Buying a house isn’t easy, especially with the sky-high prices these days and naturally, you would want to make sure that the housing project you have chosen goes smoothly. This is why it’s important to ensure that the developer of your dream house is legit and above board because if anything goes wrong, the buyer is often left in the lurch.
There are legal measures that can be taken if you have the bad luck of choosing an unreliable developer but ultimately, you should do your research to make sure that you have chosen the right housing developer. That’s because if the housing developer abandons the project and runs off with the money, you can stand to lose a lot of money as the project may be delayed or stopped.
However, to prevent this from happening, the Ministry of Housing and Local Government has provided a list of blacklisted housing developers in Malaysia so that buyers can check which developers are legit. The four lists in the website consist of unlicensed developers for private housing projects, developers who defied the Tribunal for Homebuyer Claims (TTPR), developers who failed to pay their compounds and developers involved in abandoned housing projects. These lists are updated up until September 10, 2020.
1. Unlicensed developers for private housing projects
2. Developers who defied the Tribunal for Homebuyer Claims (TTPR)
3. Developers who failed to pay their compounds
4. Developers involved in abandoned housing projects
Remember to do your research so you don’t accidentally buy a bad housing project and suffer a loss. For more information, you can visit the Ministry of Housing and Local Government’s website here.
“I received two compounds” Najib Calls Out Tun M For Flouting SOPs
Just about a week ago, former Prime Minister, Datuk Seri Najib Tun Razak received RM3,000 worth of compounds for failing...
KKM: Malaysia Reports One Death From Indian Covid-19 Variant Sublineage
Yesterday (12 May), Malaysia recorded one death from a foreigner who was infected with the B.1617.2 variant, a sublineage of...
“No Special Treatment For VIPs Or Celebrities Who Violate SOPs” Says Ismail Sabri
The issue of standard operating procedures (SOPs) has always been a hot topic among Malaysians with many questioning the enforcement...
MCO 3.0: Here’s A List Of PDRM Roadblocks In KL & Putrajaya So Far
In conjunction with the first day of Hari Raya, PDRM is mounting 13 roadblocks around Kuala Lumpur and Putrajaya to...
Indonesian Woman Caught Trying To Cross State Borders By Hiding In Car Boot
An undocumented Indonesian woman living in Nilai, Negeri Sembilan was arrested after being caught by the police for attempting to...
News22 hours ago
19yo Girl Compounded RM5k For Inter-District Travelling To Attend Job Interview With BF
News24 hours ago
M’sian Student Murdered & Thrown From 26th Floor Of Condo Over Debt & Drug Sales
News23 hours ago
Penang Brothel Puts Up ‘Closed’ Sign But Secretly Takes Customers In Through Back Door
Social Stories23 hours ago
Single Mother In Johor Sells Nasi Lemak To Raise Son After Husband Passes Away In SG