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
Pessimism lingers among Malaysian developers
CAN THE UPCOMING BUDGET 2018 PROVIDE IMPETUS TO LIFT SPIRITS? Remember how market players were more optimistic about 2017 back in 2016? Well, things evidently haven’t panned out as planned and this has soured the overall mood considerably. If ever there was a sign that developers remain jittery about the... 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
MAPEX to focus on connected and affordable living
The largest property exposition in Malaysia is back, and this time it is paying attention to the key elements that are driving home buyer demand: affordability and convenient connectivity. Carrying the theme “Greater Connectivity for Better Affordable Living”, the expo organised by the Real Estate and Housing Developers’ Association... 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
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
Another year of  ‘cautious optimismʼ
BY Roznah Abdul Jabbar While some property experts see a recovery in the market in 2017, many others still expect it to remain passive. Industry experts opined that the market, especially the residential sector, will stay flat, saying the market condition will be good as long as it does... Read more
Rehda: Best time to buy in Johor
Bucking mainstream opinion, the Real Estate and Housing Developers Association (Rehda) has come out to say that there is no better time to buy in Johor than now. Despite the ongoing economic uncertainties that have slowed the property market in the southern state, the association points out that many of... 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
Mapex does its bit to promote home ownership
The Malaysia Property Exposition (Mapex), deemed one of the most well-known property expositions locally, made its final series in Klang Valley from Oct 21-23 at the Mid Valley Exhibition Centre. Themed “Home Ownership Through Smart Financing”, Mapex 2016 features various property selections and attractive financing packages, said Datuk Ng... Read more