News about hba

Homeowners should have the freedom to decide on how to redevelop their housing schemes through "self-help" initiatives without being bound by the proposed draconian Urban Redevelopment Act.

If we are serious in ensuring houses are humanely affordable with similar facilities and amenities enjoyed by the wealthy, we need to address the root cause of why houses are so expensive, small, remotely located, and lacking in quality and amenities.

Should you embrace the flexibility of renting or invest in the long-term stability of homeownership? Is it more advisable to be cash-rich or asset-rich? To help you navigate this crucial financial decision, take a look at this general guide which breaks down the pros and cons of each option.

While HBA supports the tax relief for first home buyers, HBA feels that such an incentive should also be given to all existing homeowners with outstanding housing loans as this will benefit more rakyat which have been burdened for the past years.

The URA does not merely entail urban redevelopment of private land, but disturbingly, also postulates the possibility of “privatisation” and “commercialisation” of public land — land gazetted and reserved by state authorities for public purposes under Section 62 of the National Land Code (Act 56 of 1965) and land owned by the Federal Land Commissioner (PTP).

If there was any lingering doubt … it is now completely exonerated by the latest Federal Court decision, which endorsed the High Court decision and reinforced the developer's obligation to provide such utility facilities.

However, the offerors led by Leong intend to maintain the listing status of SMI on the Main Market of Bursa Malaysia.

The National House Buyers Association (HBA) has time and again highlighted the ramifications and repercussions that will affect the house owners’ rights and interests, should the URA be enacted without 100% consent from all homeowners.

Zamirzan also said that the URA will consider redevelopments for sick and abandoned projects, where homebuyers only have the sale and purchase agreements but not their strata titles.

The effectiveness of voicing your feedback, opinion or objection to proposed projects in your area can vary depending on a range of factors such as the specific context, level of community engagement and the nature of development, as well as the degree of responsiveness of key decision makers.