Long-awaited Residential Tenancy Act to be tabled next year

August 26th, 2020 Leave a comment


The government is expected to table the much-anticipated Residential Tenancy Act next year to monitor the rental market and protect tenants and house owners.

Deputy Housing and Local Government Minister Ismail Muttalib said currently, the rental market is not monitored by any particular agency.

Instead, it is determined according to assessment rates, location, accessibility and distance from public transport.

Among others, the bill will protect tenants from being forced to vacate premises without proper notice and act as a framework for the rental property market.

Once passed, Ismail said, it will act as a mediator with a tribunal in place to settle disputes.

He was responding to Chang Lih Kang (PH-Tanjong Malim) who asked about the ministry’s efforts to ensure that the home rental market is affordable for most people.

Chang also voiced unhappiness that the bill would not be tabled this year, saying many jobless tenants might be forced to vacate their premises due to Covid-19.

Source: FreeMalaysiaToday.com


Categories: Property News Tags:
  1. No comments yet.
(You can also Login/Register to submit your comment using unique ID)

Comment Guidelines
  • Avoid political discussion.
  • Comments with inappropriate wordings or personal attack may be moderated or deleted.
  • Developer must register before comment. All anonymous comments claimed to be from developer without registration will be deleted.
  • All advertisement in the comment will be deleted. Please contact us for advertising details.

To advertise your property in this page under "Related Properties for Sale/Rent":
 1. Submit your property at PenangPropertySale.com, it's FREE!
 (Please do not advertise your property in the comment)