indepth

Property Chat: BTS 10:90 is not BTS

In the absolute BTS system, developers can only sell finished products that are ready for buyers to occupy, as opposed to the conven­tional sell-then-build (STB) system, where buyers pay 10% of the house price, followed by progressive payments as the developers build.

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Abandoned projects: When will preventive action be taken?

Datuk Chang Kim Loong: The grave injustice to innocent house buyers is to end up being victims of abandoned housing projects. It is a traumatic experience to have placed your entire savings to own a home, only to discover the house will never get completed, and worse, you still have to service the bank loan.

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6 things to note before you renovate your house

The gist of renovation refers to varying the original design of the existing habitat or housing unit either by addition, omission, or a combination of both. Some common examples are kitchen extension, adding a bedroom upstairs, a study downstairs, widening the living area, etc.

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Renovation: Get it right from the start

As common as this practice is though, excessive and indiscriminate renovations, approved or otherwise, make the whole neighbourhood appear disjointed, incongruous, uncoordinated, disharmonious and even at odds with the house next door, and as a result, the value of these properties suffer

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False declaration a serious offence

The basic purpose for a statutory declaration is to obtain confirmation of execution of any deed, written instrument or allegation or proof of debt which would otherwise be too impossible to prove. In other words, it is to provide written proof to confirm something either too tedious or impossible to verify

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