Daily Industry News Update (14 February 2021)


Rail projects still on track

Contractors and project owners of rail projects in the country have taken measures to ensure work on these critical infrastructures will continue even in the face of the Covid-19 pandemic. Work on the East Coast Rail Link (ECRL) does not appear to be affected, following the sole

How buyers become victims of errant developers (part 1)

In December last year, it was reported on an online media that a cash purchaser’s house in Lunas, Kedah was auctioned off by the Financing Bank because the progress payments she made to the developer allegedly never reached the bank. When she sought to claim her single-

How property buyers can protect themselves (part 2)

The National House Buyers Association (HBA) has complained to the Minister and those under his charge about purchasers, especially cash purchasers becoming victims in losing their homes as a result of foreclosure proceedings taken against them by banks to recover loans

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