These newly published facts from the Ministry of Housing and Local Government can really make you have second doubts before you think of parting with your hard-earned cash and taking up a “tied-for-life” homeloan.

Ingkar Award Tribunal Tuntutan Pembeli Rumah [TTPR] Yang Telah Didakwa Dimahkamah Setakat September 2005

Status Kes Syarikat Memajukan Perumahan /Menjual Rumah Tanpa Lesen Yang Telah Didakwa Di Mahkamah Selaras Dengan Seksyen 5(1) & (2) Akta Pemajuan Perumahan (Kawalan Dan Pelesenan) 1966

Didakwa Atas Kesalahan-Kesalahan Lain Di Bawah Akta Pemajuan Perumahan (Kawalan Dan Pelesenan) 1966 Dan Peraturan-Peraturan Berkaitan

Dikompaun Di Bawah Peraturan

Dikompaun Di Bawah Akta Pemajuan Perumahan

Just ensure that you do your homework before putting down any hard-earned cash into the next property purchase.

Also, if you are looking into property for investment/rental income, you might want to consider “cash property” which provides you 100% tenancy rate, no bank loans, no legal fees and various benefits that a “fixed property” is usually bundled with.