Malaysian Law on Housing Development, 4th Edition

The purchase of housing accommodation is generally the most significant financial undertaking by many Malaysians. The decision taken has long-term effect in the form of a big housing loan commitment that the purchaser takes many years to settle. Many even resort to using their EPF savings to cover all or part of the purchase price. It is thus very important for those who have made or are about to make a property purchase to know all their rights and obligations well.

This new edition of Malaysian Law on Housing Development, written by an author well-regarded in this area of law, makes available to property purchasers and their advisers a convenient and complete reference book presented in easy-to-understand language.

Consideration is given to the new statutory changes affecting this area, including amendments brought about by the Housing Development (Control and Licensing) (Amendment) Act 2007 and the Housing Development (Control and Licensing) (Amendment) Regulations 2007 as well as the self-certification system introduced by the Street, Drainage and Building (Amendment) Act 2007. New case law which interpret and apply the housing development legislative scheme to real life property purchase situations are set out to facilitate understanding of the workings of the law.

Lawyers, real estate professionals, legal counsel in property companies and property purchasers will learn about the following and much more from this book:

• Protection of property purchasers
• Licensing of developers
• Obligations of developers
• Standard sale and purchase agreement
• Effect of payment of booking fee
• Self-certification system
• Delivery of vacant possession
• Delay and claim for liquidated damages
• Supply of water and electricity to property
• Defects and rights of purchasers
• Tribunal for Homebuyer Claims and procedure to make claim

Readership
Lawyers, real estate professionals, legal counsel in property companies and property purchasers