News about US

KOTA KINABALU (Jan 26): The Tanjung Aru Community Development Leader Unit (UPPM) has urged the Sabah Housing and Town Development Board (LPPB) to identify a nearby People’s Housing Project (PPR) for the Tanjung Aru Flat residents after the latter had informed them to vacate their homes due to safety reasons, reported by The Borneo Post.

KUCHING (Jan 23): Construction companies in Sarawak have been encouraged by Datuk Seri Abdul Karim Rahman Hamzah to tap into infrastructure development opportunities in East Kalimantan with the advent of Indonesia’s new capital, Nusantara, reported by Borneo Post Online Sarawak is in a good position to tap into the opportunity as Sarawak is located just next to Kalimantan, said the Minister of Tourism, Creative Industry and Performing Arts of Sarawak during a press conference on the launch of the Largest Sarawak Themed Mural Painting at the Borneo Convention Centre Kuching on Friday (Jan 21).

KUALA LUMPUR (Jan 13): HIL Industries Bhd received its shareholders’ approval at the extraordinary general meeting on Wednesday (Jan 12) to undertake residential development joint ventures (JVs) on five parcels of land in Sungai Buloh, Klang and Jugra in Selangor.

JOHOR (Jan 12): It is hoped that the public-private partnership (PPP) programme will be able to solve the unbuilt low-cost housing issue in Johor, says Real Estate and Housing Developers Association (Rehda) in a report by The Star.

KUALA LUMPUR (Jan 12): The property market, which was subdued last year, is expected to see moderate growth in 2022, in tandem with expected recovery of the global economy, said CBRE | WTW Group Managing Director, Foo Gee Jen during the media launch of the real estate consultancy’s 2022 Market Outlook Report at the Malaysia International Trade and Exhibition Centre on Tuesday (Jan 11) morning.

KUALA LUMPUR (Jan 11): The Ministry of Housing and Local Government (KPKT) has appointed 25 members to its Panel of Experts, comprising individuals and industry players with extensive experience in the housing sector.

KUALA LUMPUR (Jan 7): Lion Industries Bhd has proposed to acquire a sub-divided leasehold agriculture land in Sepang for RM23 million or RM6.

KUALA LUMPUR (Dec 23): Malaysian Pacific Industries Bhd (MPI) has entered into an agreement to invest in land for its new plant in Suzhou, China.

Do we honestly need new laws to purportedly “offer more protection” for house buyers when the existing ones are adequate? Do we lack laws or the will to enforce them?  Would amending the Housing Development (Control &Licensing) Act, 1966 (Act 118) and their related Regulations honestly solve the problem of abandoned housing project? There is nothing wrong with the current laws.

Last week, I presented the National House Buyers Association (HBA)’s: ‘tick where applicable” checklist to our newly minted Minister of Housing & Local Government, YB Datuk Seri Reezal Merican Naina Merican in my article published on Dec 11, 2021 entitled: ‘If I were the Housing Minister” I have since received positive feedback from my fellow volunteers, friends of HBA, industry players, stakeholders, civil servants, politicians from both sides of the divide and housing developers (of the decent and responsible variety).