PEPS: Residential Tenancy Act unnecessary
PEPS president Subramaniam Arumugam: Micromanaging the real estate sector in this sector in this manner, particularly through a government bureaucracy, may not align with investor-friendly policies.
PEPS president Subramaniam Arumugam: Micromanaging the real estate sector in this sector in this manner, particularly through a government bureaucracy, may not align with investor-friendly policies.
The government’s assurance that it would not rush into introducing the proposed Residential Tenancy Act (RTA) is wise, given the growing public disquiet.
The National Homebuyers Association (HBA) is calling out that the drafted laws of the proposed Residential Tenancy Act (RTA) draft have incomprehensible sections.
KUALA LUMPUR (Feb 24): As the Ministry of Housing and Local Government (KPKT) plans to enact the Residential Tenancy Act, the Malaysian government has been seeking feedback through a one-month public consultation.
SINGAPORE (May 10): A man who signed tenancy agreements on behalf of others in exchange for cash was sentenced to four weeks in jail and a fine of S$400 (RM1,239) for one charge of cheating as the unit was later used by a sex worker providing sexual services inside the unit, reported CNA.
The National House Buyers Association (HBA) refers to recent media reports where Housing and Local Government Minister Zuraida Kamaruddin has proposed to introduce a Residential Tenancy Act (RTA) which is to be tabled in Parliament next year.
PETALING JAYA (Aug 13): The National House Buyers Association (HBA) reminded landlords to be wary of the activities that will be carried out in their premises before renting out their units, reported The Star.
PETALING JAYA (Aug 8): A property consultant is of the view that the authorities should not set a ceiling on rental rates, FMT reported today.
KUALA LUMPUR (Aug 5): The Ministry of Housing and Local Government is drawing up the policy for the Residential Tenancies Act to control the price of houses in the country, said its minister Zuraida Kamaruddin (pictured).
KUALA LUMPUR (Aug 2): The Residential Tenancy Act (RTA) is still being drafted and is expected to be ready by the end of the year, Housing and Local Government Minister Zuraida Kamaruddin (pictured) said recently.