ZADC
BCI Asia puts LBS Bina on its Top 10 list
TOWNSHIP DEVELOPER RECEIVES THIRD RECOGNITION FOR ITS SUSTAINABLE PRACTICES AND DESIGNS FROM BCI ASIA AWARDS 2018 Echoing a prevailing national sentiment towards building sustainable communities and townships, LBS Bina Group Berhad (LBS) was recently saluted alongside some the country’s top property giants at the BCI Asia Awards 2018 –... Read more
Return of the mandatory BTS saga
THE  ON-AGAIN-OFF-AGAIN PROPOSED MANDATORY SYSTEM IS BEING RESURRECTED AND CHAMPIONED BY NEW KPKT BOSS ZURAIDA BY Roznah Abdul Jabbar After almost two decades of discussions, debates and flip-flops on legislation, the matter of implementing a mandatory build-then-sell (BTS) system could be back on the plan. Last week, the Ministry of... Read more
Affordable housing carnival starts today!
HEAD DOWN TO SHAH ALAM CONVENTION CENTRE FOR GREAT ‘MAPEX 2017’ DEALS THIS WEEKEND The Shah Alam Convention Center (SACC) in Selangor will host the first collaborative property expo between The Real Estate and Housing Developers Association Malaysia (Rehda) and the Ministry of Urban Wellbeing, Housing and Local Government... Read more
Affordable extravaganza at Mapex 2017
If you still think the private and government sectors should make a more concerted effort to provide affordable housing to the masses, then the latest Malaysia Property Expo (Mapex) from Aug 11 – 13 will hold a special surprise for you. The Real Estate and Housing Developers’ Association (Rehda)... Read more
KPKT says 1,450 families benefited from RTO scheme
HOWEVER QUESTIONS PERSIST ABOUT WHO EXACTLY HAS BENEFITED A recent sitting of parliament saw questions being raised about the state of effectiveness of the rent-to-own (RTO) scheme under the People’s Housing Project (PPR) programme. In response, Dewan Rakyat was told that 1,450 families have already benefited from the RTO.... 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
KPKT to strengthen Strata Management Act
Urban Wellbeing, Housing and Local Government (KPKT) Minister Tan Sri Noh Omar announced that provisions under the Strata Management Act 2013 will soon be reviewed to require housing developers to settle all liabilities before handing over the apartments to Joint Management Bodies (JMBs). Noh said this is important since... Read more
HBA takes on battle for aggrieved buyers
BY Roznah Abdul Jabbar The National House Buyers Association (HBA) is all geared up to take on one of the most important legal battles between homebuyers and the authorities. The association declared that it will be pursuing legal action against the Controller of Housing (COH) under the Ministry of... Read more
RM20m allocated for abandoned  housing revival
The government has allocated RM20 million to revive abandoned private sector low and medium cost housing projects next year, Bernama reported. Deputy Urban Well-being, Housing and Local Government Minister Datuk Halimah Mohamed Sadique said the allocation would be given to developers to rescue abandoned projects which were not completed... Read more
BTS could solve issues of abandoned housing
One of the biggest challenges faced in the property industry today is the issue of abandoned housing projects, and the Build-Then-Sell (BTS) scheme could help in handling it, said Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar. Speaking at the opening ceremony of Malaysia Property Exposition... Read more