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Build then Sell (BTS)
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Pros and cons of build then sell
26/12/2000 MM
UNDER the "sell then build" (STB) concept, a businessman can
become a developer almost overnight, by
acquiring land.
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Build first, then sell policy mooted for houses 20/04/2001 Malaysia Kini
National House Buyers
Association
The government has been urged to implement a 'Build first then sell'
concept - where developers can sell their properties only after they are
fully-built- to overcome numerous complaints by disgruntled home buyers
relating to abandoned housing projects.
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Build-then-sell works for Bandar Utama
19/11/2001 www. theedge.daily By Audra Jeyaraj
Build then sell or sell then build? This is a question
property developers have asked themselves for decades now. For Bandar
Utama Development Sdn Bhd, the developer of Bandar Utama, the
build-then-sell concept has worked out well.
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No
to build then sell 21/09/2002
NST-PROP By Eileen Ng
The build then sell concept is not applicable in Malaysia now as the
country’s property market has yet to mature and there is still strong
demand for housing, said Real Estate and Housing Developers’ Association (Rehda)
president Datuk Jeffrey Ng.
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Model for compromise 21/09/2002 NST-PROP
By
National House Buyers
Association
A system that has been practised over a long period of time
eventually becomes the accepted norm in a society.
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Rethinking our delivery system
21/09/2002
NST-PROP
By National
House Buyers Association
The property industry’s decades-old practice of “selling
off-the-plan” passes the financial burden that ought to be borne by
developers squarely on house buyers.
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The plus points
21/09/2002
NST-PROP
By National House Buyers
Association
It is an age-old tenet of business practice that businessmen
have to shoulder the capital for whatever activities they undertake. More
significantly, they also have to carry the risk of either success or
failure. However, the property industry appears to be the only exception to
this well accepted and universal tenet.
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A
step closer to build then sell 17/12/2002 www. theedge.daily My Space:By Kumar
Tharmalingam
Many years ago, Datuk Seri Dr Mahathir Mohamad said
that a measure of his success as a leader in a multi-racial country was
that none of the three major communities was satisfied with his
performance. And that if one community was completely satisfied, he was
not doing a good job as prime minister. The Housing Development (Control
& Licensing) (Amendment) Act 2002, effective Dec 1, 2002, was hailed by
consumer groups and house buyers associations as a step in the right
direction. Housing developers on the other hand, have expressed alarm
and concern over certain provisions they fear could open a
Pandora’s box of nasty, petty litigants.
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Build first, sell later 20/12/2002 The Star
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