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Build then Sell (BTS)
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Extend facility to all buyers
14/02/2006 NST By CHANG KIM LOONG, National House Buyers Association
WE applaud the new loan scheme to exempt civil servants who are victims
of abandoned housing projects from having to service the interest on their
first loan and having regular "pay deductions" against their loan, to ease
their financial burden.
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Rumah : Segera laksana konsep bina, jual
18/02/2006 Utusan Malaysia
Naib Presiden NHBA, Brig. Jen. (B) Datuk Goh Seng Toh berkata, mengambil
kira laporan Bahagian Pengawasan dan Penguatkuasaan, Kementerian Perumahan
dan Kerajaan Tempatan yang menyaksikan sebanyak 227 projek bernilai lebih
RM7 bilion terbengkalai pada 2004, maka konsep `beli dan jual' serta formula
10:90 perlu dilaksanakan segera bagi melindungi pembeli.
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'Give house buyers a choice'
20/02/2006 New Straits Times
KUALA LUMPUR, Sun. - House buyers should have a choice when it comes to
housing delivery systems in the country. The Real Estate and Housing Developers’
Association (Rehda) feels it is not viable to only have the "build then
sell" system, a Press conference here heard yesterday.
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Bar Council okays build-then-sell
25/02/2006 New Straits Times
HOUSE buyers can look forward to quicker delivery, better protection for
their investments and improved quality should the country adopt the 10:90
Build-Then-Sell (BTS) model of housing delivery, says the Malaysian Bar
Council.
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Build-then-sell concept paper ready
29/03/2006 The Star
A PAPER on the build-then-sell concept for houses has been completed and
will be presented to the Cabinet soon, Housing and Local Government Minister
Datuk Seri Ong Ka Ting said.
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Konsep jual rumah siap ke Kabinet
30/03/2006 Berita Harian
KERTAS cadangan mengenai konsep 'bina kemudian jual' bagi semua projek perumahan
akan dibentangkan untuk pertimbangan Kabinet dalam masa terdekat, kata Timbalan
Menteri Perumhan dan Kerajaan Tempatan,Datuk Azizah Mohd Dun.
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'Rescuers' sought for abandoned projects
30/03/2006 New Straits Times
At a Press conference in the Parliament lobby, Azizah said the ministry
had completed its research on the concept and would present the findings
to the Cabinet next month.
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Build-and-sell concept is better
19/04/2006 blog.thestar.com.my By S.H. Huang
THERE are several reasons why the build-and-sell concept should be adopted.
First, the implementation of the concept will ensure that only genuine housing
developers will be in the industry. Incapable ones will not dare venture
into it.
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Build-then-sell debate continues
27/04/2006 The Sun
PETALING JAYA: Small and medium-sized housing developers say implementing
the build-then-sell model would jeopardise the housing targets set under
the Ninth Malaysia Plan (9MP).
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Protect buyers of abandoned projects first: Association
09/05/2006 The Sun
PETALING JAYA: House buyers laud the government's move to consider extending
the housing defects liability period from 18 to 36 months, but feel there
are also other pressing issues that deserve attention as well.
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Build-Then-Sell will benefit builders too
13/05/2006 NST By Andrew Wong
THE National House Buyers Association (HBA) is not one-sided in its push
for the Build-Then-Sell (BTS) system to ultimately be the country's only
method of housing delivery as it is also strongly lobbying for changes to
the existing development framework, which would benefit private developers.
Among the recommendations it has made to the Government is the lowering
of premiums for land conversion, which would lessen their holding costs
as well as the setting up of a one-stop centre so developers can shorten
the time taken for development approval to within six and nine months.
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Give us a new payment system
19/05/2006 NST By Chang Kim Loong, Secretary-General, National
House Buyers Association
WE refer to "Dream homes now nightmare" (NST, May 15). We sympathise with
the buyers of Diamond Creek Country Retreat. This tale is an all-too-familiar
one heard everywhere.In fact, thousands of house buyers are suffering in
silence after paying for houses that have been abandoned by developers for
various reasons.
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Pushing for change
27/5/2006 NST-Prop
A look at Housing Minister Ong Ka Ting's concerns about whether the Build-Then-Sell
system is good for the country
The latest news on whether the Build-Then-Sell (BTS) method of housing delivery
will be adopted in the country is that Housing and Local Government Minister
Datuk Seri Ong Ka Ting's working paper on it has been finalised for presentation
to the Cabinet. However, no mention has been made on when this will be.
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More laws doesn't mean less abandoned projects
27/5/2006 NST-Prop By National House Buyer's Association
f you look at the number of abandoned projects that littered the country
last year, you'll see that it's on the rise again. Just imagine, within
a year, the cancer has grown by 34 to 261! In our article, "Are the authorities
blind to victims of abandoned projects?" (NST-Property, April 15, 2006),
we showed the two different sets of data provided by the Housing Ministry:
That for the year ending 2002 and for the year ending 2004.
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Govt Nod For 'Build And Sell' Housing Concept - Najib
22/06/2006 Bernama
PUTRAJAYA, June 22 (Bernama) -- The Government has agreed in principle to
introduce the "build and sell" housing concept, with the housebuyers required
to pay 10 per cent deposit and the balance 90 per cent to be paid after
the houses are completed.
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Package of perks for build-then-sell
23/06/2006 The Star
PUTRAJAYA: A package of incentives is being offered to housing developers
who adopt the build-then-sell concept, which was approved in principle by
the Government yesterday. The incentives include fast-track approval for
their projects, doing away with the RM200,000 deposit for every licence
developers apply for, and developers be allowed to build medium-cost houses
instead of meeting the low-cost housing quota in certain localities.
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Kerajaan kaji konsep ‘bina dan jual’ rumah
23/06/2006 Berita Harian Oleh Kadir Dikoh dan Shamshul Azree Samshir
PUTRAJAYA: Kerajaan sedang menimbang untuk mewajibkan pemaju perumahan menjual
rumah hanya selepas ia siap sekurang-kurangnya 90 peratus, bagi memberi
lebih perlindungan kepada pembeli serta mengelak projek terbengkalai, kata
Datuk Seri Najib Razak.
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Jual rumah selepas siap
23/06/2006 Harian Metro
PUTRAJAYA: Tempoh dua tahun diberikan kerajaan untuk melihat keberkesanan
sistem pembinaan rumah menerusi konsep bina dan jual yang boleh mengatasi
masalah projek terbengkalai hingga membebankan pembeli Timbalan Perdana
Menteri, Datuk Seri Najib Razak, berkata ini bagi memberi peluang kepada
pemaju untuk memilih sistem sedia ada iaitu menerusi bayaran berjadual atau
konsep baru, selain mengelak kontraktor kecil dan sederhana ‘gulung tikar’.
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Konsep 'bina dan jual' untuk pemaju besar - Najib
23/06/2006 Kosmo
PUTRAJAYA - Kerajaan semalam bersetuju melaksanakan konsep 'bina dan jual'
bagi projek perumahan, namun ia mungkin hanya diwajibkan terhadap syarikat
pemaju besar.
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10/90 Nod for build-then-sell housing concept
23/06/2006 New Straits Times
PUTRAJAYA: Houses in certain development projects will be built first before
being sold, under the much-awaited "build-then-sell" (BTS) concept agreed
to by the Government yesterday.
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Bina dan jual dilulus
23/06/2006 Utusan Malaysia
PUTRAJAYA 22 Jun - Kerajaan hari ini bersetuju memperkenalkan pembinaan
projek perumahan menggunakan konsep 'bina dan jual' yang hanya memerlukan
para pembeli membayar pendahuluan 10 peratus harga jualan dan bakinya dilunaskan
selepas rumah siap.
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Bina dan jual perkukuhkan industri hartanah negara
23/06/2006 Utusan Malaysia
KUALA LUMPUR 23 - Jun Konsep bina dan jual dalam melaksanakan projek pembangunan
kediaman bakal mewujudkan persekitaran daya saing yang tinggi dan menyediakan
industri tempatan ke arah proses globalisasi.
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Rehda sambut baik konsep baru jual rumah
24/06/2006 Utusan Malaysia
KUALA LUMPUR 23 Jun - Persatuan Pemaju Hartanah dan Perumahan Malaysia (Rehda)
Malaysia hari ini menyambut baik langkah adil kerajaan yang memutuskan untuk
memperkenalkan konsep ‘bina kemudian jual’ atau lebih dikenali sebagai konsep
10:90, selari dengan skim bayaran berperingkat yang sedia ada.
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Konsep 'bina dan jual' disokong
24/06/2006 Utusan Malaysia
KUALA LUMPUR 23 Jun - Keputusan kerajaan memperkenalkan konsep 'bina dan
jual' dilihat sebagai satu elemen yang bakal menyelamatkan pengguna daripada
risiko rumah terbengkalai.
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Konsep bina dan jual bela pembeli rumah
25/06/2006 Utusan Malaysia
PENGUMUMAN Timbalan Perdana Menteri, Datuk Seri Najib Tun Razak pada Khamis
lalu mengenai keputusan kerajaan dalam meluluskan cadangan konsep bina dan
jual bagi pembinaan rumah membuat para pembeli kini boleh menarik nafas
lega.Melalui konsep tersebut, nasib pembeli sekurang-kurangnya terbela kerana
hanya perlu membayar deposit sebanyak 10 peratus daripada harga belian dan
kemudian menandatangani perjanjian jual beli dengan pemaju.
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A choice of how to build houses
26/06/2006 The Sun
IT is good that the government has agreed in principle to introduce the
build-then-sell concept for the housing industry since it will give buyers
choice.
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Build-then-sell the way ahead
29/06/2006 The Sun By SM. Mohamed Idris, President
With Government’s approval in principle of the implementation of the "build-the-sell"
(BTS) concept, certain projects will be built first before they are sold.
House buyer
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More work needed on build-then-sell
04/07/2006 www. theedge.daily By Au Foong Yee
The government’s offer of incentives to developers who embrace the 10:90
build-then-sell scheme is to be lauded.
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Ong: 'Build And Sell' Concept Won't Push House Prices Up
06/07/2006 Bernama
KUALA KRAI, July 7 (Bernama) -- The implementation of the 'build and sell'
concept will not raise the price of houses, says Housing and Local Government
Minister Datuk Seri Ong Ka Ting, Thursday.
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Advantages to build-first
07/07/2006 The Star
Housing and Local Government Minister Datuk Seri Ong Ka Ting said developers
who chose this new concept would enjoy several incentives, including exemption
from paying the RM200,000 deposit and stamp duties to the Government.
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Build-and-sell houses dearer
06/07/2006 NST
KUALA LUMPUR, July 5 (Bernama) -Houses will cost more under the build-and-sell
concept compared with the present sell-and-build concept due to the higher
production cost and the risks involved, said Deputy Housing and Local Government
Minister Datuk Azizah Mohd Dun.
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Pembeli penentu kejayaan konsep bina dan jual
08/07/2006 Berita Harian
JUAL dan bina atau bina dan jual. Konsep mana satu yang sepatutnya dipilih?
Bagi syarikat pemaju hartanah, sudah tentunya mereka akan memilih konsep
pertama kerana ia memihak kepada mereka.
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Build-and-sell incentives for developers being worked out
09/07/2006 The Star
KOTA KINABALU: Incentives for housing developers opting for the build-and-sell
concept are likely to be finalised within several months, Housing and Local
Government Minister Datuk Seri Ong Ka Ting said. He said the incentives
would take some time to be completed as some involved amendments to the
laws.
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Konsep bina, jual untungkan pembeli
09/07/2006 Berita Harian
RUMAH terbengkalai dan kes pemaju gagal menyiapkan projek mengikut jadual
mendorong kerajaan memperkenalkan konsep baru - bina dan jual - diharap
dapat melindungi hak pengguna.
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Chicken and egg quandary
13/07/2006 The Star Comment by Datuk Eddy Chen
The announcement by the Deputy Prime Minister on the Government’s decision
to adopt the 10:90 model for housing delivery alongside the existing Sell-Then-Build
model seems to have put paid to much of the controversy surrounding the
issue.
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Give ’em more, says HBA
15/07/2006 NST-PROP
Though the National House Buyers’ Association (HBA) is happy that the Government
is providing the nation’s private developers with stimuli to encourage them
to adopt the 10:90 Build-Then-Sell (BTS) mode of housing delivery, it feels
additional inducements are needed to make the system really fly.
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Show support for BTS, banks urged
15/07/2006 NST-PROP
Banks and financial institutions in the country have been urged to play
a bigger role in supporting the Build-Then-Sell (BTS) mode of housing delivery,
now that the Government has approved the 10:90 variant of BTS to run in
tandem with the existing Sell-Then-Build (STB) system.
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Buyers will not become victims
30/06/2006 NST By A.J.A.R, Kuala Krai, Kelantan
THE sell-then-build housing concept, which has been practised for decades
and still continues, has benefited housing developers and victimised many
innocent and ignorant house buyers.
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Buyers discover the devil's in the details
11/09/2006 NST By Chok Suat LIng
The system will be a boon for house buyers. Pay 10 per cent now and the
rest of the purchase price when the houses are completed. But the mechanism
to kick-start this is nowhere in sight, writes CHOK SUAT LING.
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Gov’t in talks with banks on 10:90 BTS system
12/09/2006 The Edge Daily By Alfean Hardy & Tho Li Ming
The government is in talks with Bank Negara and financial institutions to
implement the proposed 10:90 Build-Then-Sell (BTS) mode of housing delivery,
Housing and Local Government Minister Datuk Seri Ong Ka Ting said.
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Banks must support build-then-sell concept: Housing minister
13/09/2006 NST By Anna Maria Samsudin
BANKS must be prepared to lend more support to developers when the build-then-sell
concept kicks off next year, Housing and Local Government Minister Datuk
Seri Ong Ka Ting said.
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Fast-track approval for build-then-sell projects
26/09/2006 NST By Farrah Naz Karim
PUTRAJAYA: Applications for housing projects will be approved in four months,
beginning next year. However, this speedy Planning Delivery and Land Development
Process System will only benefit housing developers who opt for the build-then-sell
concept.
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Now Time To Implement Build-And-Sell Concept, Ong Says
30/11/2006 Bernama
KUALA LUMPUR, Nov 30 (Bernama) -- The government's decision to amend the
Housing Development (Control and Licensing) Act will encourage developers
to adopt the build-and-sell concept, said Housing and Local Government Minister
Datuk Seri Ong Ka Ting Thursday.
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