ZADC
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
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
Ensuring a smooth transition to JMB or MC
BY The National House Buyers Association Here is the biggest question when it comes to the ownership of a stratified property: How you can make sure your management works for, and not against you? Section 15 of the Strata Management Act, 2013 (Act 757) (SMA) was drafted with 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
M’sia has ‘excellent’ house price time series, says research firm
Malaysia is among the ex-British colonies including Hong Kong and Singapore to have good house price statistics, according to residential property investment research firm Global Property Guide (GPG). It said Malaysia, Hong Kong and Singapore all have “excellent” house price time series, the best being Hong Kong where the... Read more
HBA’s lawsuit obtains greenlight
BY Roznah Abdul Jabbar Lawyers of the National House Buyers Association (HBA) have been granted the ‘leave of court’ to pursue the legal action against the Minister of Urban Wellbeing, Housing and Local Government (KPKT) and Controller of Housing (CH). The lawyers, who have volunteered to represent buyers who... Read more
HBA takes legal action against KPKT
BUYERS OF PALACE COURT SUFFERED A DELAY IN THE DELIVERY OF THEIR HOMES AND THE GRANTED E.O.T. WILL NOW EXTINGUISH THEIR COMPENSATION RIGHTS, SAYS HBA   BY Roznah Abdul Jabbar  The National House Buyers Association (HBA) has declared that it will be pursuing legal action against the Ministry of... Read more