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Build then Sell (BTS)
Page 06
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Extend facility to all buyers 14/02/2006
NST
By CHANG KIM LOONG, National
House Buyers Association
WE applaud the new loan scheme to exempt civil servants who are victims of
abandoned housing projects from having to service the interest on their
first loan and having regular "pay deductions" against their loan, to ease
their financial burden.
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Rumah : Segera laksana konsep bina, jual 18/02/2006
Utusan Malaysia
Naib Presiden NHBA, Brig. Jen. (B) Datuk Goh Seng Toh berkata, mengambil
kira laporan Bahagian Pengawasan dan Penguatkuasaan, Kementerian Perumahan
dan Kerajaan Tempatan yang menyaksikan sebanyak 227 projek bernilai lebih
RM7 bilion terbengkalai pada 2004, maka konsep `beli dan jual' serta formula
10:90 perlu dilaksanakan segera bagi melindungi pembeli.
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'Give
house buyers a choice' 20/02/2006 New Straits Times
KUALA LUMPUR, Sun. - House buyers should have a choice when it comes to
housing delivery systems in the country.
The Real Estate and Housing Developers’ Association (Rehda) feels it is not
viable to only have the "build then sell" system, a Press conference here
heard yesterday.
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Bar Council okays
build-then-sell
25/02/2006 New Straits Times
HOUSE buyers can look forward to quicker delivery, better protection for
their investments and improved quality should the country adopt the 10:90
Build-Then-Sell (BTS) model of housing delivery, says the Malaysian Bar
Council.
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Build-then-sell concept paper ready
29/03/2006 The Star
A PAPER on the build-then-sell concept for houses has been completed and
will be presented to the Cabinet soon, Housing and Local Government Minister
Datuk Seri Ong Ka Ting said.
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Konsep jual rumah siap ke
Kabinet
30/03/2006
Berita Harian
KERTAS cadangan mengenai konsep 'bina kemudian jual' bagi semua projek
perumahan akan dibentangkan untuk pertimbangan Kabinet dalam masa terdekat,
kata Timbalan Menteri Perumhan dan Kerajaan Tempatan,Datuk Azizah Mohd Dun.
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'Rescuers' sought for abandoned projects 30/03/2006 New Straits Times
At a Press conference in the Parliament lobby, Azizah said
the ministry had completed its research on the concept and would present
the findings to the Cabinet next month.
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Build-and-sell
concept is better
19/04/2006 blog.thestar.com.my
By
S.H. Huang
THERE are several reasons why the build-and-sell concept should be adopted.
First, the implementation of the concept will ensure that only genuine
housing developers will be in the industry. Incapable ones will not dare
venture into it.
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Build-then-sell debate continues
27/04/2006 The Sun
PETALING JAYA: Small and medium-sized housing developers
say implementing the build-then-sell model would jeopardise the housing
targets set under the Ninth Malaysia Plan (9MP).
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Protect buyers of abandoned projects first: Association
09/05/2006 The Sun
PETALING JAYA: House buyers laud the
government's move to consider extending the housing defects liability
period from 18 to 36 months, but feel there are also other pressing issues
that deserve attention as well.
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Build-Then-Sell will benefit
builders too 13/05/2006 NST By Andrew Wong
THE National House Buyers Association (HBA) is not one-sided in its push
for the Build-Then-Sell (BTS) system to ultimately be the country's only
method of housing delivery as it is also strongly lobbying for changes to
the existing development framework, which would benefit private
developers. Among the recommendations it has made to the Government is the
lowering of premiums for land conversion, which would lessen their holding
costs as well as the setting up of a one-stop centre so developers can
shorten the time taken for development approval to within six and nine
months.
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Give us a
new payment system
19/05/2006 NST By Chang Kim Loong, Secretary-General, National House
Buyers Association
WE refer to "Dream homes now nightmare" (NST, May 15). We sympathise with
the buyers of Diamond Creek Country Retreat. This tale is an
all-too-familiar one heard everywhere.In fact, thousands of house buyers are
suffering in silence after paying for houses that have been abandoned by
developers for various reasons.
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Pushing for change
27/5/2006
NST-Prop
A look at Housing Minister Ong Ka Ting's concerns about whether the
Build-Then-Sell system is good for the country
The latest news on whether the Build-Then-Sell (BTS) method of housing
delivery will be adopted in the country is that Housing and Local Government
Minister Datuk Seri Ong Ka Ting's working paper on it has been finalised for
presentation to the Cabinet. However, no mention has been made on when this
will be.
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More laws doesn't mean
less abandoned projects
27/5/2006
NST-Prop
By National House Buyer's Association
f you look at the number of abandoned projects that littered the country
last year, you'll see that it's on the rise again. Just imagine, within a
year, the cancer has grown by 34 to 261!
In our article, "Are the authorities blind to victims of abandoned
projects?" (NST-Property, April 15, 2006), we showed the two different
sets of data provided by the Housing Ministry: That for the year ending 2002
and for the year ending 2004.
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Govt Nod For 'Build And Sell' Housing Concept - Najib 22/06/2006
Bernama
PUTRAJAYA, June 22 (Bernama) -- The Government has agreed
in principle to introduce the "build and sell" housing concept, with the
housebuyers required to pay 10 per cent deposit and the balance 90 per cent
to be paid after the houses are completed.
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Package of perks for build-then-sell
23/06/2006 The Star
PUTRAJAYA: A package of incentives is being offered to housing developers
who adopt the build-then-sell concept, which was approved in principle by
the Government yesterday. The incentives include fast-track approval for
their projects, doing away with the RM200,000 deposit for every licence
developers apply for, and developers be allowed to build medium-cost houses
instead of meeting the low-cost housing quota in certain localities.
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Kerajaan kaji konsep ‘bina dan jual’ rumah 23/06/2006
Berita Harian Oleh Kadir Dikoh dan Shamshul Azree Samshir
PUTRAJAYA: Kerajaan sedang menimbang untuk mewajibkan pemaju perumahan
menjual rumah hanya selepas ia siap sekurang-kurangnya 90 peratus, bagi
memberi lebih perlindungan kepada pembeli serta mengelak projek terbengkalai,
kata Datuk Seri Najib Razak.
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Jual
rumah selepas siap 23/06/2006
Harian Metro
PUTRAJAYA: Tempoh dua tahun diberikan kerajaan untuk
melihat keberkesanan sistem pembinaan rumah menerusi konsep bina dan jual
yang boleh mengatasi masalah projek terbengkalai hingga membebankan pembeli
Timbalan Perdana Menteri, Datuk Seri Najib Razak, berkata ini bagi memberi
peluang kepada pemaju untuk memilih sistem sedia ada iaitu menerusi bayaran
berjadual atau konsep baru, selain mengelak kontraktor kecil dan sederhana
‘gulung tikar’.
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Konsep 'bina dan jual' untuk pemaju besar - Najib 23/06/2006
Kosmo
PUTRAJAYA - Kerajaan semalam bersetuju melaksanakan konsep
'bina dan jual' bagi projek perumahan, namun ia mungkin hanya diwajibkan
terhadap syarikat pemaju besar.
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10/90
Nod for build-then-sell housing concept 23/06/2006 New Straits Times
PUTRAJAYA: Houses in certain development projects will be built first before
being sold, under the much-awaited "build-then-sell" (BTS) concept agreed to
by the Government yesterday.
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Bina dan jual dilulus
23/06/2006
Utusan Malaysia
PUTRAJAYA 22 Jun - Kerajaan hari ini bersetuju memperkenalkan pembinaan
projek perumahan menggunakan konsep 'bina dan jual' yang hanya memerlukan
para pembeli membayar pendahuluan 10 peratus harga jualan dan bakinya
dilunaskan selepas rumah siap.
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Bina dan jual perkukuhkan industri hartanah negara
23/06/2006
Utusan Malaysia
KUALA LUMPUR 23 - Jun Konsep bina dan jual dalam melaksanakan projek
pembangunan kediaman bakal mewujudkan persekitaran daya saing yang tinggi
dan menyediakan industri tempatan ke arah proses globalisasi.
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Rehda
sambut baik konsep baru jual rumah
24/06/2006
Utusan Malaysia
KUALA LUMPUR 23 Jun - Persatuan Pemaju Hartanah dan Perumahan Malaysia (Rehda)
Malaysia hari ini menyambut baik langkah adil kerajaan yang memutuskan untuk
memperkenalkan konsep ‘bina kemudian jual’ atau lebih dikenali sebagai
konsep 10:90, selari dengan skim bayaran berperingkat yang sedia ada.
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Konsep 'bina dan jual' disokong
24/06/2006
Utusan Malaysia
KUALA LUMPUR 23 Jun - Keputusan kerajaan memperkenalkan
konsep 'bina dan jual' dilihat sebagai satu elemen yang bakal menyelamatkan
pengguna daripada risiko rumah terbengkalai.
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Konsep bina dan jual bela pembeli rumah
25/06/2006
Utusan Malaysia
PENGUMUMAN Timbalan Perdana Menteri, Datuk Seri Najib Tun
Razak pada Khamis lalu mengenai keputusan kerajaan dalam meluluskan cadangan
konsep bina dan jual bagi pembinaan rumah membuat para pembeli kini boleh
menarik nafas lega.Melalui konsep tersebut, nasib pembeli sekurang-kurangnya
terbela kerana hanya perlu membayar deposit sebanyak 10 peratus daripada
harga belian dan kemudian menandatangani perjanjian jual beli dengan pemaju.
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A choice of
how to build houses
26/06/2006 The Sun
IT is good that the government has agreed in principle to introduce
the build-then-sell concept for the housing industry since it will
give buyers choice.
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Build-then-sell the way ahead
29/06/2006 The Sun By SM.
Mohamed Idris, President
With
Government’s approval in principle of the implementation of the
"build-the-sell" (BTS) concept, certain projects will be built first
before they are sold. House buyer
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More work needed on
build-then-sell 04/07/2006 www. theedge.daily By Au Foong Yee
The government’s offer of incentives to developers who embrace the 10:90
build-then-sell scheme is to be lauded.
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Ong:
'Build And Sell' Concept Won't Push House Prices Up
06/07/2006
Bernama
KUALA KRAI, July 7 (Bernama) -- The implementation of
the 'build and sell' concept will not raise the price of houses, says
Housing and Local Government Minister Datuk Seri Ong Ka Ting, Thursday.
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Advantages to build-first 07/07/2006 The Star
Housing and Local Government Minister Datuk Seri Ong Ka
Ting said developers who chose this new concept would enjoy several
incentives, including exemption from paying the RM200,000 deposit and
stamp duties to the Government.
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Build-and-sell houses dearer
06/07/2006
NST
KUALA LUMPUR, July 5 (Bernama) -Houses will cost more
under the build-and-sell concept compared with the present
sell-and-build concept due to the higher production cost and the risks
involved, said Deputy Housing and Local Government Minister Datuk Azizah
Mohd Dun.
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Pembeli penentu kejayaan konsep bina dan jual 08/07/2006
Berita Harian
JUAL dan bina atau bina dan jual. Konsep mana satu yang
sepatutnya dipilih? Bagi syarikat pemaju hartanah, sudah tentunya mereka
akan memilih konsep pertama kerana ia memihak kepada mereka.
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Build-and-sell incentives for developers being worked out 09/07/2006 The Star
KOTA KINABALU: Incentives for housing developers opting for the
build-and-sell concept are likely to be finalised within several months,
Housing and Local Government Minister Datuk Seri Ong Ka Ting said.
He said the incentives would take some time to be completed as some involved
amendments to the laws.
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Konsep bina, jual untungkan pembeli
09/07/2006
Berita Harian
RUMAH terbengkalai dan kes pemaju gagal menyiapkan projek mengikut jadual
mendorong kerajaan memperkenalkan konsep baru - bina dan jual - diharap
dapat melindungi hak pengguna.
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Chicken and egg quandary 13/07/2006 The Star Comment by Datuk Eddy Chen
The announcement by the Deputy Prime Minister on the Government’s decision
to adopt the 10:90 model for housing delivery alongside the existing
Sell-Then-Build model seems to have put paid to much of the controversy
surrounding the issue.
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Give
’em more, says HBA 15/07/2006 NST-PROP
Though the National House Buyers’ Association (HBA) is happy that the
Government is providing the nation’s private developers with stimuli to
encourage them to adopt the 10:90 Build-Then-Sell (BTS) mode of housing
delivery, it feels additional inducements are needed to make the system
really fly.
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Show support for BTS, banks urged
15/07/2006
NST-PROP
Banks and financial institutions in the country have
been urged to play a bigger role in supporting the Build-Then-Sell (BTS)
mode of housing delivery, now that the Government has approved the 10:90
variant of BTS to run in tandem with the existing Sell-Then-Build (STB)
system.
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Buyers will not become victims
30/06/2006
NST By A.J.A.R, Kuala Krai, Kelantan
THE sell-then-build housing concept, which
has been practised for decades and still continues, has benefited
housing developers and victimised many innocent and ignorant house
buyers.
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Buyers discover the devil's in the details
11/09/2006
NST By Chok Suat LIng
The system will be a boon for house buyers. Pay 10 per cent now and the
rest of the purchase price when the houses are completed. But the
mechanism to kick-start this is nowhere in sight, writes CHOK SUAT LING.
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Gov’t in talks with banks on 10:90 BTS system 12/09/2006 The Edge Daily By Alfean Hardy & Tho Li Ming
The government is in talks with Bank Negara and
financial institutions to implement the proposed 10:90 Build-Then-Sell
(BTS) mode of housing delivery, Housing and Local Government Minister
Datuk Seri Ong Ka Ting said.
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Banks must support build-then-sell concept: Housing
minister
13/09/2006
NST By Anna Maria Samsudin
BANKS must be prepared to lend more support to developers when the
build-then-sell concept kicks off next year, Housing and Local
Government Minister Datuk Seri Ong Ka Ting said.
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Fast-track approval for build-then-sell projects 26/09/2006
NST By Farrah Naz Karim
PUTRAJAYA: Applications for housing projects will be approved in four
months, beginning next year. However, this speedy Planning Delivery and
Land Development Process System will only benefit housing developers who
opt for the build-then-sell concept.
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Now
Time To Implement Build-And-Sell Concept, Ong Says 30/11/2006
Bernama
KUALA LUMPUR, Nov 30 (Bernama) -- The government's
decision to amend the Housing Development (Control and Licensing) Act
will encourage developers to adopt the build-and-sell concept, said
Housing and Local Government Minister Datuk Seri Ong Ka Ting Thursday.
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