Help us stay competitive, say
industry bodies
10/12/2005
NST
Three industry associations have in a joint memorandum highlighted the
difficulties they face in six specific areas and have called on the
Government to "value our role" in stimulating and maintaining the nation's
economic growth.
"We have always valued our role" in the Government's efforts to achieve
economic growth, the Heal Estate and Housing Developers' Association (Rehda),
Associated Chinese Chambers of Commerce and Industry (ACCIM) and Malaysian
Association for Shopping and High rise Centre Management (PPK) in a
memorandum submitted to the National Economic Action Council (NEAC).
In order to encourage private sector and foreign investments in the property
sector, they said, the Government should consider their proposals in these
six areas "so that we can remain competitive and to ensure a more efficient
and effective delivery system".
These areas are:
Solicitors Remuneration Order 1991 and the No Discount Rule
Rehda, ACCIM and PPK want, among other things, the scale of fees charged by
lawyers to be standardized, with the maximum fee chargeable to be
prescribed. Professionals, they argue, should be allowed to negotiate their
final fees based on market and commercial considerations without
compromising their professionalism and duty of care to house buyers.
Survey fees for land surveyors
The Government should prevent the implementation of the upfront fee
proposals of land surveyors, as this fee would be passed on to the house
buyers.
REITs Guidelines on property management and the proposed amendments to
the Valuers. Appraisers and Estate Agents Act 1981
Property and building management should not be regulated by this Act.
Property owners, the three bodies argue, should be allowed to choose the
most suitable managers for their assets based on expertise and the
specialized services required for each property.
Private common areas in gated-and-guarded communities and proposed
amendments to the Strata Titles Act 1985
Urgent action is required to ensure that the necessary legislation is in
place as soon as possible whether in the form of amendments to the Strata
Titles Act or the drafting of a new law to resolve the existing lacuna in
the Act. This will facilitate new development concepts such as
gated-and-guarded communities and community schemes that involve the
management and maintenance of shared or private common properties.
Landlord's and tenant's rights
The Government should set up a special claims tribunal to hear and decide on
disputes between land- lords and tenants so that such issues can be settled
with greater efficiency.
The role of the tribunal, the three associations suggest, can be similar to
that of the Building Commission to be appointed under the amended Strata
Tiles Act or modeled after the Tribunal for Homebuyers Claims.
Illegal transfer of land and properties
In spite of the computerized 'and title registry system, hard copies of the
land title should continue to be issued to landowners and all dealings
should be recorded on hard copy as well.
Alternatively, the Land Office should be compelled to issue periodic state-
ments to the landowner, identifying the titles registered in his name for
his record, similar to that sent by Bursa Malaysia on the shares being held
In this way, the landlord may be able to alert the authorities on any
unauthorized dealings that he may suspect to have taken place under the
computerized land registry system.
December 2004 Guidelines on Foreign Participation in the Distributive
Trade
These Guidelines need to be reviewed in detail. Rehda, ACCIM and PPK want a
one-stop agency to process applications for alternative Uses of unoccupied
premises so as to make the process speedy and flexible.
They also called for electricity, water, sewerage and other utility rates
for the shopping centre sector to be lowered.
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