mohd Salleh allowed Semantan Estate’s application, to give effect to the order the company had obtained since 2009 — in one of the longest-standing civil land disputes since Merdeka — back to the liquidator after the court dismissed the government’s application for an adjournment of Tuesday’s hearing pending a proposed settlement by the government on the issue.
“The circular economy approach aims to maintain the value of materials by extending the life of a product through environmentally friendly design and recycling practices to close the loop for the waste sector,” said KPKT Minister Nga Kor Ming.