HDA 1966 Episode 4: Your Rights for Latent Defects Claim
In our previous article, we have shared on important clauses in the Sale and Purchase Agreement (SPA) that you have to know as a homebuyer. One of the clauses is on Defects Liability Period (DLP) in which the developer is responsible for defect for a certain period of time after vacant possession (VP). Today, we […]
HDA 1966 Episode 3: Calculating Liquidated Ascertained Damages (LAD) for Late Delivery of Vacant Possession (VP)
When it comes to housing development projects, the time of delivery of vacant possession (VP) is crucial as the purchasers anticipate to obtain their house keys in time. It is the developer’s duty to complete the housing development project within the stipulated timeframe. As stated previously, the period of delivery of VP for HDA property […]
HDA 1966 Episode 2: 5 IMPORTANT SPA Clauses you need to know before signing the agreement
In our previous article, we have discussed on what is Housing Development Act 1966 (HDA 1966) and its Sale and Purchase Agreement (SPA). As we are all aware that the SPA under HDA 1966 is a scheduled agreement under the Act, we should also know the important clauses of such SPA. Today, we will share […]
HDA 1966 Episode 1: What is HDA and SPA?
Have you ever considered purchasing your own property in Malaysia? Do you intend to purchase a new-under-construction house developed by developers? If YES, this article is meant for you. In Malaysia, the main law that governs housing development is the Housing Development (Control and Licensing) Act 1966 (Act 118) (HDA 1966). This Act aims to […]
Mortgage Loan Repayment Settled! What’s Next?
Very often we hear people securing home loan to purchase a property, but little knew on the procedures that one needs to know once payment of home loan has been made in full. Sit back and read up as we will share with you some knowledgeable insights for you to hold on to in this […]
Top 5 Tips You Should Know Before Buying a Property
We have gathered some great tips for you as a checklist before making the best decision to purchase your very own property; be it your dream home or your future investment. Do read up and enjoy! Intention So basically what is your intention of purchasing a property? Is it for your own occupation or simply […]