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Housing development sector will be allowed to resume operations under Phase 1 and 2 of NRP

It’s not an easy time for many of my real estate industry friends. Not working means not having money to sustain themselves. Some may have additional savings but without income coming in, the depleting savings in the bank really do look scary. It is now announced that the housing development sector will be allowed to resume operations under Phase 1 and 2 of the National Recovery Plan (NRP)

Click here to download the full file from Ministry of Housing and Local Government

Under Phase 1 of the National Recovery Plan (NRP), housing developers which are still active with a valid advertising permit and developer’s licence (APDL) under the Housing Development (Control and Licensing) Act 1996 (Act 118) are allowed to resume operation. Activities allowed to operate include housing developer’s management office, handing over of vacant possession notices and house keys.

Other activities which are also allowed include critical damage repairs during the defect liability period and construction works for Rumah Mesra Rakyat (RMR) under Syarikat Perumahan Negara Bhd (SPNB) for G1 to G4 contractors.

In the Phase 2 of NRP, sales and marketing at the developer’s office, sales agent, sales gallery, show unit and subsale property units are allowed to resume operation. Many of my agent friends are waiting for this to happen. They are not just restless at home, they are running out of money for food as well.

All these permissions for the housing development sector to operate is subject to compliance with the latest standard operating procedures (SOPs) which can be downloaded from KPKT’s website at https://www.kpkt.gov.my. The construction SOPs issued by the Ministry of Works can be found at www.cidb.gov.my, while the general SOPs of the National Security Council (MKN) and the Ministry of Health (MoH) are available at www.mkn.gov.my to contain the spread of Covid-19.

Click here to download the full file from Ministry of Housing and Local Government

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Charles Tan The Founder The Writer Kopiandproperty
Charles Tan

Charles is Founder of kopiandproperty.com He writes from his investment experience for the the past 20 years in investments including property, stock, unit trust and more as well as readings and conversations with many property gurus in the industry. kopiandproperty.com is an independent property blog which is not affiliated to any media company, property developer or even real estate agencies.

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