Extension for project delivery possible, says housing minister

PETALING JAYA (Oct 5): Developers who are not able to deliver their residential projects on time may request for an extension of an additional 12 months from the original 36 months, provided no sale and purchase agreement has been signed, said Minister of Urban Wellbeing, Housing and Local Government Tan Sri Noh Omar.

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On ways to lift the market

Continues from: On bringing down property prices ‘No more goose that lays the golden egg’ Tan (pictured): Right now we have many properties unsold in certain sectors.

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Amendments to land laws will attract more foreign investors, says Wan Junaidi

NILAI (July 28): The recent amendments to land laws that were passed in Parliament recently will be a boost to attract new foreign investments, said Natural Resources and Environment Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said yesterday, Bernama reported He added that the amendments would also help the public tremendously on matters relating to land.

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