ZADC
VR Tech poised to put a new spin on property
Virtual Reality is starting to make an impact in the property industry, and while a handful of companies have already experimented with this technology as part of their sales drive, the participation of an Australian digital advertising company in the local market now promises to considerably enhance the buyer... Read more
Integrate social media to increase venue popularity
  It is becoming more apparent that social media provide brands, especially those in the hospitality industry with many advantages and there is a growing need to have an active presence online to draw in audiences to your brand. Social media works well in all industries, and venues in particular,... Read more
Shock and Awe over EOT numbers
DESPITE CONTRADICTING BASIC BUYER PROTECTIONS ESTABLISHED BY LAW, 304 EOTs HAVE ALREADY BEEN ISSUED BY Chris Prasad The Extension of Time (or EOT) provision is a highly contentious issue that has already made its way to the courts. EOTs are extensions granted to developers by the Controller of Housing... Read more
Strata Management Tribunal:  Scope, Jurisdiction and Powers
BY The National House Buyers Association You have the Consumer Tribunal under the Consumer Protection Act, then the Tribunal for Home-Buyers Claims under the Housing Development (Control & Licensing) Act and here is an easy, cheap and speedy path to justice that an aggrieved party may seek without having... Read more
Alert! OPR rate hike on the cards
Market analysts foresee that the overnight policy rate (OPR) might go up by another 25 basis points (bps) before the end of the year. The latest to suggest that Bank Negara Malaysia (BNM) will consider this move is TA Securities Holdings Bhd, which said that the OPR will likely... Read more
EOT a tool against Abandoned Projects – Fact or Fallacy?
(Note: Below is an expanded perspective by HBA on the former KPKT minister’s statements defending the use and application of the EOT.) BY The National House Buyers Association The immediate past Minister of Urban Wellbeing, Housing & Local Government, YBhg Datuk Seri Abdul Rahman Dahlan’s purported rationale for the... Read more
HBA: We don’t care about politics, we’re concerned about EOT
BY Chris Prasad In the aftermath of a landmark ruling by the High Court last week, bringing into question the validity of Extension of Time (EOT) provision given to developers by the Ministry of Urban Wellbeing, Housing and Local Government (KPKT), a political storm has erupted with rampant finger... Read more
Landmark case in the making?
THE FIGHT FOR BUYERS’ RIGHTS JUST WENT UP A GEAR, THE OUTCOME AFFECTS ALL OF US BY Chris Prasad “Extension of Time”, or EOT, is fast becoming a profane term in the property industry, especially from the perspective of buyers who feel they have been robbed of their basic... Read more
Management bodies: Dealing with the power struggle
BY National House Buyers Association The Strata Management Act 2013 was designed to clear up several crucial issues in the current law, especially with regard to responsible governance. In a previous article, we highlighted the Strata Management Act, 2013 (SMA) Act 757, discussing what management body and management committee... Read more