Home buyers always face problem in dealing with a developer, especially after handover the long waited house. There is the developer obligation to deliver a good quality house to the buyer. There is a clause stated the developer must repair the defect within the defect liability period, normally is 18 months, at his own cost. If the developer refuse to do so, the buyer can refer to the following address to file a case in Tribunal,
Tribunal for Homebuyer Claims
Ministry of Housing & Local Government
Level2, Block B South, Pusat Bandar Damansara,
50782 Kuala Lumpur
Tel : 03-2092 8389 / 8482
Fax : 03- 2093 4776
Email : tribunal@kpkt.gov.my
In the certain condition, the buyer can proceed to repair and claim back from the developer through its final retention sum and certain condition need to be complied.
the following related links may also useful.
1. www.kpkt.gov.my
2. www.hba.org.my
24 June, 2007
Homebuyer Complaint Channel
Posted by Vince at 9:56 pm 0 comments
Labels: PROPERTY
Property Boom -Do Not Follow Blindly
Flip through the newspaper, most of the analyst are praising on the government policy to boost the property sector. Everyone is very excited to see the property sector start moving up. Property counters at the share market already be the indicators to show the potential growth in future earning.
Time is of paramount crucial factor to determine the success of the property development. The result will not be seen in short term. Most developers start launching new projects, including residential , commercial, etc. The side effect is the construction material cost increase in tremendous rate and the cost will be eventually borne by end purchaser. End users have to bite the bullet to take up the over price property.
On the other hand, to be competitive, developer may reduce the cost by cutting down its quality or award the project to the lowest tender, which may be the main cause of poor workmanship and shoddy work. Then, subsequent defect will eventually repair cost more than construction.
Come to the end, the development is not properly managed, its sale will not achieved the target and the project become abundant. Once project abundant, the one who suffer it is still the buyer.
Government shall put in more effort to monitor such possible outcome and being a smart buyer, a careful selection of property is important and do not follow blindly to the trend.
Posted by Vince at 11:04 am 0 comments
Labels: PROPERTY
13 June, 2007
Sound Technical For Contractor
How important to be a technical sound contractor?
When we are heading to a competitive edge of globalization, it is a must to have a sound technical base as a fundamental in an organisation. Most of the time, as a contractor, they construct work according to the drawings and specifications and designers in the consultant office will do all the design and other technical matter. Due to the advanced sophisticated design software, most of the designers have ignored the importance of the buildability or constructibility of design. It becomes a common problem being occurred in all projects.
As a technical sound contractor, they can always check the drawings in advance and highlight or clarify with designer in all discrepancy or incompatible designs and counter propose to designer with the actual on site situation. It can greatly cut down the idling time of the project.
Added value to the client, whereby an alternative cost saving or better quality design can be proposed to client. I believe none of the clients will reject such kind of proposal. With a technical sound organisation, it sure have a better advantages than others and do not solely rely on consultant -designer to feedback information rather than to take proactive to counter proposal as to facilitate the work.
Moving to K-Economy, being a technical sound contractor will surely have a better competitive advantage. Do not ignore the importance of being a K-contractor, and time to make a stride.
Posted by Vince at 10:37 pm 0 comments
Labels: Construction
03 June, 2007
Sub Contractor
We normally hear about the big projects being award to those big boy contractors. Everyone wanted to be a main contractor, tender a project with a low profit margain. Conventionally, the main contractors will chop down the cake into smaller pieces and sublet to other parties which so-called sub contractor.
"Subcontractor" sound as secondary compare to Main Contractor. The scope of work is relatively small compare to main contractor, same as well for contract value involved.
Most of the subcontractor works are required a certain skill and it is more specific in certain task or specialized job. Therefore, as a subcontractor, they are always excel in their work and they can perform better and produce a better result.
Whenever there is a better focus on job and narrower scope of work, it tend to have a better control of cost and quality. Therefore, undeniable, the profit will be higher with these control measures.
Despite of the position of subcontractor is considerably as secondary place, what most important is still a Profit return. Therefore, who care about whether you are main contractor or subcontractor, Profit takes the lead in Business. As long as the position that you are standing can make a big buck, then this is the right place for you.
Posted by Vince at 1:48 am 0 comments
Labels: Construction
