The REAL deal: Get MM2H right once and for all
Considering how evidently the pros outweigh the cons, the answer’s a no-brainer.
Considering how evidently the pros outweigh the cons, the answer’s a no-brainer.
It is incredible how an attempt to improve the Malaysian public housing model, which is totally outdated and no longer feasible, could be viewed in a negative light.
If we do not innovate and try new ideas, we can never make progress.
he excesses of the past decade, the borrowing binge fuelled by ultra-low interest rates and liquidity, are coming back to bite us, no doubt.
The great composer of unforgettable themes and songs of classic movies, Henry Mancini, has a house in Malibu’s La Costa Beach listed at US$11.6 million (RM52.3 million).
It is two-storey structure in a condo, that offers space and flexibility.
Imagine buying a two-storey condo unit in your ideal location and at your dream price. Yes, you are reading it ‘just right’ – it has two storeys, and it is called a duplex unit, that comes with extra space for you on the upper floor.
In reality, it is not just gloom and doom. There are office and retail centres that continue to enjoy high occupancies and this could be attributed to reasons such as their respective unique offerings like a strategic location, easy connectivity and profile of tenants. Last but certainly not least, providing a safe conducive working or shopping environment matters ant his is something that can only be achieved with top-in-class maintenance of the spaces.
There seems to be an ongoing attempt at circumventing the Federal Court decision –through invoking a different provision in the HDA to allow the authorities to again extend the deadline for delivery of vacant possession or move the goalposts, thereby denying the house buyers their rights to receive their houses on time as stipulated in the sale and purchase agreements, and correspondingly their rights to receive liquidated ascertained damages (LAD) for such delays.
Victims Malaysia (VM) had hoped that HBA would support the KPKT (Housing and Local Government Ministry) initiative as it benefits the purchasers and stimulates the current gloomy housing industry.
The Housing and Local Government Ministry (KPKT) has recently introduced an online platform called Housing Integrated Management System (HIMS), a single-entry system to replace the existing BLESS, IDAMAN and e-Pemaju, all of which are now rendered redundant (pun intended).