ZADC
Affordable housing requires diverse partnerships, says BNM
If Malaysia’s goal of delivering adequate affordable housing options to the Rakyat is to be attained, the country must foster more diverse collaborative partnerships to get the job done, says Bank Negara Malaysia (BNM). The central bank said that this would include the participation of a vibrant business community... 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
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
Strata Management Act: ‘Let there be light’
    BY The National House Buyers Association The Strata Management Act (SMA) though has received its Royal Assent on Feb 5, 2013 and gazetted on Feb 8, 2013 was inordinately delayed because of the governing Strata Management (M&M) Regulations as well as a host of other crossed referred... Read more
New India law boosts buyer protection
In a major move towards bringing transparency to the country’s real estate sector, the government has brought into force a much-awaited law to protect buyer interests. The act has taken the regulation of property developers and builders to a whole new level, greatly increasing buyer protection. Among other things,... 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
MBAM challenges steel  safeguard measures
BY Chris Prasad A government proposal to introduce safeguard measures on the import of steel products is meeting opposition from several quarters within the construction industry, most notably the Master Builders Association Malaysia (MBAM). MBAM argues that without the free flow of imports, the price of local steel bars... Read more
  BY Pavither Sidhu In the case of high-rises, one occupant’s failure to adhere to the waste separation regulation  could lead to a fine for all residents, warns Urban Wellbeing, Housing and Local Government Ministry (KPKT). Its minister Datuk Abdul Rahman Dahlan said that this could be implemented as... Read more
Building management board a bad idea?
  BY Roznah Abdul Jabbar The Board of Building Managers (BBM), which was proposed by the Ministry of Urban Wellbeing, Housing and Local Government (KPKT), may not be in the best interest of all industry stakeholders, says former director-general of the Valuation and Property Services Department (JPPH), Datuk Mani... Read more
PR1MA – a great plan but…
By: HBA (National House Buyers Association) PR1MA was promised by the government as its solution to the problem of (mostly) young people not being able to afford a decent house at current prices. They may be categorised as young married couples (some may have grown old waiting for something... Read more