The enactment of Section 33A of the Insolvency Act 1967 via the Insolvency (Amendment) Act 2023 marked a noteworthy transformation in Malaysia’s insolvency regime.

Figures on gross domestic product (GDP) provide a snapshot of the overall economic activity within a country by aggregating the value of all final goods and services produced.

DBKL’s new framework seems to centralise decision-making and sideline public voices, effectively shutting the public out of decisions that directly affect the liveability, heritage, and sustainability of their neighbourhoods.

With a gross development value of more than RM30 billion over 1,800 acres of land, Sunway Iskandar is one of the largest township projects in the country and comprises six precincts – The Lakeview, The Parkview, The Riverside, The Marketplace, The Seafront and The Capital. Each precinct is designed to be self-sustainable while offering a wide range of amenities.

Physical development in Kuala Lumpur must be balanced with social needs to ensure the city remains conducive and liveable for all generations, said Minister in the Prime Minister’s Department (Federal Territories) Datuk Seri Dr Zaliha Mustafa.  

Housing and Local Government Minister Nga Kor Ming recently revealed that the ministry is exploring a pay-per-use model for facilities in future affordable housing schemes.

The National House Buyers Association (HBA) is deeply concerned that the idea of a Housing Completion Guarantee Corporation (HCGS) should even be mooted at all, because it effectively means the loss from abandonments caused by runaway developers is to be incurred by the government from the coffers aka tax payers’ monies.

Rehda Institute has proposed a few solutions to addressing the distressing issue of abandoned housing projects. In our opinion, Rehda Institute is missing the forest for the trees.

After four years of uncertainty, 207 non-bumiputera homeowners in USJ One Park, Subang Jaya, Selangor, can finally breathe a sigh of relief as the Selangor government has agreed to waive a staggering RM15.32 million in penalty fees early this year.

The Malaysian property market is said to have performed exceptionally well in 2024, with the total value of property transactions hitting a record high at RM232.3 billion, and the total volume of property transactions reaching 420,545, regaining the momentum of 2011.