Counter-checking crucial to quality
THE National House Buyers
Association of Malaysia foresees many pitfalls if the certification of
residential buildings for the issue of the Certificate of Fitness for
Occupation (CF) is implemented without a thorough study.
Self-certification or self-destruction?
SINCE Prime Minister Datuk
Seri Abdullah Ahmad Badawi made the call for Certificates of Fitness for
Occupation (CFs) of completed housing units to be issued by professional
consultants working on these projects instead of by local councils as is
currently the case, two distinct opinions have been formed.
Housing Minister to the
WHEN a housing development project fails, everyone
in Malaysia suffers. Individual buyers tend to
suffer in terms of broken dreams, time wasted, fees
paid, being stuck with an end-financing loan, losing
a portion of their Employees' Provident Fund savings
- and, on top of all this, have nothing to show.
In the name of speed
THIS week, the HBA rebuts
arguments supporting self-certification of completed housing units from the
Association of Consulting Engineers Malaysia and Persatuan Akitek Malaysia,
and reiterates the problems and its fears.
The Baiting Game
The banking system is
flushed with RM140 billion liquidity. This explains the increasingly
aggressive sales promotions undertaken by financial institutions for the
Investment in knowledge pays the best interest
08/01/2005 The Sun
For many people, purchasing a home could well be the
most important financial decision of their lives.
Sinking fund reality check
HISHAM has been living in a condominium he
purchased eight years ago.
Banking on interest
AT one of our `Meet the Public' session, a group of
terrace-house buyers came in with a problem.
CFs must prevail
TWO distinct schools of
thought have emerged since Prime Minister Datuk Seri Abdullah Ahmad Badawi
made the call for Certificates of Fitness for Occupation (CFs) for completed
houses be issued by the professional consultants working on these projects
instead of by local councils, as is currently the case.
Striking a compromise
THE National House Buyers
Association says the impending certification of housing by professionals
instead of by the Government might work if .
A 30-year shame
Delays on the part of
property developers in obtaining strata titles for subdivided buildings have
remained the biggest problem faced by house buyers for the fourth year
running, a recent study by the National House Buyers Association (HBA) has
There are many reasons why people make their homes in condominiums.
Swayed by guaranteed returns?
CALL them what you like -
leasebacks, buy-to-let, cash back, own-for-free - developers have come up
with creative plans to woo investors with guaranteed rental returns (GRRs)
on yet-to-be-built properties.
Pillory the rogue
The clamour for
transparency in Government since the Approved Permit for vehicles fiasco
broke out several months ago should have taught the Ministry of Housing and
Local Government some lessons, considering that it had received so many
pleas from aggrieved house buyers for such a long time.
Empowering house buyers
A victory has been won in
getting names of errant developers posted on Housing Ministry's website
Consumers today have various forms of protection when they make purchases,
whether these are electrical appliances or motor vehicles.