Section 33A of Insolvency Act 1967: Compassion or compromise of creditor rights?
The enactment of Section 33A of the Insolvency Act 1967 via the Insolvency (Amendment) Act 2023 marked a noteworthy transformation in Malaysia’s insolvency regime.
HBA: DBKL new planning rules and URA could reshape KL—for the worse
DBKL’s new framework seems to centralise decision-making and sideline public voices, effectively shutting the public out of decisions that directly affect the liveability, heritage, and sustainability of their neighbourhoods.
Redevelopment of low-density KL flats to 3,605-unit condo turns minister’s statements to empty rhetoric—HBA
Physical development in Kuala Lumpur must be balanced with social needs to ensure the city remains conducive and liveable for all generations, said Minister in the Prime Minister’s Department (Federal Territories) Datuk Seri Dr Zaliha Mustafa.
Abandoned housing: Why Housing Completion Guarantee System is a bad idea
The National House Buyers Association (HBA) is deeply concerned that the idea of a Housing Completion Guarantee Corporation (HCGS) should even be mooted at all, because it effectively means the loss from abandonments caused by runaway developers is to be incurred by the government from the coffers aka tax payers’ monies.
Abandoned housing: Rehda’s solutions missing the forest for the trees
Rehda Institute has proposed a few solutions to addressing the distressing issue of abandoned housing projects. In our opinion, Rehda Institute is missing the forest for the trees.
Selangor sets precedent, waives penalties for unwitting purchase of bumi lots, but prevention still lacking
After four years of uncertainty, 207 non-bumiputera homeowners in USJ One Park, Subang Jaya, Selangor, can finally breathe a sigh of relief as the Selangor government has agreed to waive a staggering RM15.32 million in penalty fees early this year.
Blacklisting not a cure for late, sick and abandoned housing projects
It was recently reported that the Housing and Local Government Ministry (KPKT) has blacklisted 109 “errant developers” and their boards of directors.
E-invoicing for JMB, MC, RA: an unnecessary burden that needs re-consideration
According to the Inland Revenue Board of Malaysia (IRBM), the e-invoicing mandate applies to all individuals and legal entities, including associations and bodies of persons.
How Urban Renewal Act proposals contravene Federal Constitution
The Urban Renewal Act (URA) is set to be presented in Parliament next month. Among its contentious proposals is an 80% consent threshold for properties of 30 years old and a 75% threshold for properties over 30 years old. This means that a property could be compulsorily redeveloped even if 20% or 25% of owners oppose it.
Shouldn’t stratified properties enjoy lower assessment rates by DBKL?
In recent developments, Kuala Lumpur City Hall (DBKL) is contemplating an increase in assessment tax rates, following the Selangor state government's 25% hike effective from January this year. This move has raised concerns among residents, who are calling for greater transparency and financial accountability from DBKL before any rate adjustments are implemented.
