News

National Conference : Analysis of the Property & Construction Industry

Tuesday, November 14th, 2017

National Conference : Analysis of the Property & Construction Industry

Thursday 30th November 2017
Grand Hotel Excelsior, Valletta
Registration at 8.15am.
Lunch will be served at the end of the conference at 12.30pm.

The recent KPMG Property & Construction Industry Study commissioned by the Malta Developers Association will be published and discussed during the conference. A copy of the document will be given to all participants.

Hon. Ian Borg, Hon. Chris Agius and Hon. Edward Scicluna will also be addressing the conference.

Conference fee : Eur70
(includes coffee breaks & lunch)
FREE OF CHARGE FOR MDA MEMBERS

The conference will be addressed in Maltese.

 

invite_MDA

MDA condemns brutal murder of Daphne Caruana Galizia

Monday, October 16th, 2017

The Malta Developers Association condemns without any reservations the hideous murder of blogger Daphne Caruana Galizia.

MDA steadfastly believes that Malta is a democratic and civil country where freedom of expression is paramount and disagreements are part of normal life.

Read more »

KPMG study up for discussion

Friday, October 13th, 2017

The Malta Developers Association (MDA) has noted that the KPMG construction industry and property market study, launched during a press conference at Castille on 3 October 2017, has been attracting interest from multiple entities, public and private, wishing to learn more about this very important sector.

Read more »

MDA welcomes Budget

Tuesday, October 10th, 2017

The Malta Developers Association welcomes the 2018 Budget that confirms that Government’s policies are aimed at sustainable economic and fiscal continuity.

The Budget measures announced will continue to incentivise investment in the property market and make it affordable in areas where regeneration and rehabilitation are sorely needed.

Read more »

KPMG presentation at launch of Report on the Construction Industry and the Property Market in Malta

Wednesday, October 4th, 2017

Mark Bamber from KPMG delivered the following presentation at launch of the KPMG report on the Construction Industry and the Property Market in Malta.

These are the slides of the presentation:

Read more »

MDA-commissioned study by KPMG shows construction is 15% of economy

Wednesday, October 4th, 2017

The KPMG study on the construction industry and the property market in Malta, commissioned by the Malta Developers Association, issued today, shows that this sector represents 15% of the nation’s gross valued added, accounting for a total output of €2.55 billion.

In terms of employment, the sector contributes to the creation of 37,275 jobs or over 21% of the total gainfully occupied in Malta and Gozo (all figures related to 2015).

Read more »

MDA setting up a section for landlords

Tuesday, October 3rd, 2017

The Malta Developers Association is aware of the problems that are being faced in the rental market. The current situation allows for the abuses and injustices being carried out both by landlords and tenants.

MDA is also aware that Government is being lobbied to regulate the market so that abuses are minimised. While some regulation is necessary, MDA does not believe that a return to the situation where rents are controlled will help the economy since this will stunt the growth of the rental market.

Read more »

Incentives to contribute to increasing social housing stock and to possibly control rent inflation

Monday, October 2nd, 2017

These are the proposals of the Malta Developers Association to contribute to increasing the social housing stock and possibly control rent inflation:

  1. IIP – Rental Threshold

The threshold imposed for residential rental in the Individual Investor Programme scheme is today very low and is creating an artificial increase in the rental rates of certain dwelling types, which are not usually rented to these individuals .

Read more »

MDA wants feel-good factor to extend to all areas of society

Sunday, October 1st, 2017

Malta Developers Association President Sandro Chetcuti presented a number of proposals to encourage the growth of social housing stock to Parliamentary Secretary for Social Housing Roderick Galdes during a meeting at MDA’s offices in Guardamangia.

One proposal, Skema Kiri, has been immediately taken on board and Mr Galdes confirmed that some five applications are being received each day from property owners since the scheme was launched, a total of some 195 in all.

Read more »

MDA insists its Budget proposals as agreed before general election

Saturday, September 16th, 2017

The Malta Developers Association presented a substantial document with concrete proposals for Budget 2018, some of which can be implemented immediately.

MDA President Sandro Chetcuti, who headed a delegation of Council members, augured that the Prime Minister and his Government would continue to achieve further progress and success in its endeavours to take the country to the next level. He praised Government’s initiatives that have truly brought the best of times in terms of employment and a booming economy.

Read more »

Both PN leadership contenders request meeting with MDA

Sunday, September 10th, 2017

The two Nationalist Party leadership contenders, Dr Adrian Delia and Dr Chris Said, held separate meetings with the Malta Developers Association Council. The meetings, held at the request of the two candidates, turned out to be two long, fruitful discussions.

Both Dr Delia and Dr Said acknowledged the good work of the MDA and its highly valid contribution to the country.

Read more »

MDA opposes proposed development in ODZ quarry

Saturday, August 19th, 2017

The Malta Developers Association refers to an outline development application for the utilisation of an existing disused quarry in Marsascala to erect a large commercial complex, including a basement parking area and storage facilities, underlying commercial outlets and offices. The quarry is sited in an area that is Outside Development Zone (ODZ).

Although the rehabilitation of disused quarries is positive, since an abandoned quarry is considered as a lesion in every topographical setup, it should not serve as a trampoline for one to obtain approval of developments that are incongruent in ODZ areas.

Read more »

MDA welcomes proposed works on Marsa junction

Saturday, August 12th, 2017

The Malta Developers Association welcomes the news that Transport Malta will be issuing tenders for the initial works necessary before the actual implementation of the Marsa multi-level junction project can commence.

MDA acknowledges that Transport Malta is making serious efforts to help ease traffic congestion, which has become one of the major problems in Malta.

Read more »

MDA once again calls for registration and licensing of demolition contractors

Saturday, August 12th, 2017

The Malta Developers Association refers to news reports in the media exposing contractors demolishing buildings in a way that ignores the normal standards expected in a civilised country.

It is obvious that there are a number of demolition contractors that are not following the approved construction method statements that bind the owner of any such works on the methods to be used when demolishing an existing structure. Moreover, it is also obvious that no safety precautions are being taken in order to protect pedestrians, passing traffic and the workmen on site.

Read more »

MDA raises over €53,000 for MCCFF in just one evening

Friday, July 14th, 2017

Once again, the Malta Developers Association has shown the generosity of its members, when €53,110were raised during its annual dinner in aid of the Malta Community Chest Fund Foundation.

More than 700 people, mostly MDA members and their guests, patronised the dinner, held in the gardens of Verdala Palace, Buskett, on Thursday evening, under the patronage of the President of Malta, Marie-Louise Coleiro Preca, and Mr Preca, and Parliamentary Secretary for Planning and the Property Market Chris Agius.

Read more »

MDA on changes to SmartCity Master Plan

Friday, July 14th, 2017

The Malta Developers Association refers to the proposed changes in the Master Plan of SmartCity that have been requested by the developers of the area.

It is obvious that the changes requested are a radical departure from the original purpose of the project that was meant to be an IT hub employing over 5,000 persons.

Read more »

MDA supports Ohloq Tbissima 2017

Thursday, July 6th, 2017

The Malta Developers Association is supporting the Ohloq Tbissima 2017 initiative.
The telephone lines are already open so please start donating.

Read more »

MDA congratulates Labour Party

Tuesday, June 6th, 2017

The Malta Developers Association congratulates Prime Minister Joseph Muscat and the Labour Party for its electoral victory, which indicates that the new Government has a clear mandate to continue implementing the economic policy it has pursued successfully for the past four years.

The MDA declares that it is prepared to continue to give its support for these policies aimed mainly at continuing to create wealth that reaches everyone.

Read more »

MDA presents its proposals to the Labour Party

Saturday, May 27th, 2017

The President of the Malta Developers Association, Sandro Chetcuti, today outlined the proposals the MDA is putting forward to the Labour Party for consideration ahead of the general election on 3 June, 2017.

Referring to the KPMG report due to be published shortly, he said that the minimum of 30,000 people who are employed both directly, indirectly or by induced effect in the construction industry represent 17% of the gainfully employed.

Read more »

Construction industry creates most wealth

Wednesday, May 24th, 2017

The President of the Malta Developers Association, Sandro Chetcuti, today announced two significant statistics that have emerged from the independent research conducted by KPMG that is to be published shortly: the construction sector employs a minimum of 30,000 people both directly, indirectly or by induced effect. This sector grew at a phenomenal rate of 40% between 2011 and 2015.

Mr Chetcuti was addressing Nationalist Party leader Simon Busuttil and a number of candidates during which there was an exchange on the proposals the two sides agreed upon ahead of the June 3, 2017, general election. A similar meeting is planned with the Prime Minister this week. “These statistics truly show that, among the 18 industrial sectors in Malta,construction is the one that most creates wealth.”

Read more »

First meeting of Property Malta Foundation

Thursday, April 13th, 2017

The Malta Developers Association has joined the Government in the setting up of the Property Malta Foundation, as set out in the 2017 Budget. The deed of the foundation, which is made up of four trustees nominated by the MDA and four trustees nominated by the Government, was signed on 21 March, 2017.

The trustees are MDA President Sandro Chetcuti, Hon. Secretary Michael Stivala and Council Members Alfred Camilleri and Michael Bonello; those nominated by the Government are Vincent Bone, Peter Caruana, Mario Falzon and Antoine Mallia.

Read more »

MDA calls for action against rogue contractors

Sunday, April 9th, 2017

The Malta Developers Association refers to a report and video in a news blog concerning the demolition of a building in Siggiewi.

From the video, it is obvious that the demolition contractor is not following an approved construction method statement that binds the owner of any such works on the methods he is permitted to use to demolish an existing structure. Moreover, it is also obvious that no safety precautions were taken in order to protect pedestrians, passing traffic and the workmen on site.

Read more »

MDA calls for action against rogue contractors

Saturday, April 8th, 2017

MDA calls for action against rogue contractors

 

The Malta Developers Association refers to a report and video in a news blog concerning the demolition of a building in Siggiewi.

From the video, it is obvious that the demolition contractor is not following an approved construction method statement that binds the owner of any such works on the methods he is permitted to use to demolish an existing structure. Moreover, it is also obvious that no safety precautions were taken in order to protect pedestrians, passing traffic and the workmen on site.

Once again, MDA appeals to the authorities to take harsh measures against such rogue contractors. Besides increasing fines, the time has come for contractors carrying out demolition works to be licensed, with the suspension of their licence being a possible punitive measure, besides fines, in such circumstances.

 

8 April, 2017

10% final withholding tax for quarry owners to accept construction waste from today

Friday, April 7th, 2017

Government has reached an agreement with the Malta Developers Association, representing quarry owners, to grant a fiscal incentive to accept the dumping of construction waste in their quarries as from today.

Minister for Sustainable Development, the Environment and Climate Change José Herrera, making the announcement on Thursday, praised MDA President Sandro Chetcuti for his environmental credentials and for his role in helping to solve this national problem. Those quarries that accept construction waste for up to €5.50 per tonne would pay a final withholding tax of 10% on their profits, down from the current 35%.

Read more »

MDA welcomes economic surplus

Thursday, April 6th, 2017

The Malta Developers Association welcomes the news that after over three decades Malta’s Consolidated Fund is no longer in a permanent deficit situation, with Government revenue exceeding payments in 2016.

MDA recognises that this is an important milestone in Malta’s economic history and congratulates Government for reaching this objective without resorting to harsh austerity measures, while reducing taxation.

Read more »

MDA enters PPP with WSC to build solar farms

Wednesday, April 5th, 2017

The Malta Developers Association has teamed up with the Water Services Corporation to set up a joint venture company, Malta Developers Green Energy Limited, that is to build a number of solar farms on the roofs of all the WSC’s reservoirs.

This public private partnership was officially formed on Monday, 3 April, 2017, in a ceremony at Castille presided by Minister Konrad Mizzi and involves both developers and those involved in the importation of photovoltaic panels. The Government will own 51% of the shares in the new company and the MDA the remaining 49% with the right to appoint the Chairperson.

Read more »

MDA will insist that approved policies should be honoured

Monday, April 3rd, 2017

The Malta Developers Association refers to recent protests against the approval of building schemes in sites known as ‘rationalisation areas’. These areas were included in developable areas by means of a decision approved by Parliament in 2006.

While the MDA recognises that the addition of some of these sites to developable areas was a controversial decision, the fact is that a decision taken by Parliament cannot in any manner be rendered null by the Planning Authority’s technical committee.On the contrary, the Planning Authority is obliged to seek solutions after leaving people in limbo for so many years.

Read more »

Laqgha mas-sidien tal-barrieri

Saturday, March 25th, 2017

Laqgha kostruttiva organizzatta mil Malta Developers Association. Is-sidien tal-barrieri attendew bi hgarhom ghal laqgha immexxija mil-President ta’ l-MDA, is-sur Sandro Chetcuti. Il-Ministru Jose Herrera indirizza il-laqgha ukoll. Thabbar li gie iffurmat kumitat sabiex jitkomplew id-diskussjonijiet mal-ministeru. Il-membri ta’ dan il kumitat huma Mark Aquilina, Gejtu Abdilla, Pawul Vella, Rennie Scicluna, Mark Bonello u Antoine Vella.

WhatsApp Image 2017-03-25 at 12.50.26 WhatsApp Image 2017-03-25 at 12.50.28 WhatsApp Image 2017-03-25 at 12.50.29

MDA on use of quarries to dump construction waste

Thursday, March 23rd, 2017

The Malta Developers Association refers to the statement by the Minister for Sustainable Development, the Environment and Climate Change José Herrera on Government’s intention to take the harsh measure to expropriate privately owned quarries for the dumping of construction waste.

The MDA appreciates that there has been no direct Government interference on the dumping of this waste for a very long time. Today the country faces a crisis because it is getting harder and harder to dispose of this waste since few sites remain to address this problem.

Read more »

MDA Annual General Meeting 2017: Commitment, vision, responsibility

Saturday, February 18th, 2017

The Malta Developers Association is keen to work with commitment, a vision and great responsibility, according to MDA President Sandro Chetcuti when he addressed the fully packed hall at the Association’s Annual General Meeting on 9 February, 2017, at The Palace Hotel, Sliema.

“The great successes and impressive results we managed to achieve speak for themselves,” he said. “My proud boast is that the MDA was the right source of brainstorming and creativity, resulting in many more jobs. I thank you, Mr Prime Minister, on behalf of your Government, for choosing to have faith in us and realising that the proposals we presented to you were in the national interest.”

Read more »

MDA produces its own TV programme

Wednesday, January 25th, 2017

Propjetà Malta is the title of the new 13-part TV series that started airing last Monday on one of the local TV stations. You can download the link to download the first programme here.

Read more »

MDA President on TVM’s Skjetti

Saturday, January 21st, 2017

MDA President Sandro Chetcuti proposes that Government creates incentives so that developers will allocate a portion of developments of a certain size to social housing. Skjetti. TVM. http://www.tvm.com.mt/mt/news/jipproponi-li-l-izviluppaturi-jaghtu-parti-mill-bini-ghal-housing-socjali/

Launch of three-year study on property development

Saturday, January 14th, 2017

This is the full text of the speech by Malta Developers Association President Sandro Chetcuti at the launch of the study by KPMG at the Auberge de Castille, Valletta, on Thursday:

Hon. Prime Minister, Ladies and Gentlemen

Thank-you for the opportunity you have given us, even as a government, to enable us to launch this scientific, impartial study on property development in Malta and Gozo: sustainability and economic value added.

Read more »

MDA champions for the second consecutive year

Saturday, December 31st, 2016

A team from the Malta Developers Association has won the football tournament, held on 29 December, 2016, at St Aloysius College, Birkirkara, in aid of the Dar tal-Providenza.

Among the eight teams who took part were politicians, priests and representatives of trade unions and the Malta Tourism Authority. Well done to all!

Read more »

MDA donate €150,000 to the Malta Community Chest Fund

Tuesday, December 27th, 2016

Sandro Chetcuti, Michael Stivala, Pierre Galea and Debbie Schembri on behalf of the Malta Developers Association (MDA) present a cheque of €150,000 to the Malta Community Chest Fund during L-Istrina yesterday.

Read more »

MDA working for unity

Sunday, December 18th, 2016

Malta Developers Association President, Sandro Chetcuti, on Wednesday stressed the importance of unity, for which he has striven unceasingly, when he addressed members at an annual Christmas party at Verdala Castle during which €20,000 was donated to the Malta Community Chest Fund.

“I work very hard to achieve harmony and take great satisfaction from seeing people united,” Mr Chetcuti said. Turning to the devastating disease of cancer, he said he realised how we all come into contact each week with people, members of our families and great friends of ours, who are afflicted. “It has become as common as influenza,” he observed.

Read more »

MDA commissions specialist report on Paceville Master Plan

Friday, December 9th, 2016

The Malta Developers Association has commissioned Wood & Apples BV from the Netherlands to review the Paceville Master Plan drawn up by Mott MacDonald.

Read more »

Anger about Paceville master plan expropriations justified – Sandro Chetcuti

Monday, November 21st, 2016

MDA President Sandro Chetcuti, in an interview with The Sunday Times of Malta on 20 November, 2016, said he understood residents’ anger over plans to expropriate their property in Paceville.

Read more »

MDA agrees with increase in minimum wage

Friday, November 4th, 2016

The Malta Developers Association supports the request made by a coalition of NGOs for an increase in the minimum wage. The MDA also agrees that the time has come for a revision of the mechanism by which the cost of living allowance (COLA) is worked out so as to reflect current economic circumstances.

Read more »

MDA and Front Ħarsien ODŻ hold first official meeting

Thursday, November 3rd, 2016

The Malta Developers Association and Front Ħarsien ODŻ held their first official meeting today at Palazzo Capua, Sliema.

The two bodies shared common ground on a number of issues and, according to MDA President Sandro Chetcuti, it was important for the two to work together in these areas as being pro-business and pro-environment.

Read more »

MDA welcomes Budget 2017

Tuesday, October 18th, 2016

The Malta Developers Association welcomes with satisfaction a number of measures announced in the Budget Speech, measures which the Government intends to implement to continue to maintain the good pace of economic development in the country in recent years.

Read more »

MDA on Paceville Master Plan

Thursday, October 6th, 2016

The Malta Developers Association considers the Master Plan for Paceville as the first time that an attempt has been made in the country for a plan catering for a particular part of Malta holistically instead of just formulating a number of parameters that every development has to observe without considering the global effect of the development on its surrounding area.

The MDA considers the step taken by the Planning Authority to engage internationally known consultants to draw up this plan as a positive step that needs to be repeated for other areas as well.

Read more »

MDA, PN agree on need to fix infrastructure and public transport

Thursday, September 29th, 2016

Malta Developers Association President Sandro Chetcuti today stressed the importance of fixing local infrastructure and public transport in a meeting it held on the request of the Nationalist Party.

The meeting, held at The Palace Hotel, Sliema, was between the MDA Council and a delegation headed by party leader Dr Simon Busuttil and composed of the two deputy leaders, Dr Beppe Fenech Adami and Dr Mario de Marco, MPs Ryan Callus, Marthese Portelli and Robert Arrigo, André Grech, president of the PN’s SME Forum, and two prospective candidates, Dorian Sciberras and Sam Abela.

Read more »

MDA on public access to the foreshore

Sunday, September 25th, 2016

The Malta Developers Association refers to the issue that has arisen on public access to the foreshore at Manoel Island.

The MDA agrees with the consistent Government policy – both that of the present administration and of previous administrations – that the foreshore should always remain in the public domain. This must also mean that the public should have permanent access to the foreshore.

Read more »

Meeting with Dr José Herrera

Thursday, September 1st, 2016

Officials of the Malta Developers Association, led by its President Sandro Chetcuti, yesterday held a cordial meeting with Dr José Herrera, Minister for Sustainable Development, the Environment and Climate Change, during which various matters related to the construction industry and the environment were discussed.

Read more »

UE assistance for operators in green energy sector:

Saturday, August 27th, 2016

MDA proposals lead to €140 m allocation up to 2020

Photovoltaic systems larger than 1 MW, known as ‘Solar Farms’, can now be developed following in-depth discussions between the Malta Developers Association and various government entities, including Minister Konrad Mizzi.

Read more »

MDA welcomes regularisation Legal Notice

Friday, August 26th, 2016

The Malta Developers Association refers to the amnesty that the Planning Authority is granting to sanction minor irregularities in existing buildings (Legal Notice 285 of 2016).

The MDA agrees in principle with this amnesty because there are a substantial number of property owners, including families, who have severalirregularities which could never be sanctioned. These remained on paper for a number of years to the detriment of owners who want to sell their property. An amnesty like this announced is the only remedy for this type of problem.

Read more »

MDA welcomes the extension to the solar panels scheme

Thursday, August 11th, 2016

The Malta Developers Association Council is satisfied that, after holding discussions with the Government, it was agreed that the financial assistance scheme to Maltese families wishing to invest in solar panels has been extended by a further €2 million.

While the MDA recognises the success of this scheme which the government intended Maltese families to benefit from, it is committed to continue working with the Government, the authorities, including the Regulator for Energy and Water Services (REWS) and the alternative energy sector so that the sector will continue to grow at a more consistent pace.

In this way it is helping to reach the European Union targets up to 2020 for the use of clean energy and so that, at the same time, it will provide a strong source of work for the sector that is involved directly in alternative energy and other sectors that work with it indirectly.

The MDA, on behalf of its Alternative Energy Section, which today has grown substantially, will continue to do all that is necessary so that this sector will continue to be strengthened and a more beautiful environment will be created through sustainable development for Maltese citizens.

10 August, 2016

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L-MDA tilqa’ b’mod pożittiv l-estensjoni tal-iskema tal-pannelli fotovoltajiċi

Il-Malta Developers Association (MDA) turi s-sodisfazzjon tagħha għall-fatt li, wara diskussjonijiet li kellha mal-Gvern, l’iskema ta’ għajnuna finanzjarja lill-familji Maltin li jridu jinvestu fil pannelli fotovoltajici  ġiet imġedda b’€2 miljun oħra.

Filwaqt li l’MDA tirrikonoxxi s-suċċess tal-iskemi tal-gvern immirati għal dawn il-familji Maltin, hija impenjata li tkompli taħdem mal-Gvern, l-awtoritajiet, fosthom ir-Regolatur tas-Servizzi tal-Enerġija u l-Ilma (REWS), u mas-settur tal-enerġija alternattiva sabiex is-settur ikompli jikber b’mod konsistenti.

B’hekk tgħin biex jintlaħqu l-miri tal-Unjoni Ewropeja sa s-sena 2020 fuq l’użu ta’ enerġija nadifa u fl-istess ħin huwa sors qawwi ta’ xogħol għas-settur li jaħdem b’mod dirett fl-enerġija alternattiva u sezzjonijiet oħra  li jaħdmu f’dan is-settur b’mod indirett.

L’MDA, f’isem is-Sezzjoni tal-Enerġija Alternattiva li illum kibret b’mod sostanzjali, tibqa’ tagħmel dak kollu meħtieġ biex dan is-settur ikompli jissaħħaħ u jkompli jinħoloq ambjent aħjar u żvilupp sostenibbli għaċ-ċittadini Maltin.

10 ta’ Awwissu, 2016

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More photos from MDA fund-raising dinner

Tuesday, August 2nd, 2016

The Malta Developers Association recently organised a fund-raising dinner in aid of the Malta Community Chest Fund at Verdala Palace, Buskett. Here are some more photos from that highly successful event in which over €46,000 were raised.

Read more »

MDA raises over €46,000 for MCCF

Wednesday, July 13th, 2016

Over 650 members of the Malta Developers Association, led by its President Sandro Chetcuti, their spouses and guests, attended a dinner at Verdala Palace, Buskett, last Thursday during which €46,350 were collected in aid of the Malta Community Chest Fund.

Among the guests were the President of Malta, Marie-Louise Coleiro Preca, and Mr Preca, Parliamentary Secretary for Planning and Simplification of Administrative Processes Deborah Schembri and Shadow Minister of the Environment, Energy and Transport Marthese Portelli.

Read more »

MDA delegation in Montenegro

Thursday, June 23rd, 2016

Earlier this month MDA President Sandro Chetcuti formed part of a delegation, headed by the President of Malta Marie-Louise Coleiro Preca, who was on a state visit to Montenegro.

The delegation was also composed of Foreign Minister George Vella, Malta Tourism Authority Chairman Gavin Gulia and representatives of the Malta Chamber of Commerce, Enterprise and Industry.

Read more »

MDA welcomes Outdoor Catering Policy and new Sanitary laws

Tuesday, June 14th, 2016

The Malta Developers Association welcomes with satisfaction the policy on Outdoor Catering and the new Sanitary Regulations law.

While the Outdoor Catering Policy is a measure that makes the lives of those operating restaurants much easier and lessens bureaucracy, the new Sanitary Regulations law updates laws that had been enacted more than a century ago. Therefore, there was not doubt that they needed to be updated to today’s needs.

Read more »

MDA against development in ODZ

Monday, June 13th, 2016

The Malta Developers Association refers to the Nationalist Party proposal for projects in zones that fall outside development (ODZ) to require the approval of a two-thirds majority in Parliament.

As a rule, the MDA has been stressing that no more land located in ODZ should be approved for development, in particular for residences and commercial purposes.

Read more »

Sale of public land for residential development

Monday, June 13th, 2016

The Malta Developers Association refers to negotiations that the Government is currently conducting on the transfer of public land to the private sector that are intended for development, among them the former White Rocks Holiday Complex site and other prime sites, particularly where real estate development will be permitted and placed on the market in competition with other developments built on private land.

Read more »

Skill Cards launched for the Construction Industry

Wednesday, May 25th, 2016

Malta Developers Association President Sandro Chetcuti was one of the speakers at the launch of Skill Cards for the Construction Industry, earlier this week.

This is the first project of this nature in the country that is being led by the Building Industry Consultative Council, together with a several entities, among them the MCHFE, MCAST, the OHSA, the ETC, the BRO and the Department of Local Government.

Read more »

MDA concerned on tender for ITS site

Tuesday, May 17th, 2016

The Malta Developers Association is concerned on the process followed for the call for offers for the development of the ITS site in St George’s Bay.

While the MDA declares that it is not against the project proposed by the Sea Bank Group, the MDA is concerned that there appear to have been shortcomings in the process for the tender call.

Read more »

MDA, GWU discuss collaboration at introductory meeting

Monday, May 16th, 2016

 Training, workers’ rights and duties, as well as health and safety at the workplace were identified as areas of potential collaboration between the Malta Developers Association and the General Workers’ Union during their recent introductory meeting.

This collaboration is part of the GWU’s thinking for its partners and workers, who can continue to be trained both in their trades and in their present career as well as in other aspects related to the world of work.

Read more »

Road contractors within MDA satisfied with increased work

Monday, April 25th, 2016

Malta Developers Association President Sandro Chetcuti led a seven-man delegation of road contractors who are affiliated within the MDA in a highly positive meeting with Transport Minister Joe Mizzi and Transport Malta Chairman James Piscopo last Saturday.

The contractors expressed their satisfaction that in the past three years infrastructural work on local roads had increased due to the number of projects that are under way.

Read more »

MDA supports Environment Committee’s stance

Friday, April 22nd, 2016

The Malta Developers Association Council held its first official meeting with the newly appointed Chairman of the Parliamentary Committee for the Environment, Dr Franco Mercieca, at the House of Representatives, Valletta, last Monday.

Dr Mercieca said his number one duty was to protect the environment without hindering progress. He quoted Prime Minister Joseph Muscat: “The private sector must be motivated to enable the economy to move forward.” The economic growth figures of 6.3% are the fruit of government’s pro-business attitude, he said, adding that it is important that the progress and wealth generated should continue to be perpetuated.

Read more »

MDA in favour of Malta-Gozo tunnel

Monday, April 18th, 2016

The Malta Developers Association is in favour of having a means to link the island of Malta and that of Gozo by road permanently.

The MDA believes that this is the only way for Gozo’s economy to be fully integrated into the national economy and, in that way, there will no longer be differences in the living standards between the two islands.

Read more »

MDA Council meets Planning Parliamentary Secretary

Monday, April 18th, 2016

The Council of the Malta Developers Association met Parliamentary Secretary for Planning Deborah Schembri on 7 April at her offices in Castille.

MDA President Sandro Chetcuti said the Association believed in safeguarding the environment. Developers, he added, who abused of the regulations should suffer the consequences. The authorities should take harsher action to deter those breaking the law.

Read more »

€5,000 donation to Puttinu Cares

Wednesday, March 30th, 2016

The Council of the Malta Developers Association presented a €5,000 donation on behalf of the MDA to the Puttinu Cares fund-raising effort that was conducted during the Xarabank TV programme on Friday, 25 Marcy, 2016.

MDA Hon. Secretary Michael Stivala (on right) is seen here presenting the donation to Xarabank presenter Peppi Azzopardi.

Read more »

MDA appeals to political parties to lessen level of confrontation

Monday, March 21st, 2016

The Malta Developers Association is concerned about the current political situation in the manner that the two main political parties have raised the level of confrontation between them as if a general election were around the corner

While it recognises that the political parties have the right – indeed the obligation – to draw the people’s attention to circumstances that could damage the country, the MDA knows from experience that a situation of unnecessary uncertainty could nip new investment in the bud in Malta both by the Maltese themselves as well as by foreigners.

Read more »

MDA meets Hon. Deborah Schembri

Wednesday, March 2nd, 2016

The Malta Developers Association held its first official meeting with the newly appointed Parliamentary Secretary for Planning and Simplification Deborah Schembri at her office in Castille on 25 February, 2016.

Read more »

MDA calls for task force to tackle bureaucracy

Wednesday, February 24th, 2016

The Malta Developers Association notes that, despite the political will expressed publicly several times by the Prime Minister and other spokesmen of the present government, the situation related to the obstacles every entrepreneur has to face due to excessive bureaucracy by Government departments and parastatal bodies has remained the same, if not aggravated in certain instances.

The MDA believes that, if a serious effort is made to lessen this bureaucracy and government entities become truly more efficient, economic progress in the country will be greater than that registered in the past two years.

Read more »

AGM 2015 Photos

Sunday, February 14th, 2016

Click here for more photos from the AGM

Read more »

Speech of MDA President Sandro Chetcuti at AGM 2015

Saturday, February 6th, 2016

The following is the full text of the speech by MDA President Sandro Chetcuti at the Annual General Meeting on Thursday, 4 February, 2016, at Le Méridien St Julians Hotel & Spa:

I start today immediately on the theme we have for you today: ‘A strong economy; a healthy environment’ [Ekonomija soda, Ambjent b’saħħtu]. A strong economy because we truly believe because you can never have a healthy environment if the economy will be on the way down. It is very important that these two phrases which unfortunately we sometimes cause them to be in conflict with each other, the economy and the environment, or unfortunately we politicise them, we truly believe that they simply go hand in hand.

Read more »

A strong economy, a sound environment

Saturday, February 6th, 2016

Sandro Chetcuti confirmed for two-year term as MDA president

Malta Developers Association President Sandro Chetcuti stressed the new guiding theme of the MDA, A strong economy, a sound environment, at the fifth annual general meeting of the association where he was confirmed as president for a two-year term.

He stressed that the two go hand in hand. “You can never have a good economy, if you neglect the environment,” he told a packed audience at Le Méridien St Julians Hotel. He had before him Prime Minister Joseph Muscat, Opposition Leader Simon Busuttil, several government ministers, MPs from both sides of the House and many senior government officials.

Read more »

MDA Council discusses PN’s economic vision

Wednesday, February 3rd, 2016

The Malta Developers Association Council recently met two Nationalist Party members of Parliament, Shadow Minister for the Economy Claudio Grech and Spokesman for SMEs Robert Arrigo, to discuss the party’s economic vision for the next decade, ‘An economy for the people’.

The MDA Council exchanged its views with the party, which is holding a series of consultation sessions with the Constituted Bodies on this working document, during the meeting, held at the MDA’s premises in Guardamangia. The main focus was on the local property market and the construction industry. Read more »

MDA on Lands Department irregularities

Thursday, January 21st, 2016

The Malta Developers Association notes the steps the Government has taken in the light of the Auditor General’s report on the expropriation of a share of a property in Old Mint Street, Valletta.

The MDA welcomes in the most positive way the Prime Minister’s decision to conduct a fundamental reform of the Department of Lands and Government Properties by creating an Authority to lead this most important sector in the administration of the country. The MDA reminds that it has been insisting on a reform in this Department for many years.

Read more »

White Paper Malta’s Property Code and Regulations

Saturday, January 16th, 2016

Below please links find the relevant information about the White Paper about Malta’s Property Code and Regulations.  The document may be downloaded from here Malta’s Property Code & Regulations FINAL DOC

Read more »

Record donation of €103,000 from an NGO to l-Istrina

Monday, December 28th, 2015

The Malta Developers Association Council expresses its satisfaction at the record donation of more than €100,000 that it raised and presented last night to l-Istrina during the national fund-raising event that was once again a demonstration of the generosity of the Maltese. The sum of over €4.02 million exceeded last year’s record of €3.65 million by more than €350,000.

Read more »

Less land can now be built on in development zones

Saturday, December 5th, 2015

The Malta Developers Association wishes to refer to the fact that, according to the new regulations issued by MEPA (DC2015), less land can effectively be developed where it was previously permissible. This is the first time since 1989 that there was this reduction.

This is the result of the new regulations which stipulate that no more building can be erected at a depth of 30 metres from the street and, when there is more space at the bottom of the site, no development can take place there. The prohibition of internal development continues to lessen the possibility that a substantial number of sites can be developed in this way.

Read more »

Successful DC2015 Information session

Wednesday, December 2nd, 2015

The Malta Developers Association (MDA), in conjunction with the Malta Environment and Planning Authority (MEPA) and the Kamra tal-Periti (KTP), held a successful information session on the Development Control Design Policy, Guidance and Standards 2015 (DC2015) at the Dolmen Hotel, Qawra, on Tuesday, 1 December, 2015.

The theme of DC2015 is Creating ‘Successful’ Streets. DC15 is a clear departure from a single classification of policy provisions found in previous DC publications. The policy document heralds in a new contextual design framework that distinguishes between different qualities and elements that comprise urban and architectural design. Read more »

MDA considers CHOGM an outstanding opportunity for all the Maltese

Tuesday, November 24th, 2015

While the Malta Developers Association (MDA) is looking forward in great anticipation to the Commonwealth Heads of Government Meeting in Malta later this week, it warns against any alarmism that could do more damage than needless over-caution.

“We want to give the best welcome possible to all those who will be in Malta for this momentous CHOGM, firm in the island’s reputation of neutrality that we are a safe haven for all,” the MDA said in a statement. Read more »

UEPC calls for swift action on building permit procedures

Wednesday, November 18th, 2015

The Malta Developers Association President Sandro Chetcuti attended the annual meeting of the European Union of House Builders and Developers (UEPC) in Utrecht, Holland recently. This is the text of a statement issued by the UEPC after the meeting:

The European Union of House Builders and Developers, UEPC, is calling on policy makers at EU and national level to take action on building permit procedures, as discussed at its recent meeting in Utrecht, the Netherlands, on 4-6 November 2015.

Read more »

MDA council members attend skill cards seminar

Saturday, November 14th, 2015

Council members of the MDA, General Secretary Michael Stivala and Malcolm Mallia, recently attended the seminar organised by the Building Industry Consultative Council launching the public consultation period for the introduction of skill cards in Malta.

The Malta Developers Association welcomed in the most positive manner the skill cards scheme, which the BICC is introducing in the near future, in a statement on 10 October, 2015.

Read more »

MDA meets Opposition Leader

Wednesday, November 11th, 2015

The Malta Developers Association (MDA) Council met Nationalist Party Leader Simon Busuttil this morning at PN Headquarters in Pietà.

Dr Busuttil was accompanied by PN spokesmen Robert Arrigo and Ryan Callus, and Matthew Gatt from his office. In his introductory remarks, Dr Busuttil agreed with MDA President Sandro Chetcuti’s recent statement: ‘Damage is repaired slowly and it can be suffered very quickly.’

Read more »

MDA celebrates 5th anniversary

Tuesday, November 3rd, 2015

The 55 founder members of the Malta Developers Association were given a memento in appreciation of their contribution in the setting up of the association, which celebrated its fifth anniversary on Saturday with a reception at the Grand Hotel Excelsior, Floriana. Among the guests were Cabinet Ministers, MPs from both sides of the House, sponsors, partners and the media.

Read more »

MDA gives suggestions to ease traffic problems

Sunday, October 18th, 2015

A Malta Developers Association delegation met the Minister responsible for transport and Transport Malta officials during which the current problem of traffic on local roads was discussed.

While the MDA made it clear that it does not agree with restrictions in the times when contractors’ vehicles can be operated because this means that they will have to suffer disproportionately because of the problem, the MDA submitted positive suggestions that can lead to lessen the traffic problem in the short term.

Read more »

MDA calls for changes in Health and Safety law

Thursday, October 15th, 2015

The Malta Developers Association wishes to register its disappointment at the way company directors are being charged in Court in connection with health and safety incidents at the workplace.

While the MDA believes that the law on health and safety is a good one and it has co-operated on several occasions with the Occupational Health and Safety Authority (OHSA) to ensure that its members observe the law scrupulously, the MDA feels that there is a lacuna in this law when the owner of a project is a company.

Read more »

MDA considers the Budget to be positive

Tuesday, October 13th, 2015

The Malta Developers Association considers the 2016 Budget announced this evening to be very positive and one that will continue to strengthen the property market and the economy generally.

The Budget shows that the Government is looking at Malta’s economic future in a manner that is outside the limits that governments normally work, that is, outside the box.

Read more »

MDA welcomes the skill cards scheme

Monday, October 12th, 2015

The Malta Developers Association welcomes in the most positive manner the skill cards scheme, which the BICC (Building Industry Consultative Council) is introducing in the near future.

Through this scheme, a genuine effort is going to be made to give due recognition to those who work in the construction industry and, at the same time, the system is going to help raise quality, health and safety standards at the place of work and improve the conditions of employment of those who are qualified.

Read more »

MDA presents Budget 2016 proposals to Prime Minister

Thursday, September 24th, 2015

The Council of the Malta Developers Association today presented the MDA’s proposals for Budget 2016 to the Prime Minister Joseph Muscat at Castille.

Dr Muscat was accompanied by Finance Minister Edward Scicluna and Parliamentary Secretary for Planning and Simplification of Administrative Processes Michael Falzon.

Read more »

MDA on electricity tariffs

Tuesday, September 22nd, 2015

The Malta Developers Association notes that, as a result of the lowering of electricity bills as promised by the Government, the certainty on these tariffs contributed to a more stable economy in the country, so much so that the economy continued to grow.

Read more »

The environment and business development: compatible bedfellows

Thursday, September 17th, 2015

Malta Developers Association President Sandro Chetcuti took part in a roundtable debate on 16 September, 2015, at the Malta Chamber of Commerce, Enterprise and Industry in Valletta.

The debate on the compatibility of business development and the protection of the environment was organised by Din l-Art Ħelwa and the Chamber with the support of the Times of Malta.

Read more »

MDA pays tribute to Albert Mizzi

Friday, September 11th, 2015

The Malta Developers Association salutes the memory of Maltese entrepreneur, Albert Mizzi, whose passing away has just been announced.

Albert Mizzi will be remembered for his valuable contribution to the Maltese economy not only in state companies but also in the private sector. The range of businesses Mizzi headed throughout the years included a number of development projects, so much so that he was a founder member of the MDA.

Read more »

MDA President addresses conference on Launching the CORE Platform

Thursday, September 10th, 2015

Sandro Chetcuti, President of the Malta Developers Association, took part in a panel discussion with the theme ‘CSR and sustainable development’ during the Conference: Launching the CORE Platform held earlier today at San Anton Palace, Attard.
The other speakers on the panel, chaired by Anton Borg, President of the Malta Chamber of Commerce, Enterprise and Industry, were: Abigail Psaila Mamo, CEO, Malta Chamber for SMES (GRTU); Joseph Farrugia, Director General, Malta Employers Association; Andrew Agius Muscat, CEO, Malta Hotels and Restaurants Association; and (in absentia) Dr Marc Sant, President, Local Councils Association.
Read more »

MDA stresses need for serious due diligence process in Residence and Visa Programme for Malta

Saturday, August 29th, 2015

The Malta Developers Association welcomes with satisfaction Government’s decision to launch the Residence and Visa Programme for Malta.

Through this Government programme, more investors are going to be attracted to our country and encouraged to buy or rent quality property. At the same time the minimum price established for property will avoid competition with buyers for cheaper properties.

Read more »

Resource Efficient Buildings : Industry – Academia Networking Event

Saturday, August 22nd, 2015

The Knowledge Transfer Office at the University of Malta is pleased to invite you to the upcoming industry-­academia networking event focusing on the “Resource Efficient Buildings”. Our goal is to provide a platform for a profitable exchange between academics and local companies in order to promote innovative ideas, collaboration and to take advantage of EU funding opportunities.

Read more »

MDA satisfied AUM to use much less pristine land

Friday, August 21st, 2015

The Malta Developers Association welcomes with satisfaction the American University of Malta project and notes that the Government took on board its suggestions, when it drew its attention that too much pristine land (90,000 m2) were to be used for this project.

With this final decision, as announced by the Government, a tangible compromise has been reached. Through the negotiated efforts, the intelligent use of land and public property have been achieved. This minimises the environmental impact and helps to achieve a regeneration of an abandoned and neglected property in Cospicua as well as creating a modern centre of learning in Marsascala, which is to be built on government land earmarked for development and taking up only 18,000 m2 of adjacent land. Read more »

Let’s build a better Malta

Monday, August 10th, 2015

by Sandro Chetcuti

President of the Malta Developers Association

I have been involved in the real estate market for more than 25 years now. I remember people afraid of buying property in secondary roads where it was very difficult to find a street surfaced with tarmac. Experience led me to believe that, during that time, most people preferred to buy land and build their own residence rather than go for houses already owned by somebody else. At the time, developers used to build ground floor and/or first floor maisonettes, however, the ground floor unit was more difficult to sell.

Read more »

Public consultation on energy efficiency in buildings

Tuesday, July 21st, 2015

The Building Regulations Office (BRO) yesterday published the draft document for public consultation on the introduction of the EU methodology to calculate the energy efficiency in buildings.
The following is the media release issued by the Department of Information yesterday. To view the draft document, visit https://secure2.gov.mt/epc/home?l=1.

Read more »

MDA on MEPA demerger

Saturday, July 11th, 2015

The Malta Developers Association notes the controversy that has arisen on Government plans to remove the responsibility for safeguarding the environment from MEPA.

Read more »

L ‘ MDA tigbor Eur43,000 b’rizq il – Community Chest Fund

Thursday, July 9th, 2015

STQARRIJA MILL-MALTA COMMUNITY CHEST FUND

Il-Malta Community Chest Fund tirringrazzja lill-Malta Developers Association għaċ-Ċena ta’ Solidarjetà organizzata b’risq il-Malta Community Chest Fund, fejn inġabret is-somma sabiħa ta’ madwar 43,000 Ewro. Waqt din l-attività attendew bi ħġarhom għadd ta’ imprendituri u rappreżentanti ta’ kumpaniji Maltin u Għawdxin ilkoll f’għaqda waħda b’turija ta’ solidarjetà lejn il-Malta Community Chest Fund. Read more »

FEA affiliates with MDA

Friday, June 26th, 2015

The Federation of Estate Agents (FEA) has become an affiliate member of the Malta Developers Association (MDA). The agreement was signed today (Thursday, 25 June, 2015) at the Palace Hotel, Sliema, in the presence of the Parliamentary Secretary for Competitiveness and Economic Growth, Dr Josè Herrera.

Dr Herrera said that the White Paper to regulate the estate agencies, announced in the 2015 Budget, is to be issued in the coming months. He congratulated the two associations on coming together to face new challenges and noted that apart from the growth in property sales, the presence of many foreigners employed in the igaming, ICT and financial services sectors had also led to a boom in the rental of properties.

Read more »

MDA supports MCAST and ITS students

Tuesday, June 23rd, 2015

The Malta College of Arts, Science and Technology Entrepreneurship Centre has embarked on an agritourism project to train students in the skills and knowledge needed to be successful in the agritourism industry.

Read more »

MDA calls for reform in Lands Department

Tuesday, June 16th, 2015

The Malta Developers Association refers to the controversy that has arisen due to the way the Government acquired part ownership of a property in Old Mint Street, Valletta.

While it waits for the Government’s internal inquiry and the Auditor General’s investigation to throw light on the circumstances of the case, the MDA welcomes with satisfaction the Prime Minister’s declaration that, if something wrong emerges from the investigations, what has occurred will be taken back and all the necessary decisions will be taken to remedy the situation.

Read more »

MDA Community Chest Fund Charity Dinner

Tuesday, June 9th, 2015

Fuq talba tal-President ta’ Malta, għandi pjaċir nistiednek nhar il-Ħamis, 2 ta’ Lulju, 2015, fit-20:00, fejn l-MDA ser tkun qed torganizza serata flimkien mal-Eccellenza Tagħha Marie-Louise Coleiro Preca.

Filwaqt illi l-MDA bħal dejjem għandha pjaċir tlaqqa’ l-membri tagħha f’okkażjonijiet matul is-sena, din id-darba l-għan principali huwa wieħed purament nobbli.

Read more »

MDA and AD hold first ever meeting

Friday, June 5th, 2015

The Malta Developers Association (MDA) and Alternattiva Demokratika (AD) held a cordial meeting this afternoon at The Palace Hotel, Sliema.

Read more »

MDA condemns abuse in irresponsible work from people’s money at Mater Dei

Thursday, June 4th, 2015

The Malta Developers Association (MDA) notes the enquiry report on the provision of concrete that was not of an acceptable level in the building of Mater Dei Hospital.

Read more »

Successful UEPC MDA Event

Thursday, May 21st, 2015

Prime Minister Joseph Muscat referred to the significant announcement of a “major investment” of €400 million, which will be injected in Malta’s economy when he was addressing delegates attending the annual meeting in Malta of the UEPC (European Union of Developers and House Builders) last night at the Palace Hotel, Sliema.

Read more »

MDA promotes sustainable development

Tuesday, May 12th, 2015

The Malta Developers Association was set up between 2010 and 2011, and has steadily grown to represent building contractors, real estate developers and real estate agencies in Malta. Read more »

MDA agrees with educational institution in the south

Tuesday, May 5th, 2015

The Malta Developers Association understands that the project to establish a new teriary level institution is in the national interest and will raise the standard of living in the south of Malta by generating a positive domino effect, creating new jobs and increasing commercial activity, as well as increasing the value of buildings, while giving an impetus for abandoned buildings to be rehabilitated.

It appears that, in this case, Government has managed to attract the investment without a purely speculative project being created. Read more »

MDA asks for 2-month extension for those who sign promise of sale by June

Wednesday, April 29th, 2015

The Malta Developers Association regards Government’s decision to exempt those who are buying their first home (first-time buyers) from paying stamp duty on the first €150,000 as a step that greatly helped the property market to recover. At the same time, the Government’s revenue from the tax on property sales increased and not decreased, as some thought would happen.

The MDA recalls that this scheme was for a year on the MDA’s suggestion and then it was extended by six months for those who made a contract of purchase up to the end of June this year.

Read more »

Information Session – The Energy Performance Certificate

Saturday, April 4th, 2015

The Building Regulation Office (BRO) of the Government of Malta and the Malta Developers Association (MDA) will be organizing an Information Session about the requirement of the The Energy Performance Certificate (EPC) in line with the EU Directive (2010/31 EU) and Maltese Law, specifically the Energy Performance of Buildings Regulations (EPBR) of 2012 (LN376/2012).  Please click on image below for more information.

BRO 20 on 3

MDA welcomes amendments to final tax on property transfers

Monday, March 30th, 2015

The Malta Developers Association welcomes with satisfaction the amendments to the tax on property transfers.

While it was the same MDA that worked and insisted that the reform be made to the final tax on property transfers, the MDA still continued to work so that some further fine tuning will be done due to the need for social justice to be achieved – as in the case of couples who end their engagement and are constrained to sell their first property. Read more »

MDA hold discussions with BRO

Tuesday, March 24th, 2015

The Malta Developers Association is currently holding discussions with the Building Regulation Office on the issuing of Energy Performance Certificates.

The discussions, being held at The Palace Hotel in Sliema, are making good progress. Read more »

MDA disagrees with Opposition assessment of property tax

Monday, February 23rd, 2015

Malta Developers Association refers to what the Nationalist Party (PN) said on the new taxation system on the sale of property.

The MDA believes that the conclusion that this system creates inflation and/or abuse is a misinterpretation of how the property market works. It believes that, in fact, this system will leave a positive effect on the property market and will help to reduce abuse. It must be stated that the PN spokesmen reached this mistaken conclusion without consulting the MDA. Read more »

More photos from 2015 AGM

Tuesday, February 3rd, 2015

Parliamentary Secretary Josè Herrera addresses the MDA 2015 AGM

Parliamentary Secretary Josè Herrera addresses the MDA 2015 AGM

 

Joe Cutajar of MDA Platinum Sponsor Mediterranean Insurance Brokers delivers an address to the AGM

Joe Cutajar of MDA Platinum Sponsor Mediterranean Insurance Brokers delivers an address to the AGM

 

Read more »

Another successful year for the MDA

Tuesday, February 3rd, 2015

Malta Developers Association President Sandro Chetcuti was reconfirmed in his position during the fourth MDA annual general meeting, held today at Le Méridien St Julians Hotel.

Speaking at the end of the AGM in front of a packed Ballroom, including Prime Minister Joseph Muscat, Opposition Leader Simon Busuttil, Ministers Leo Brincat and Michael Farrugia, Parliamentary Secretary José Herrera and MPs from both sides of the House, Mr Chetcuti thanked Government for its support of the property industry “because it understood that this industry is one of the pillars of the economy”. Read more »

MDA President Sandro Chetcuti on Net TV

Friday, January 16th, 2015

The President of the Malta Developers Association Sandro Chetcuti was interviewed on the Net TV programme Iswed fuq l-Abjad on Wednesday, 14 January, 2015.

This is the link to the interview.

MDA takes part in Tackle 4 Dar tal-Providenza

Tuesday, December 30th, 2014

The President of the Malta Developers Association, Sandro Chetcuti, General Secretary Michael Stivala and members of the MDA on Monday, 29 December, 2014, took part in the Tackle 4 Dar tal-Providenza at St Aloysius College, Birkirkara.

After the huge success of L-Istrina 2014 Mr. Sandro Chetcuti encourages everyone to support the Dar tal-Providenza, Siggiewi, in their fund-raising efforts on 1 January, 2015, in recognition of all the great work being carried out.

Read more »

MDA donates €45,000 to l-Istrina

Sunday, December 28th, 2014

The President of the Malta Developers Association, Sandro Chetcuti, and MDA General Secretary Michael Stivala (second and first from right, respectively), presenting a donation of €45,000 to the Malta Community Chest Fund on 26 December, 2014, during l-Istrina at the Mediterranean Conference Centre, Valletta.

The sum was collected from among members during events organised by the MDA during the past year.

MDA donation MCCF 26Dec14

President of Malta hosts MDA members

Monday, December 22nd, 2014

The President of Malta, Marie-Louise Coleiro Preca, hosted members of the Malta Developers Association to a reception at Verdala Palace on Wednesday, 17 December, 2014.

These are some of the photos from the event.

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Dumping is no way to get permits

Thursday, December 18th, 2014

This is the full text of a letter sent to The Malta Independent by MDA Secretary General Michael Stivala on 16 December, 2014:

The Malta Developers Association (MDA) refers to the interview of Professor Alan Deidun published in The Malta Independent (December16), particularly to the introductory part in which Prof. Deidun is reported to have alleged that “Developers are dumping in green areas to degrade the area and help facilitate the issuing of permits.”

Read more »

Quarry owners choose the MDA

Monday, December 15th, 2014

After a meeting held between a number of quarry owners and the President of the Malta Developers Association, Sandro Chetcuti, along with other MDAofficials, agreement was reached enabling these owners to form a group that is to become an MDA associate member.

An exchange of views was held during this meeting on the current problems the quarry owners have and on the need for them to have a means to have their voices heard by the authorities, since it appears that this industry has been allowed to fall behind and is not being given the importance it is due. It also emerged from the meeting that a lot of work needs to be done so that this sector can progress.

The MDA, which is now going to be also the voice of these owners, who also include a number of Gozitans, urged all those who have a commercial activity in this field to join this group within it.

15December, 2014

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Sidien tal-barrieri jagħżlu l-MDA

Wara laqgħa li saret bejn numru ta’ sidien tal-barrieri u l-President tal-Malta Developers Association (MDA) Sandro Chetcuti u uffiċjali oħra tal-MDA, intlaħaq ftehim li permezz tiegħu dawn is-sidien se jiffurmaw grupp li jkun membru assoċjat mal-MDA.

Waqt din il-laqgħa sar bdil ta’ veduti dwar il-problemi attwali li għandhom is-sidien tal-barrieri u l-bżonn li dawn ikollhom il-mezz biex isemmgħu leħinhom mal-awtoritajiet, billi jidher li din l-industrija tħalliet taqa’ lura u mhux tingħata l-importanza li jixirqilha. Minn din il-laqgħa irriżulta wkoll li hemm ħafna xogħol li jrid isir biex dan is-settur jimxi ’l quddiem.

L-MDA, li issa ser tkun ukoll il-vuċi ta’ dawn is-sidien, li jinkludu wkoll numru ta’ Għawdxin, tħeġġeġ lil kull min għandu attività kummerċjali f’dan il-qasam biex jingħaqad ma’ dan il-grupp fi ħdanha.

15 ta’ Diċembru, 2014

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Normal practice that works are carried out during konvenju – MDA

Wednesday, November 19th, 2014

The Malta Developers Association notes that an issue has arisen in the media about works being carried out on a recently developed property, in particular as to who is responsible for such works.

The MDA wishes to point out that it is normal practice for developers to allow purchasers to carry out additional works once a promise of sale (konvenju) has been signed.
Read more »

MDA welcomes Budget with satisfaction

Tuesday, November 18th, 2014

The Malta Developers Association welcomes with satisfaction the measures announced by Government in the Budget Speech, which confirm that Government is giving the property market its due importance, while assuring a level playing field in this sector as well, through efforts aimed at avoiding abuse in taxation.

The measures announced include two that were among the proposals made by the MDA to Government, viz: Read more »

MDA welcomes the implementation of Budget measure on property valuation

Wednesday, November 12th, 2014

The Malta Developers Association welcomes the implementation of the measure announced in the Budget Speech last year that terminates the system whereby the Inland Revenue Department sends its own architect to estimate the value of a property after a property transfer contract is concluded.

This step will continue to contribute to a lessening of the uncertainty of the property market since the property’s value subject to tax will now be determined according to fixed parameters according the the property’s characteristics, which can be applied by any architect.

Read more »

MDA appeals for implementation of long overdue Budget measure

Monday, November 3rd, 2014

The Malta Developers Association cannot understand how a measure announced in the Budget Speech last year has still not been introduced. This is the supposed change in the system where the Inland Revenue Department sends its own architects to estimate the value of a property after a property transfer contract is concluded.

Two weeks before Government is presenting yet another Budget, the current situation is that the system, that was promised to be changed, has stayed the same for a whole year, with the injustices it causes for the buyer and seller of property.

Read more »

Developers do not only work for profit

Monday, October 27th, 2014

Contrary to media reports, MDA President Sandro Chetcuti said in his speech at the meeting between Prime Minister Joseph Muscat and members of the MDA last Tuesday:

(Developers) are ‘doers’, Prime Minister. They are people who do not only work for profit. The people you have in front of you, Prime Minister, are people who take pride in their work, who have the passion to do things right.

Dawn huma nies ‘doers’, Prim Ministru. Dawn huma nies li ma jaħdmux biss għall-profitti. In-nies li għandek quddiemek, Prim Ministru, huma nies li għandhom in-namur tax-xogħol; għandhom il-passjoni u l-pride illi jagħmlu l-affarijiet sewwa.”

PM holds discussion with MDA members

Wednesday, October 22nd, 2014

Prime Minister Joseph Muscat told members of the Malta Developers Association that he continues to question certain bureaucratic procedures and whether they offer solutions to real problems. He was addressing 200 members and guests of the MDA at an event with the theme ‘Discussion for further Progress’ at the Bella Vista Hotel in Qawra.

“This was one of the best years in this sector,” Dr Muscat said. “The merit is yours. Your association gave us a number of proposals which we accepted.”

One of these was the elimination of stamp duty for first time buyers. He committed himself to coming up with other sustainable incentives to bring developments of quality.

Read more »

MDA appeals for greater professionalism at work place

Wednesday, September 24th, 2014

The Malta Developers Association feels it needs to express itself on incidents on construction sites, some of them even with fatal consequences, which are regularly reported.

Without going into the merits of individual cases, the MDA feels that certain amateurism in the construction sector is out of date and that nowadays we cannot do without professionalism in this sector.

Read more »

MDA President Sandro Chetcuti interviewed

Tuesday, August 5th, 2014

Progress, development, eyesores and the environment

Interview with MDA President Sandro Chetcuti in the Malta Independent on Sunday (includes video).

Read more »

Solidarity with Beppe Fenech Adami

Tuesday, July 29th, 2014

The Malta Developers Association publicly expresses the solidarity of its President and council members, as well as of all its members, with the Hon. Beppe Fenech Adami, Deputy Leader of the Nationalist Party, in the difficult time he is going through.

While it wishes him a speedy recovery from his health problems, the MDA also expresses its solidarity with his relatives.

Read more »

MDA Council meets Opposition Leader

Monday, July 14th, 2014

Malta Developers Association President Sandro Chetcuti described the meeting this evening between the Council of the MDA and Opposition Leader Simon Busuttil as “historic” since it was the first time that the Nationalist Party had invited the Association to such a meeting.

Mr Chetcuti introduced the MDA Council and outlined what the Association stands for and how it works. “The MDA is a lobby group that tackles principles and sees the effect of development on the country holistically. We want a level playing field and seek sustainable development that leaves an environment in which investment will obtain greater returns,” he said.

Read more »

MDA supports government on White Rocks development

Tuesday, June 24th, 2014

The Malta Developers Association agrees with the way the government is approaching the development of the site known as the White Rocks.

The MDA augurs that this project be done with foresight because this is one of the most beautiful sites in Malta. The MDA is certain that this project will attract great interest and will create a lot of economic benefit. The site, which is currently in a state of abandonment, can be developed for the upmarket property segment.

Read more »

Developers invited to attend two-day information workshop

Saturday, June 21st, 2014

UGreenS – Lifelong Learning Programme – Leonardo da Vinci – Transfer of Innovation

Sustainability, which involves the optimisation of economic, social and environmental issues, is becoming a key element in buildings and the construction sector in general. The construction industry, being one of the foremost consumers of energy, cannot ignore requirements of sustainable development any longer. Read more »

Utility bills and evictions

Friday, June 20th, 2014

MDA’s suggestions

The Federation of Real Estate Agents has come up with a number of ways to stimulate the rental market, but the Malta Developers’ Association has its own.
It identified two other factors which deter landlords from renting out their properties, hoping to get more on the market which has “exploded” in the past few years. Read more »

Energy performance certificates depend on build quality

Wednesday, June 11th, 2014

The Malta Developers Association refers to the recent press release issued by Flimkien Għal Ambjent Aħjar (FAA) in which it accused MEPA of “appeasing developers” by failing to require new developments to have energy performance certificates. Read more »

MDA at UEPC AGM in Spain

Sunday, June 1st, 2014

Attending the annual general meeting of member states of the Association of European Union Developers (UEPC) in Madrid, Spain, the Malta Developers Association (MDA) has learnt that the housing market adjustment appears to be bottoming out in a number of countries in the European Union. Malta is to host the 2015 AGM of the UEPC next May. Read more »

MDA Council Meets the President of Malta

Sunday, May 11th, 2014

10th May 2014

The MDA Council met the President of Malta Mrs. Marie Louise Coleiro Preca to discuss the way the Malta Devopers Assocation can support the Community Chest fund. Read more »

MDA Council in first official meeting with Parliamentary Secretary Michael Falzon

Friday, May 9th, 2014

The Council of the Malta Developers Association (MDA) today had its first official meeting with the new Parliamentary Secretary for Planning and Simplification of Administrative Processes, Dr Michael Falzon. The meeting, held at Castille, included the announcement of the results of a survey among MDA members. This is the text of MDA President Sandro Chetcuti’s address:

“The Malta Developers Association (MDA) is working and contributing in the most professional way with this administration where we had an excellent relationship with Dr Michael Farrugia and we have no doubt that this relationship will continue to grow with the Hon. Dr Michael Falzon. Read more »

MEPA continues to increase uncertainty

Thursday, May 8th, 2014

PRESS RELEASE

MEPA continues to increase uncertainty

The Malta Developers Association and the Chamber of Architects (KTP) refer to MEPA’s circular 3/14, issued in recent days. While they note that MEPA felt the need to clarify certain existing policies on the development of gardens and courtyards at the rear of buildings, the use of basements for residential purposes and the change of use of garages that are part of residential houses, MEPA is in fact changing its policies unilaterally without giving advance notice and without conducting any type of consultation with the public and with interested bodies like the MDA and the KTP, when these changes are effectively changes in the policies. Read more »

MFMO affiliates with MDA

Tuesday, April 15th, 2014

The Malta Furniture Manufacturers Organisation (MFMO) has become an affiliate member of the Malta Developers Association (MDA). The agreement was signed today (Tuesday 15 April 2014) at St Anthony Woodworks in Mosta in the presence of Economy, Investment and Small Business Minister Christ Cardona.

Dr Cardona praised the two sides for this intelligent move. He said the sector today represented 4% of GDP and employed 12,000. Government is prepared to work with h all the stakeholders and he urged Maltese consumers to recognised high quality local products.

In his remarks at the ceremony MDA President Sandro Chetcuti said the MDA had been set up to safeguard the building industry in the country and to assist the government of the day to achieve its development goals through sustainable projects. Property can be considered a currency and it is important to appreciate how many other industries work within the construction sector.

This is the second industry body to become affiliated within the MDA following the Federation of Building Contractors (FOBC) last year. The MDA is working to be the biggest player in the property and construction sector, including all trades that work so that projects are completed.

Stephen Azzopardi, President of the MFMO, said: “We see this affiliation as a natural step and we are prepared to work jointly for the benefit of the two sides and the workers in this sector.”

The Malta Furniture Manufacturers Organisation (MFMO) was set up in November 2001 with the aim of bringing together local furniture manufacturers in sharing common goals and interests. Today there are some 800 companies operating in the sector employing thousands of people. The organisation seeks to foster closer co-operation between its members and market the ‘Made in Malta’ concept both locally and abroad.

The establishment of MFMO came about as a result of the Sectoral Analysis Report on the Maltese Furniture Industry published in April 2000. The furniture sector report made a number of recommendations that were deemed essential for the sustainable restructuring of the industry. These recommendations not only related to actions that needed to be taken by the individual enterprise but also by the sector as a whole

It was decided that the strategies and objectives as identified in the report would be developed through an action plan outlining the strategy for the implementation of the supporting measures. One objective was the setting up of a furniture trade organisation. The underlying belief is that the industry should assume responsibility for its own destiny.

15 April, 2014

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PRESS RELEASE

L- MFMO tiġi affiljata fl-MDA

L-Organizzazzjoni ta’ Manifatturi tal-Injam ta’ Malta (MFMO) ingħaqdu bħala membri affiljati tal-Malta Developers Association (MDA). Il-ftehim ġie ffirmat illum (it-Tlieta, 15 ta’ April 2014) fis-St Anthony Woodworks, il-Mosta, fil-preżenza tal-Ministru tal-Ekonomija, Investiment u Intrapriżi Żgħar, Dr Chris Cardona.

Dr Cardona faħħar iż-żewġ naħat għal din il-mossa intelliġenti. Semma li s-settur jirrappreżenta 4% tal-Prodott Domestiku Gross (GDP) u jimpiega 12,000 ruħ. Il-Gvern lest jaħdem mal-istakeholders kollha u ħeġġeġ il-konsumaturi Maltin biex jgħarrfu prodott tajjeb lokali.

Fid-diskors tiegħu waqt iċ-ċerimonja, il-President tal-MDA Sandro Chetcuti qal li l-MDA twaqqfet biex tħares l-industrija tal-bini f’pajjiżna u sabiex tgħin lill-Gvern tal-ġurnata jilħaq l-għan tiegħu għal żvilupp u proġetti sostenibbli. Il-proprjetà tista’ titqies bħala currency, u huwa importanti li napprezzaw kemm industriji oħra jaħdmu mal-industrija tal-bini.

Din hi t-tieni għaqda fl-industrija li ġiet affiljata mal-MDA wara l-Federazzjoni tal-Kuntratturi tal-Bini (FOBC) is-sena l-oħra. L-MDA qiegħda taħdem biex tkun l-akbar player fis-settur tal-proprjetà u kostruzzjoni biex tiġbor fiha dawk is-snajja’ kollha li jaħdmu sabiex jiġi komplut proġett.

Stephen Azzopardi, il-President tal-MFMO, qal: “Naraw dan il-ftehim bħala pass naturali u x-xogħol mal-MDA ikun għall-benefiċċju taż-żewġ naħat u l-ħaddiema fis-settur.”

L-Assoċjazzjoni ta’ Manifatturi tal-Injam ta’ Malta (MFMO) twaqqfet f’Novembru tal-2001 bil-għan li tiġbor fi ħdanha il-manifatturi tal-għamara lokali li jaqsmu l-istess interessi. Illum hemm 800 kumpanija f’dan is-settur li jimpjegaw għeluf ta’ nies. L-organizzazzjoni tippromwovi koperazzjoni iktar mill-viċin bejn il-membri u biex jimmarketjaw il-kunċett ta’ ‘Made in Malta’ kemm lokalment u barra mill-pajjiż.

L-MFMO twaqqfet wara li sar Rapport ta’ Analiżi tas-Settur fuq l-Industrija tal-Għamara Maltija ippubblikata f’April tal-2000. Ir-rapport tas-settur tal-għamara għamel numru ta’ rakkomandazzjonijiet li tqiesu essenzjali bies l-industrija tkun tista’ tirristruttura b’mod sostenibbli. Dawn ir-rakkomandazzjonijiet kellhom x’jaqsmu mhux biss ma’ dak li kellu bżonn isir minn intrapriżi individwali imma mis-settur kollu.

Ġie deċiż li l-istrateġiji u l-għanijiet li ġew identifikati fir-rapport jinġabru fi pjan ta’ azzjoni li fih kien hemm l-istrateġija bil-miżuri li jgħinu l-implimentazzjoni. L-għan kien li jitwaqqaf organizzazzjoni tas-settur tal-għamara. Il-fehma hi li l-industrija għandha tieħu ħsieb id-destin tagħha.

15 ta’ April, 2014

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MDA supports MEPA reform

Thursday, March 27th, 2014

The Malta Developers Association (MDA) welcomes the proposals to start the process of
separating responsibility for environment protection from that for development control.
The two functions of the state are important and it makes more sense that one should be
independent from the other. Read more »

New MDA Committee meet with Dr. Michael Farrugia

Thursday, March 27th, 2014

Speaking during a meeting the Malta Developers Association committee had with

Parliamentary Secretary Michael Farrugia, MDA President Sandro Chetcuti recalled
that in the past 12 months the MDA has maintained its intensive contacts with several
ministries and authorities, among them MEPA, which has fallen under Dr Farrugia’s
remit for the past year. Read more »

MDA confirms its confidence in its President

Monday, February 3rd, 2014

The Malta Developers Association refers to media reports on allegations of conflict
of interest, which its President, Mr Sandro Chetcuti, could have due to his personal
voluntary work in the political field.
Read more »

MDA elect new President

Thursday, January 23rd, 2014

Three and a half years after the Malta Developers Association was established to be the highest body and voice of private Real Estate developers in Malta, the association has a new President.

Read more »

MDA and KNPD announce joint initiatives

Monday, December 2nd, 2013

On the eve of Global Disability Week, the Malta Developers Association today announced it has started collaborating with the National Council Persons with Disability (KNPD) and from next month an MDA representative is to sit on the KNPD Test of Reasonableness Board when it considers MEPA applications on accessibility to give the developers’ perspective. Read more »

UEPC welcomes MDA at its AGM

Sunday, November 10th, 2013

A Malta Developers Association delegation is currently in Bucharest, Romania, for the annual meeting of the Association of European Union Developers (UEPC). This is the first time the MDA is attending this meeting and the MDA delegation was welcomed in a highly positive way by the delegates from other countries with whom it exchanged ideas on the latest developments in the European property market. Read more »

MDA proposals for Budget 2014

Sunday, October 27th, 2013

These are the Malta Developers Association’s (MDA) proposals presented to Government for Budget 2014:
1. A one-time concession be given for the year 2014 to those who do not own any property and are buying a property for the first time in their lives so that they will not pay stamp duty.
2. Substantial incentives to encourage the regeneration of our village cores (UCAs), which are being neglected at an alarming rate and there is a huge lack of interests among developers to invest in these localities:
• a substantial reduction in the MEPA tariffs so that houses and properties in these old areas are renovated, even when this involves demolition;
• removal of Capital Gains Tax on the transfer of property in these localities and a tax of 15% on profits will be paid only after the relevant fiscal receipts are presented which show that VAT has been paid; and
• all the village cores should be given fiscal incentives as Special Designated Areas. Read more »

MDA vindicated on vacant properties

Thursday, October 17th, 2013

The presentation on the number of vacant units, given by the Head of the National Statistics Office (NSO) during a recent activity organised by the Kamra tal-Periti, confirms what the Malta Developers Association (MDA) has always maintained, i.e. the number of vacant residential units that results from the last census is not equivalent to the number of vacant units that are up for sale in the property market.
Some aspects of this presentation were reported today in a section of the press. Read more »

MDA SUBMISSION TO MEPA ON FAR

Friday, October 11th, 2013

The Malta Developers Association refers to the notice outlining the objectives of a proposed review of the Floor Area Ratio (FAR) issued by MEPA for public consultation.
MDA is disappointed at the way the document was formulated because, contrary to what it purports to do, many objectives that justify the application of a FAR policy are conspicuous by their absence while the document includes details of policies that should result form a proper assessment of objectives. Read more »

MDA satisfied with sounder Enemalta

Thursday, September 12th, 2013

The Malta Developers Association considers the agreement through which Enemalta Corporation will benefit from Chinese investment as a huge step forward so that the energy sector in Malta will be placed on a firm financial foundation leading to sustainability, while there will be no need for added burdens to be placed on the country’s commercial sector.
Thanks to this agreement, Enemalta Corporation’s debt, which amounts to more than €800 million, will be reduced substantially and become more manageable, and as a result the energy sector will become a driver that assists the country’s economic development instead of hindering it, as it is at present.
12 September, 2013 Read more »

MDA says Mepa permit renewal is not what they requested

Thursday, June 27th, 2013

The Malta Developers Association (MDA) has said the government’s and Mepa’s decision to automatically renew development permits issued after August 2006 was not what it had initially requested.

They said although this decision would help several developers who were in doubt as to whether their permits were going to be renewed, there was a difference between it and the MDA’s requests.

“The MDA’s request originated because of a particular situation: a number of developers possessed building permits when the commencement of works was contraindicated in the prevalent negative climate of the property market,” they said. Read more »

New residence scheme for foreigners launched

Saturday, June 1st, 2013

A new residence programme for foreigners was launched this morning, replacing the foreign residents’ scheme which was controversially suspended in 2011.
Parliamentary Secretary Edward Zammit Lewis said the Global Residence Programme, as the new scheme is called, will allow people who buy high value property and pay taxes in Malta to benefit from a residence permit.
The previous scheme was suspended and initially replaced by the High Net Worth Individuals Scheme which did not prove popular because the minimum value of purchased property had been raised from €116,000 to €400,000.
Under the Global Residence Programme, the value of immovable property bought in Malta by foreigners has to be at least €275,000. However, when the property is in the south of Malta or in Gozo, the minimum value can be €220,000.

Dr Zammit Lewis said that whereas under the High Net Worth Individuals Scheme, applicants would also have been eligible if they rented a property for a minimum of €20,000 annually, that threshold has been lowered to €9,600 in Malta and €8750 in Gozo or the South of Malta.
In the past, third country nationals also needed to place a €500,000 bond with the government and an additional €150,000 per dependant. This provision has been removed.
The minimum tax to be paid in advance has been reduced from €25,000 plus €5,000 per dependant per year to a minimum of €15,000 on income derived in Malta, with further income charged at 15%.
With regard to abuses in the past by people who bought property here but then lived abroad and abuses by those who received health services which exceeded their contribution here, Dr Zammit Lewis said foreign residents under this programme, including their dependants, have to be covered by health insurance. They will not be entitled to free state health services.
The new regulations will be introduced by legal notice by the end of this month.

L-MDA tifraħ lil Simon Busuttil

Wednesday, May 15th, 2013

Il-Malta Developers Association (MDA) tifraħ lill-Onor. Simon Busuttil għall-ħatra tiegħu ta’ Kap tal-Oppożizzjoni.
L-MDA tagħraf il-bżonn li f’demokrazija ħajja bħal tagħna għandu jkun hemm Oppożizzjoni b’saħħitha u tinsab konvinta li l-ħidma tal-Kap tal-Oppożizzjoni ġdid se twassal għal dan il-għan.
L-MDA beħsieba tibqa kontinwament f’kuntatt kemm mal-Gvern kif ukoll mal-Oppożizzjonji sabiex tmexxi ’l quddiem il-fehmiet tagħha dwar is-settur tal-proprjetà u l-kostruzzjoni, settur ferm importanti fl-ekonomija ta’ pajjiżna.
15 ta’ Mejju, 2013
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French National Construction Association (Fédération Française du Bâtiment) meets MDA

Tuesday, May 14th, 2013

An MDA delegation recently met a number of Committee members of the Federation Francais du Batiment (FFB – The French Building Federation) who were meeting in Malta.

The two organisations discussed development problems in Malta and in France and compared the situations in both countries.

FFB has 57,000 member companies of which 42,000 are in craft trades. Its members account for two-thirds of the building industry’s turnover in France where the building industry is the top employer.

MDA hosts UEPC President

Friday, April 26th, 2013

Jean-Paul Florentin, President of UEPC (Union Européene des Promoteurs-Constructeurs – European Union of Developers and House Builders), has been in Malta as the guest of the Malta Developers Association this week.
UEPC, an association of European developers, is recognised as an official group by the European Union for consultation purposes regarding EU decisions on relevant matters. Developers’ associations from the UK, France, Italy, Spain, Holland, Poland, Belgium, the Czech Republic, Rumania and Turkey are UEPC members. Further information on UEPC can be sought at: www.uepc.org.
Mr Florentin is a leading developer in Alsace, France, and is based in Strasbourg. During his visit to Malta Mr Florentin held discussions with the MDA on the possibility of MDA becoming a UEPC member, as well on the situation of developers in Malta and in other EU countries. He met the Hon. Michael Farrugia, Parliamentary Secretary for Planning and Simplification of Administrative Processes, and the MEPA Chairman, perit Vincent Cassar, during courtesy visits and also visited two leading developments in Malta in order to familiarise himself with the local situation.
Although the EU does not have a Commissioner directly involved with development, there are a number of areas in which UE decisions and directives impinge directly on development. These include such issues as the directives on Environment Impact Assessments (EIAs) and on energy efficiency in buildings as well as taxation issues. UEPC has a permanent office in Brussels from which it lobbies with the EU whenever decisions directly or indirectly affecting development are being considered by the various Commissioners.
The MDA is committed to promote sustainable development in Malta, while defending the interests of its members. It intends to become an UEPC member so that it will be possible to lobby officially at a European level in the interest of its members. A change in the UEPC membership fee parameters to make MDA membership affordable is necessary and this is to be made in the coming weeks.
26 April, 2013
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MDA satisfied with new MEPA tariffs

Friday, April 12th, 2013

The Malta Developers Association (MDA) welcomes with satisfaction the measures that have just been announced to lower Malta Environment and Planning Authority (MEPA) tariffs.
This was one of the MDA’s main requests since it always maintained that the tariff structure should reflect the direct costs of MEPA’s service to applicants for permits and not as a means to raise money for other MEPA work that has nothing to do with the development application.
The MDA appreciates the fact that Government has addressed this issue immediately and took action straight away to ensure that justice is done and the construction sector is stimulated.
This measure will positively affect first-time buyers and whoever invests in commercial property, which increases jobs.
The MDA is going to work earnestly so that confidence will once more be restored in the construciton sector without creating an artificial bubble through abuse or lack of sustainable planning.

11 ta’ April, 2013

Minister promises sustainable revival of the property market

Friday, April 5th, 2013

Economic Development Minister Chris Cardona promised measures for a sustainable revival of the real estate sector when he met the Malta Developers’ Association this morning.

He said the government was committed to the Labour election promises. These included the extension of the period during which sellers would have the option of choosing whether to pay capital gains tax or the 12% sales tax. The PL had also promised to reduce stamp duty on purchases by first-time buyers and the removal of the 5% tax on the transfer of the first residential property acquired by inheritance or donation from the parents.

The government is also planning an optional 15% flat tax rate on income from the hire of residential properties.

Dr Cardona said the system where government architects are sent to make valuations after a property is sold will be discontinued, ending the situation where people face high bills months after properties change hands.

Improvements are also being planned for the permanent residents’ scheme.

Association president Michael Falzon welcomed the plans, noting that many of the proposals had been made by the association itself.

Government to revise local plans, consider Mepa fees

Friday, April 5th, 2013

The government will announce the composition of the new Mepa board in the coming days, Parliamentary Secretary for Planning Michael Farrugia said this afternoon.

Speaking at a meeting with the Malta Developers’ Association, Dr Farrugia said the government was planning a revision of the local plans, hoping this revision would be complete by the end of next year when the separation of Mepa’s planning and environment functions will also take place.

MDA president Michael Falzon said that after many of the association’s proposals were included in the (PL) electoral programme, the association had wanted to meet the government to see how these proposals were going to be implemented.

He requested that one of the new Mepa board members would be a developer so that the board could have direct input of how the sector operated.

Dr Farrugia replied that this suggestion would be considered.

The association’s deputy president Sandro Chetcuti, called for a substantial reduction of Mepa development fees “with immediate effect”.

The minister said the fees were being “evaluated”.

L-MDA tifraħ lill-Prim Ministru ġdid

Tuesday, March 12th, 2013

Il-Malta Developers Association (MDA) tifraħ lill-Prim Ministru ġdid għas-suċċess li kellu fl-elezzjoni ta’ nhar is-Sibt u tixtieq twassal il-messaġġ li hi ħerqana biex tikkopera mal-Gvern tiegħu biex is-settur tal-proprjetà jingħata l-importanza mistħoqqa.
L-MDA tfakkar li numru ta’ suġġerimenti tagħha kienu aċċettati fil-Budget li baqa’ ma kienx approvat iżda li se jerġa jitressaq għall-approvazzjoni tal-Parlament, kif ukoll fil-programm elettorali tal-Partit Laburista.
Dan jawgura biex ikun hemm ir-riġenerazzjoni li hemm bżonn fil-qasam tal-kostruzzjoni u tal-proprjetà, permezz tal-fiduċja u l-effiċjenza bil-progress ekonomiku li dan iġib miegħu.

12 ta’ Marzu, 2013

MDA congratulates new Prime Minister

Tuesday, March 12th, 2013

The Malta Developers Association (MDA) congratulates the new Prime Minister for the success he obtained in the elections last Saturday and wishes to convey the message that it is eager to co-operate with his Government so that the property sector will be given the importance it deserves.
The MDA recalls that a number of suggestions accepted in the Budget that was not approved, but is to be moved again before Parliament, were also included in the Labour Party’s electoral manifesto.
This augurs well that there should be the regeneration that is needed in the construction and property sector through the confidence and efficiency as a result of the economic progress that this brings with it.

12 March, 2013
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MDA welcomes FOBC as Associate Member

Sunday, January 27th, 2013

The Malta Developers Association on Friday changed its statute to enable it to accept associate member organisations and immediately welcomed the Federation of Building Contractors (FOBC) as an associate member.
MDA President Michael Falzon expressed satisfaction that the association had, in two short years, become universally acknowledged as the voice of developers, a voice that speaks without fear or favour in the name of its members on the property market.
It has gained recognition from the political forces in the country, the media and those prejudiced against the property market, and has established itself as a serious NGO whose word is respected even by those who do not agree with it.
“As a result of our work, we have placed the property market on the national agenda,” Mr Falzon affirmed. “We have put pressure on the politicians in the country and, for the first time, the property market has been mentioned in the Budget as an economic sector in the country.”
From what has already been announced, the Labour Party will include three measures in its electoral manifesto following requests from the MDA: action on the Permanent Residents Scheme; the introduction of a final withholding tax on income from rent from residential properties; and the automatic renewal of permits that MEPA has already issued.
The Nationalists already announced in their electoral programme that they will include the MDA’s proposal for a final withholding tax on income from rent from residential properties. “I hope when the two manifestos are published there will be further acceptance of the MDA’s proposals, for which it has worked so much,” Mr Falzon said.
MDA disagrees with Alternattiva Demokratika’s electoral pledge to tax vacant property, which creates an imbalance in the property market since prices will no longer be subject only to the rules of the free market.
Mr Falzon dwelt at some length on the issue of renewal of existing MEPA permits. “We are highly disappointed that after months of insistence with MEPA on this issue, including a specific meeting with Minister Mario de Marco, the Authority issued a 26-page consultation document earlier this week introducing an incredible amount of bureaucracy. As a result, a great deal of uncertainty is going to be created with no one knowing where they stand since everything is tied together.”
The MDA objects to this, pointing out that the MEPA board appears to have given up on allowing common sense to prevail among its employees. Mr Falzon outlined the MDA’s stand on the issue.
The incoming council of the MDA is again headed by Mr Falzon. Sandro Chetcuti is Vice-President; Ian Fitzpatrick, secretary; Paul Xuereb, treasurer; and Anton Camilleri, Mario Camilleri, Malcolm Mallia, Euchar Vella and Keith Pillow, members.

26 January, 2013

Laqgha Generali Annwali 2012 – The Palace, Sliema, 25 ta’ Jannar 2013

Friday, January 25th, 2013

Rapport Amministrattiv

Dan hu t-tieni r-rapport annwali tal-Malta Developers Association.
Il-Membri tal- Kunsill tal-Assocjazzjoni maghzula ghas-sena 2012 kienu:
• President Perit Michael Falzon
• Vici President Sur Sandro Chetcuti
• Segretarju Sur Ian Fitzpatrick
• Tezorier Sur Paul Xuereb
• Membri Is-sinjuri Anton Camilleri, Malcolm Mallia, il-perit Paul Micallef, Euchar Vella, (raprezentat ta’ Ghawdex) u Ray Zammit. Is-sinjuri Pierre Galea u Keith Pillow kienu ko-optjati bhala non-voting members tal-Kunsill.
Matul is-sena li ghaddiet saru 24 laqgha ufficjali minn dan il-kumitat, medja ta’ zewg laqghat fix-xahar. Billi, kif tafu, premises taghna ghad ma ghadniex il-laqghat kienu jsiru fil-Cavalieri Hotel, San Giljan bil-permess gentili tal-management ta’ dik il-lukanda.
Illum in-numru ta’ membri tal-Assocjazzjoni jlahhaq mal-170 u matul din is-sena:
• Inhargu 14 il-Press Release bi stqarrijiet b’reazzjonijiet ghal mizuri li jkunu ttiehdu kif ukoll biex jispjegaw il-pozizzjoni tal-MDA fuq diversi kwestjionijiet.
• Is-sottokumitat taghna baqa’ jiltaqa’ regolarment ma’ ufficjali tal-MEPA biex jiddiskuti diversi jkwestjonijiet li jinqalghu minn jum ghal jum bhal, per ezempju, kwestjoni dwar bdil fil-Pjani Lokali li ma kienx qed jidher fuq il-web-site tal-MEPA.
L-akbar probelma li kellna mal-MEPA kienet dwar it-tigdid ta’ permessi li huma diga ezistenti. L-MDA thoss li dan ghandu jkun awtomatiku filwaqt li l-MEPA qed tghid li fejn permessi hargu bi zball kontra l-policies taghha jew fejn kien hemm decizjonijiet tat-Tribunal tal-Appell jew tal-Qorti li interpretaw il-policies b’mod differenti, trid toqghod ghal dawn l-interpretazzjonijiet godda. Saret laqgha mal-Ministru DeMarco fuq din il-kwestjoni. Ghalkemm tnaqqas in-numru ta’ ecezzjonijiet, l-MDA ghada tishaq li l-t-tigdid ta’ permessi ghandu jkun awtomatiku galadarba minn mindu hargu l-permessi li ghadhom validi ma sarx xi bdil fil-policieis jew fil-Pjan Lokali. Barra minn hekk l-incertezza dwar it-tigdid ta’ permessi taghmel pressjoni zejda fuq minn ghandu l-permess biex jibda x-xoghol minkejja li jkun jaqbel li jirrevedi jew jipposponi l-pjani tieghu minhabba c-cirkostanzi prevalenti fis-suq tal-proprjeta’.
Organizzajna zewg laqghat li fihom il-membri taghna setghu jiltaqaghu huma wkoll ma ufficjali tal-MEPA biex jaghmlu l-ilmenti u s-suggerimenti direttament maghhom.
Barra minn dan, l-MDA hadet sehem f’diversi laqghat ta’ konsultazzjoni mal-MEPA, fosthom dwar:
- il-proposti SPED – Strategic Plan for the Environment and Development;
- il-permessi tal-Ambjent;
- proposti dwar arei ta’ open storage;
- proposti dwar l-gholi ta’ lukandi u
- proposti ghal bdil fil-Classes order.

• Bqajna niehdu sehem fil-BICC bir-rapprezenatnt tal-MDA (normalment il-Vici President) jiehu sehem pro-attiv fid-diskussjonijiet li jkun hemm f’dan il-forum.

• Saru diversi laqghat ma ufficjali tal-Awtorita’ tad-Djar dwar skemi ta’ kiri ta’ djar minnghand il-privat. Dawn il-laqghat wasslu biex inhargu skemi b’kondizzjinijet aktar vantaggjuzi ghas-sidien tal-postijiet bl-ahhar skema tkun varata mill-Ministru Chris Said f’laqgha organizzata minnha li fiha kienu mistiedna l-membri kollha taghna.

• Saru diversi laqghat ma ufficjali tal-Enemalta sakemm sar qbil dwar provista temporanja tal-elettriku fuq is-siti tax-xoghol.

• F’Gunju isawwar dokument dwar il-qaghda fis-suq tal-Proprjeta’ bis-suggerimenti taghna biex is-sitwazzjoni titjieb. Dan id-dokument kien diskuss tal-Kap tal-Oppozizzjoni f’laqgha fil 25 ta’ Gunju u mal-Ministru tal-Finanzi f’laqgha fit-12 ta’ Lulju. Ir-reazzjoni kienet wahda pozittiva fiz-zewg kazi. Dawn is-suggerimenti ppubblikajnihom aktar tard waqt Konferenza Stampa li saret fil-15 ta’ Ottubru. Dakinhar enfassizzajna li whud mill-proposti taghna kienu jaqblu maghhom kemm il-Gvern u l-Oppozizzjoni u ghalhekk m’ghandhomx jispiccaw vittma tas-sitwazzjoni poltika jekk il-budget ma jkux approvat, kif fil-fatt gara. Madankollu niehdu gost ninnotaw li fil-budget il-Gvern adotta numru minn dawn is-suggerimenti taghna filwaqt li suggerimenti ohra diga issemmew bhala parti mil-programmi elettotali tal-Partit Laburista

• Saru diversi laqghat mas-Segretarju Permanenti tal-Minsiteru tal-Finanzi dwar il-problema tat-tal-Final Withholding Tax ta’ 12% imposta fuq il-bejgh ta’ proprjeta’ billi l-MDA insistiet li l-bejjiegh ghandu dejjem jibqaghlu l-ghazla li jkun intaxxat b’mod normali f’kull cirkostanza. L-MDA thoss li din il-bidla tista ssir permezz ta’ Avviz Legali u ma kellhiex ghalfejn tithalla biex issir fil-budget. Fil-fatt ghalkemm din iddahlet fil-budget, il-bidla baqghet ma saritx minhabba c-cirkostanzi politici li m’ghandhomx x’jaqsmu mal-bejgh tal-proprjeta’.

• Saret Laqgha mad-Direttur Generali tad-Dipartiment tatt-Taxxi Interni dwar il-mod kif bdiet tinhadem il-Provisional Tax ghal min ix-xoghol principali tieghu hu fis-suq tal-proprjeta’ peress li d-dipartiment beda jassumi li dak li jkun se jkollu l-istess level ta’ bejgh bhas-sena ta’ qabel.

• L-MDA irregistrat ukoll in-nuqqas ta’ qbil taghha mal-proposta ghal taxxa fuq il-proprjeta’ li kienet suggerita mill-GWU fil-memorandum li hi ghamlet bi proposti ghall- konsiderazzjoni tal-partiti poltici meta jkun qed ifasslu l-programmi elettorali taghhom.

• Kellna kuntatti mill-Federation of Building Contractors (FOBC) li ssuggerew li z-zewg assocjazzjonijeit jingahqdu. Wara diskussjoni l-Kunsill tal-MDA qabel li jinbidel l-istatut taghna biex ikun possibli li assocjazzjonijiet ohra jkunu membri assocjati tal-MDA u llum se tkunu mitluba tivvotaw fuq dawn l-emendi. Hawn irrid nirringrazzja lill-Avukat Robert Abela li dejjem sibnih ta’ ghajnunu fi kwestjionijiet legali fejn ghandu x’jaqsam l-istatut u li dejjem joffri l-ghajnunu tieghu minghajr hlas.

• Kellna laqghat mal-perit John Ebejer konsulent tal-Ministeru tar-Rizorsi u Affarijeit Rurali dwa l-Avviz Legali li behsiebu johrog dak il-Minsiteru biex jirregola l-probelma ta’ danni kawzati lil terzi waqt xoghol ta’ bini. Numru ta’ amendi minn naha taghna gew accettati.

• Kellna laqgha ma’ ufficjali tad-Dipartimenmt tal-Kunsill Lokali u mal-Assocjazzjoni tal-Kunsilli Lokali dwar tariffi proposti ghal scaffolding u uzu ta’ cranes f’arei pubblici. Anki hawn numru ta’ amendi suggeriti minn naha taghna gew accetati.

• Fuq talba tal-Ministru Chris Said innominajna lill-Vici President bhala membru fuq il-Property Market Value Index working group filwaqt li l-Ministru Mario De Marco appunta lill-President bhala membru tal-MEPA Users Committee.

• Ghamilna diversi sottomissjonijiet bil-miktub fosthom lill:
- Ministru Chris Said dwar x’jista jsir dwar is-suq tal-rprjeta’ f’Ghawdex peress li dan is-suq illum jinsab dipresssat ferm akatr minn dak ta’ Malta.
- Ministru De Marco dwar il-kiri ta’proprjeta’ ta’ cittadini tal-UE
- Ministru George Pullicino biex jikkonsidra sussidju ghal energy efficiency mhux fis-soqfa biss izda wkoll f’hitan esterjuri.

• Konna mistednin mill-Institute of Health and Safety biex nippartecipaw f’seminar organizzat minnhom.

• Kellna niehdu passi dwar ilmenti fuq numru ta’ zviluppaturi li naqsu milli jissodisfaw l-obbligi taghhom u jispiccaw kif jixraq il-partijiet komuni ta’ blokki li minnhom ikunu bieghu units individwali. Sfortuntament dan hu ilment komuni hafna kontra l-izviluppaturi.

• Gejna mistiedna fuq diversi programmi televizivi fosthom Breakfast Shows, u programmi fuq diversi stazzjonijiet tar-Radio fejn dawk li attendew f’isem l-Assocjazzjoni taghna spjegaw il-pozizzjoni tal-MDA , fosthom il-messagg li s-settur ghandu jithalla jahdem minghajr tfixkil u burokrazjia zejda, u minghajr ma l-izvilupatur jitlob xi tip ta sussidju minghand il-Gvern.

• Ergajna ippartecipajna fil-Property Expo, grazzi ghas-Sur Keith Pillow, li offra stand minn fejn stajna naqdu lill-membri taghna u nitkellmu maghhom.
Nixtieq ghalhekk nirringrazzja lil shabi tal-kumitat li kollha hadmu biex flimkien irnexxielna invaraw diversi inizjattivi, wassalna lehen l-izviluppaturi ma l-awtoritajiet koncernati u mpenjajna ruhna ghall-gid tal-istess membri ta’ l-assocjazzjoni. Biss sahha ta’ din il-hidma, illum l-MDA stabiliet ruhha sew u hi kkonsidrata minn kulhadd bhala l-oghla vuci fis-settur tas-suq tal-proprjeta’.
Nawgura li l-kumitat il-gdid jibqa jahdem ghall-gid tal-membri taghna li hu l-iskop ewlieni ta’ l-assocjazzjoni.

Ian Fitzpatrick
Segretarju

MDA welcomes political commitment to property market

Tuesday, January 22nd, 2013

The Malta Developers Association notes that the property market, which is an integral part of the national economy, is being given attention in the electoral campaign.
The MDA expresses satisfaction that the Labour Party has already made proposals in favour of the Permanent Residents Scheme, tax on rental income from residences through a withholding tax and the renewal of MEPA permits that have already been issued.
It is not only developers who are going to benefit from these proposals but many property owners in Malta and Gozo. These are all issues on which the MDA has been lobbying for a long time in public, as well as through requests in writing that have been made both to the Government and to the Opposition.
The MDA expects the Nationalist Party electoral manifesto, which is going to be approved later this week, will also give due importance to the property market.
The MDA insists with the two parties that the property market is one of the main pillars of our economy, generating employment, other business and services.

22 January, 2013
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L-MDA DWAR Il-PROPOSTI FUQ IT-TARIFFI TAL-ELETTRIKU

Thursday, January 10th, 2013

Il-Malta Developers Association (MDA) tqis li d-diskussjoni politika dwar it-tariffi tal-elettriku li qed issir fil-pajjiz wara li l-Partit Laburista svela l-pproposti tieghu f’dan i-settur bhal zvilupp pozittiv ghax ir-rohs ta’ dawn it-tariffi jista jkun ic-cavetta ghal ekonomija Maltija aktar b’sahhita u vibranti.

L-effett pozittiv fuq l-ekonomija Maltija ta’ rohs tat-tariffi fuq l-iskala indikata mill-Partit Laburista ikun bla dubju wiehed enormi u jistimula n-negozju biex jikkontribwixxi aktar ghal progress u gid fis-socjeta’ Maltija.

Filwaqt li tapprezza l-isforz li sar mill-Partit Laburista biex sawwar il-proposta tieghu, thoss li l-proposta hi tentattiv serju biex tissolva l-problema permezz ta’ progett fattibli ghalkemm tinsab preokkupata dwar kemm hu possibli li l-progett jitlesta f’sentejn.

L-MDA bi pjacir tinnota wkoll li minkejja li l-pajjiz qieghed fil-bidu ta’ kampanja elettorali, l-proposta Laburista wasslet ghal diskussjoni matura dwar is-settur tal-energija, tant li jidher hemm qbil dwar il-bzonn li jsir xi haga dwar it-tariffi tal-elettriku prezenti u dwar l-importanza tal-involviment tas-settur privat fil-qasam tal-energija.

10 ta’ Jannar 2013
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MDA welcomes Government’s positive reaction to its proposals

Wednesday, November 28th, 2012

The Malta Developers Association expresses its satisfaction that in the Budget for next year, announced today, Government has given due importance to the property sector as one of the main pillars of the Maltese economy.
MDA is pleased to note that Government is proposing to take steps about the two most pressing problems in connection with taxation that are currently seriously hindering the sale of property. These concern the issue on the 12% withholding tax on the selling price and the issue regarding property valuations made by government-appointed architects after the deed of sale.
The solutions to these two problems were among a list of steps suggested to Government in order to address the stagnation in the property market – proposals submitted in writing as well as during negotiations during meetings with the Hon. Minister of Finance and officials from his ministry.
MDA is satisfied that the government has acknowledged that its proposals were justified and made sense, to the extent that in the Budget it has announced important steps so that its proposals are positively accepted.
While appreciating that the raising of the ceiling up to which first-time buyers pay 3.5% stamp duty is a positive step, MDA feels that it would have been better if this stamp duty were completely removed in the case of those who are genuinely buying property for the first time.

28 November, 2012
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PRESS RELEASE

L-MDA tilqa’ r-reazzjoni pożittiva
tal-Gvern lejn il-proposti tagħha

Il-Malta Developers Association (MDA) b’sodisfazzjon tagħraf li fil-Budget għas-sena d-dieħla, li ġie mħabbar illum, il-Gvern ta importanza lis-settur tal-proprjetà, bħala wieħed mill-pilastri ewlenin tal-ekonomija Maltija.
L-MDA tinnota bi pjaċir li l-Gvern qed jipproponi li jieħu passi dwar l-aktar żewġ problemi in konnessjoni ma’ tassazzjoni li bħalissa qed ikunu ta’ xkiel serju għal-bejgħ ta’ proprjetà. Dawn huma l-kwestjoni tat-taxxa (withholding tax) ta’ 12% fuq il-prezz tal-bejgh u l-kwestjoni dwar il-valutazzjonijiet ta’ proprjetà li jsiru minn periti mqabbda mill-Gvern wara li jsir il-bejgħ.
Is-soluzzjoni għal dawn iż-żewġ problemi kienu fost lista ta’ passi li l-MDA issuġġeriet li jittieħdu mill-Gvern biex jindirizzaw l-istaġnar fis-suq tal-proprjetà – proposti li saru bil-miktub kif ukoll f’negozjati li saru f’diversi laqgħat mal-Onor. Ministru tal-Finanzi u ma’ uffiċjali tal-ministeru tiegħu.
L-MDA hija sodisfatta ħafna illi l-Gvern irrikonoxxa illi l-proposti li għamlitlu kienu ġustifikati u jagħmlu sens, tant li fil-Budget ħabbar passi importanti biex dawn l-proposti jintlaqgħu b’mod pożittiv.
Filwaqt li tapprezza li ż-żieda fis-ceiling li fuqu l-first time buyers iħallsu 3.5% boll hu pass pożittiv, l-MDA tħoss li kien ikun aktar jaqbel li tneħħa kompletament il-boll fil-każ ta’ min ġenwinament ikun qed jixtri proprjetà għall-ewwel darba.
L-MDA jiddispjaciha tinnota illi s-suġġerimenti tagħha għal riforma fit-tassazzjoni fis-suq tal-kera u għal inċentivi fil-każ ta’ rinovament ta’ proprjetà dilapidata fiċ-ċentri urbani ma ingħatawx l-importanza li wieħed kien jistenna.

28 ta’ Novembru, 2012
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World Bank’s damning report

Thursday, November 8th, 2012

World Bank’s damning report
Malta in 167th place for ease
to obtain a construction permit

The Malta Developers Association has noted that in a comparative analysis carried out by the World Bank concerning the ease with which one can pursue business activities in 185 countries, Malta ended up in the 102nd place. This means that there are another 101 countries where pursuing a business is easier than in Malta. Read more »

PROPOSTI GHAS-SUQ TAL-PROPRJETA

Monday, October 15th, 2012

Is-sitwazzjoni fis-suq tal-proprjeta’ ilha tmur lura ghal ftit zmien mhux hazin. L-inceretezza rizultat tas-sitwazzjoni politika prezenti qed tkompli tikkomplika is-sitwazzjoni u tnaffar l-investiment fil-proprjeta’. Read more »

MDA calls for remedies to preclude

Friday, August 31st, 2012

The Malta Developers Association has taken note of the recently announced overhaul of MEPA penalties for illegal development, following the publication of two Legal Notices that will come into force as of 24 November, 2012. Read more »

MDA mourns Dom Mintoff

Wednesday, August 22nd, 2012

The Malta Developers Association joins the rest of the Maltese people in mourning the passing away of former Prime Minister Dom Mintoff, who is recognised by everyone as a politician who has indelibly influenced the historical course of our nation. Read more »

Public property being undervalued

Monday, July 30th, 2012

Discrimination against Maltese
and Gozitan developers

In its last meeting the Council of the Malta Developers Association (MDA) discussed recent reports in the press saying that parcels of land within the Smart City site are being offered for sale to individual developers. Read more »

MDA wants minimum 2.75m floor-to-ceiling height to be permanent

Saturday, July 14th, 2012

The Malta Developers Association (MDA) said today that it welcomes the decision of the General Services Board to approve the issue of a legal notice that will empower the Malta Environment and Planning Authority to sanction residential units that are not in accordance with sanitary law when these breaches are not extensive and concern the size of internal and back yards, floor to ceiling height and rooms built in the back yard. Read more »

Developers eye Muscat’s land reclamation idea with interest

Thursday, June 28th, 2012

Labour leader Joseph Muscat said his party’s proposals for any future land reclamation project would only be “project-driven” and carried out only if they are “economically sustainable”.

Muscat was answering questions during a meeting he held with the Malta Developments Association, in which he expressed support for the MDA’s name-and-shame register of abusive construction developers.

The MDA said it was interested in the idea for land reclamation projects. “We are looking at this proposal with an open mind,” MDA president Michael Falzon said. “We hope any studies by a new Labour government will not come with preconceived outcomes as happens in other studies.” Read more »

Enemalta u MDA inizjattiva tal meters temporarji

Friday, June 8th, 2012

EnemaltaIl-Malta Developers Association (MDA) ghandha l-pjacir thabbar li sar qbil mal-Enemalta biex din il-Korporazzjoni tibda taghti servizz temporanju ta’ elettriku fuq lantijiet tax-xoghol.

Din kienet wahda fost l-inizjattivi li hadet l-MDA, tant li ila fuq sena tiddiskuti mal- Korporazzjoni Enemalta sabiex din tniedi servizz temporanju tal-elettriku fuq siti ta’ kostruzzjoni u fuq lantijiet tax-xoghol. Read more »

Government urged to take up MDA suggestions

Monday, June 4th, 2012

The Malta Developers Association refers to the reaction of the Finance Minister regarding the concern expressed by the European Commission on the increase in problematic property loans and their impact on the Maltese banking sector. Read more »

Developers’ association investigating complaints

Friday, June 1st, 2012

A board has been set up by the Malta Developers Association to investigate public complaints against developers.

The MDA said in a statement that since all complaints received concerned developers who were not its members, it could not take action against them, but it promised to do its utmost to help all who wrote to it. Read more »

MDA insists that a holistic plan is needed

Tuesday, May 22nd, 2012

The Malta Developers Association (MDA) refers to the news that Government has announced a scheme to exempt the payment of stamp duty on the transfer of shares between those who inherit property in Urban Conservation Areas – UCAs or Grade 1 and 2 buildings. It was also announced the Government intends to introduce more fiscal incentives on the rental and sale of these properties.

Read more »

MDA WARNS DEVELOPERS ON ETHICS BREACHES

Monday, May 21st, 2012

The Malta Developers Association (MDA) has received a number of complaints from persons who bought apartments with the condition that the developer had to finish the common parts in an indicated time frame and subsequently this work was not carried out. In some cases buyers completed the finishing works inside the flat but their property cannot be used since the developer failed to honour his commitments. Read more »

MDA defends MEPA permits

Monday, May 21st, 2012

The Malta Developers Association (MDA) refers to a press release issued by Flimkien għal Ambjent Aħjar and the Ramblers’ Association in which they described the recent approval by MEPA of a permit for a development in Madliena as “abusive”.
While not entering into the architectural merits of the proposed development, MDA strongly insists that MEPA permits that respect the published and legally binding zoning and planning policies of the areas for which they are issued can never be termed as “abusive” and the use of this term by the two NGOs reflects an incredible arrogance that leads them to consider any development with which they do not agree as abusive.
MDA acknowledges that individuals and organisations have a right to object to development proposals, but this right does not give them the faculty to arrogate to themselves the power to act as the final arbiters on development proposals, as the two NGOs have done in this case.
Indeed the spurious and irresponsible use of the term “abusive” is in fact an abuse of the right of the NGOs to object and disagree with any development.

18 May 2012

L-AWTORITÀ TAD-DJAR TGĦIN KOPPJI U FAMILJI JIXTRU PROPRJETAJIET

Thursday, May 17th, 2012

Gvern u l-Awtorità tad-Djar qed jgħinu familji u koppji Ŝgħazagħ billi jipprovdulhom sussidji fuq l-imgħax f’kaŜ ta’ self għax-xiri tal-ewwel residenza jew fuq il-kirja ta’ postijiet. Anzjani qed jingħataw għajnuna sabiex jirranāaw ir-residenzi li jgħixu fihom. L-Awtorità tad-Djar qed tgħin ukoll lis-sidien ta’ proprjetajiet privati billi qed tikri mingħandhom residenzi vojta, u filwaqt li tiggarantilhom dħul għal perjodu ta’ mill-anqas 10 snin, terāa’ tikrihom lill-klienti tagħha.

Waqt laqgħa ta’ informazzjoni organizzata mill-Awtorità tad-Djar mal-Assoëjazzjoni tal-IŜviluppaturi Maltin (Malta Developers Association), il-Ministru tal-Āustizzja, Konsultazzjoni Pubblika u l-Familja Chris Said qal li dan l-aħħar l-Awtorità tad-Djar nediet 17-il skema differenti.

Dawn l-iskemi huma intiŜi primarjament sabiex jgħinu lil numru ta’ familji, koppji ŜgħaŜagħ u anzjani jaslu biex jixtru djarhom jew inkella jikru mingħand il-privat. Bejn l-2008 u l-2011, madwar 12,000 familja jew individwu gawdew minn waħda mill-iskemi tal-Awtorità tad-Djar. L-aktar skema popolari kienet dik tas-sussidju fuq il-kera tant li fl-erba’ snin li għaddew 5,288 familja gawdew minnha.

Il-Ministru Chris Said qal li permezz tal-Iskema Kiri mnedija fix-xhur li għaddew, l-Awtorità tad- Djar irëeviet aktar minn 400 applikazzjoni minn sidien ta’ djar u appartamenti privati li jridu jikruhom lill-Awtorità tad-Djar għal perjodu minimu ta’ 10 snin. Dawn il-proprjetajiet jerāgħu jinkrew mill-Awtorità lill-klijenti tagħha. Din l-iskema diāà kienet suëëess u għaldaqstant il-Gvern u l-Awtorità tad-Djar ħassew li għandha tiāi estiŜa b’mod indefinit. Ir-regolamenti kienu rfinuti sabiex il-proëess tal-applikazzjoni jkun simplifikat, filwaqt li l-iskema issa se tkun miftuħa wkoll għal postijiet āebel u saqaf. F’kaŜ li l-Awtorità tad-Djar issib li l-postijiet ikunu tajbin għall-kiri, issidien jingħataw perjodu ta’ Ŝmien ëans sabiex ilestu x-xogħlijiet b’tali mod li jkunu jistgħu jinkrew. Is-sidien jistgħu jibbenefikaw minn rata ta’ taxxa vantaāājuŜa ħafna ta’ 5% flok ir-rata massima normali ta’ 35%.

Il-Ministru Chris Said fakkar ukoll li bħalissa l-Awtorità tad-Djar poāāiet għall-bejgħ bi prezz issussidjat 123 fond residenzjali u 98 garaxx fi 15-il lokalità differenti. Hu qal li qed tinħadem skema oħra intiŜa biex tgħin lil dawk li jridu jixtru l-ewwel proprjeta’ tagħhom mingħand il-privat.

MDA submissions on strategic objectives of development plan

Monday, April 23rd, 2012

The Malta Developers’ Association (MDA) has made submissions to the Malta Environment and Planning Authority (Mepa) as part of the public consultation exercise following its publication of a draft document setting out the strategic objectives of the Strategic Plan for Environment and Development (SPED).

The submissions reflect the discussions carried out on the issue in the MDA council as well as in the BICC, the Building Industry Consultative Council.

Basically, the strategic objectives set out in the draft document should not be unduly controversial, the MDA said. However, it said in its submissions, the timeframe for the finalisation of SPED is too short and such an important document merits more discussion between all interested parties. The time allotted for the second stage – the drafting and the eventual finalisation of SPED – is certainly too short.

The MDA said the launching of SPED before the publication of the results of the census just carried out by the NSO is contra-indicated. One cannot define proper objectives as the draft document sets out to do without first scrutinising the current situation. The examination of the current situation is therefore flawed as it is not based on hard facts, as these hard facts are not yet in hand.

The issue of vacant properties is one of the more serious issues as far as the current situation is concerned. The document refers to a “guess estimate” of the number of vacant properties in Malta and Gozo. The census results on this figure (which is not yet known) needs to be followed up by a study in which a scientific sample of the vacant properties listed in the census are investigated so that one can arrive at a breakdown of the number of vacant properties, distributed according to the various reasons why the properties are vacant. The actual property situation and the demand and supply equation need to be researched scientifically before one can set out serious planning objectives in this area. Anything else is just guesswork: One can only keep guessing at what the strategic objectives regarding development of housing units should be.

The MDA said Mepa has failed to solve the problems resulting from the published, approved Local Plans and keeps refusing permits for proposed development that is within the parameters of the approved Local Plans. Attempting to solve this problem after SPED is approved will lead to a prolonged period of instability in the property market as we are in a position where one cannot be certain that a development according to Local Plan parameters will be approved. This means that the value of property within Local Plan areas is uncertain. Hurrying up SPED to solve this problem will lead to more mistakes and the Local Plans issues should be tackled as a priority.

Indicating particular policies at this stage – such as has been done in the case of semi-basements and penthouses – is a mistake as it gives the impression that they are the most important polices to be revised.

Changing existing policies in a way that decreases the development potential of sites when compared with the present situation is a very delicate issue as it could negatively impact on the assets of the private property owner, more so when the property in question would have been bought at a price that reflects the development potential at the time of the purchase. Apart from the inherent injustice in such moves, this also continues to contribute to an exacerbation of the uncertainty in the property market, with negative economic consequences.

The draft SPED objectives fail to highlight the problem of Gozo’s shrinking economy and effective resident population. There is no mention of a possible permanent link between the islands, even though the same Cabinet which approved the document approved the use of EU funding for studies about such a link. The document ignores the possibility of this link materialising during the period when SPED will be in force.

SUBMISSIONS ON STRATEGIC OBJECTIVES OF SPED

Thursday, April 19th, 2012

The Malta Developers Association has officially submitted the following comments to MEPA as part of the public consultation exercise following its publication of a draft document setting out the strategic objectives of the Strategic Plan for Environment and Development (SPED). These submissions reflect the discussions carried out on the issue in the MDA Council as well in the BICC.

Basically, the strategic objectives set out in the draft document should not be unduly controversial. However we feel we have to point out the following comments:

1. The time-frame for the finalisation of SPED is too short and such an important document merits more discussion between all interested parties. The time allotted for the second stage – the drafting and the eventual finalisation of SPED – is certainly too short.
2. The launching of SPED before the publication of the results of the census just carried out by the NSO is contra-indicated. One cannot define proper objectives as the draft documents sets out to do without first scrutinising the current situation. The examination of the current situation is therefore flawed as it is not based on hard facts, as these hard facts are not yet in hand.
3. The issue of vacant properties is one of the more serious issues as far as the current situation is concerned. The document refers to a ‘guess estimate’ of the number if vacant properties in Malta and Gozo. The census results on this figure (which is not yet known) needs to be followed up by a study in which a scientific sample of the vacant properties listed in the census are investigated so that one can arrive at a breakdown of the number of vacant properties, distributed according to the various reasons why the properties are vacant. The actual property situation and the demand and supply equation needs to be researched scientifically before one can set out serious planning objectives in this area. Anything else is just guesswork: one can only keep guessing at what the strategic objectives re development of housing units should be.
4. MEPA has failed to solve the problems resulting from the published approved Local Plans and keeps refusing permits for proposed development that is within the parameters of the approved Local Plans. Attempting to solve this problem after SPED is approved will lead to a prolonged period of instability in the property market as we are in a position where one cannot be certain that a development according to Local Plan parameters will be approved. This means that the value of property within Local Plan areas is uncertain. Hurrying up SPED to solve this problem will lead to more mistakes and the Local Plans issues should be tackled as a priority.
5. Indicating particular policies at this stage – such as has been done in the case of semi-basements and penthouses – is a mistake as it gives the impression that they are the most important polices to be revised. The published document purports to define overall objectives of SPED and policies resulting from these objectives are to be defined later. Otherwise when the actual exercise to establish the SPED document is carried out, one would be faced with a pre-determined fait accompli on particular pre-indicated issues that hinder the freedom of action and choice of policies that should be the starting point of the SPED document.
6. Changing existing policies in a way that decreases the development potential of sites when compared with present situation is a very delicate issue as it could negatively impact on the assets of the private property owner, more so when the property in question would have been bought at a price that reflects the development potential at the time of the purchase. Apart from the inherent injustice in such moves, this also continues to contribute to an exacerbation of the uncertainty in the property market, with negative economic consequences.
7. The document that is to follow the establishment of the strategic objectives of SPED should not contain a plethora of policies and should be as simple as possible. The present situation where there are overlapping and contradictory policies should be avoided.
8. The draft SPED objectives fail to highlight the problem of Gozo’s shrinking economy and effective resident population. There is no mention of a possible permanent link between the islands even though the same Cabinet which approved the document approved the use of EU funding for studies about such a link. The document ignores the possibility of this link materialising during the period when SPED will be in force.

19th April 2012

Final withholding tax increasing property prices artificially – MDA

Friday, April 13th, 2012

The 12 per cent final withholding tax on property is increasing prices artificially., the Malta Developers Association said this morning.

In a statement, it expressed concern at the way the property market is being taxed by the government, in particular the imposition of the final withholding tax on the market value of the property that is being sold.

It appealed to the Finance Minister to take the steps that would lead to the resolution of the problem as quickly as possible.

“It appears that government is refusing to recognise that the property market is not what it was and it continues to insist that market values have remained the same as they were a few years back, when in reality the situation has changed totally.

“When this market is in difficulty, it is in the interest of the national economy that there will be no obstacles to the process of what should be a free market – that is, a market that leads to the rising and falling of prices according to circumstances,” the MDA said.

It said that, with the current system, there were too many instances when the final withholding tax on what the government believed to be the market value was so high that it exceeded the capital gain that was supposed to be taxed.

“This discourages the possibility that prices will go down and is putting those who are under pressure to sell their property at low prices because of bank loans and other factors in an impossible situation.”

The association acknowledged that developers had to face the consequences of the risks they took and not expect the government to help them or subsidise them in any way.

However, the tax imposed should be just and not one that led to an artificial increase in property prices when the circumstances indicated otherwise.

The association therefore appeals to the Finance Minister to take the steps that will lead to the resolution of the problem as quickly as possible.

MDA concerned on the way property is being taxed

Friday, April 13th, 2012

The Malta Developers Association (MDA) is preoccupied with the way the property market is being taxed by the Government, in particular the imposition of the 12% Final Withholding Tax on the market value of the property that is being sold.

It appears that Government is refusing to recognise that the property market is not what it was and it continues to insist that market values have remained the same as they were a few years back, when in reality the situation has changed totally.

When this market is in difficulty, it is in the interest of the national economy that there will be no obstacles to the process of what should be a free market – that is, a market that leads to the rising and falling of prices according to circumstances.

The MDA feels that, with the current system, there are too many instances when the Final Withholding Tax of 12% on what the Government believes to be the market value is so high that the tax exceeds the capital gain that is supposed to be taxed. This discourages the possibility that prices will go down and is putting those who are under pressure to sell their property at low prices because of bank loans and other factors in an impossible situation.

The Association acknowledges that developers have to face the consequences of the risks they have taken and not expect the Government to help them or subsidise them in any way. All the Association is asking is that the tax imposed by the Government will be just and not one that leads to an artificial increase in property prices when the circumstances indicate otherwise.

The Association therefore appeals to the Finance Minister to take the steps that will lead to the resolution of the problem as quickly as possible.

13 April, 2012

Fourth edition of HSBC Advance Property Expo to introduce homes aspect

Monday, February 27th, 2012

New dates have been announced for the HSBC Advance Malta Property & Homes Expo at the Malta Fairs and Convention Centre, Ta’ Qali.

Addressing the media at the Grand Hotel Excelsior, Keith Pillow, Chief Executive Officer of Duplex Real Estate Branding, organisers of the expo, said the new dates are between Friday, 13 April, and Sunday, 15 April, 2012.

“Since the HSBC Advance Malta Property Expo was launched in 2009, the event has grown bigger in terms of the number of exhibitors and visitors, with every effort made to generate interest and introduce more attractions,” Mr Pillow said.

“This year, the homes aspect, particularly interiors, will be another highlight, ensuring that the expo will appeal to a wider audience with an enhanced visitor experience.”

This annual event is now much anticipated and people no longer ask what it is about but make a point to visit because they know what a high level of exhibitors they can expect to find. Right from the first edition, when the expo won Highly Commended Best Exhibition Platform at OPP (Overseas Property Professionals) Industry Awards 2009, the event has been raising the bar for this national property event.

A total exhibition area of 6,500 m2 has been reserved, with the major focus remaining the major developments on the islands, real estate agencies, and all those supplying services to the real estate market.

Many companies make special offers around the expo, ensuring visitors get greater benefit from attending. “We’ve heard that the best time to buy or sell a property is at the expo,” Pillow said. “This is obviously our intention.”

There will also be a number of competitions during the expo with attractive prizes, including an iPad to the event’s Facebook page every day of the event, and there would shortly be an invitation to the public to register for a limited number of places at a three-day course to be run by Re/Max on how to take up a career in real estate.

Pillow thanked the exhibition partners, primarily HSBC Advance, represented by Ray Briffa, Head of Branch Banking and Deputy Head of Retail Banking and Wealth Management; the MFCC, represented by Gerald Borg, Managing Director; the Malta Developers Association, represented by Michael Falzon, President, Sandro Chetcuti, Vice-President, and Ian Fitzpatrick, Secretary; and Re/Max, represented by CEO Jeff Buttigieg.

Ray Briffa said this was the fourth year that HSBC was sponsoring the expo. “The expo is a fantastic opportunity to bring together buyers, developers and estate agents in one location. It helps to identify what people are planning for the future and to identify key trends for the industry,” he said.

Sandro Chetcuti said the Malta Developers Association was very happy to be working closely with Duplex on this year’s HSBC Advance Property & Homes Expo.

“During the Expo MDA will have a stand not only to represent the members but also to assist the public by giving them professional advice. Any information, concerns and questions they might have about dealing with Mepa, civil rights questions, developers’ responsibilities vis-à-vis third parties, procedures in buying or selling, and much more, could be discussed with professionals on the MDA stand at no cost.”

New scheme will not solve problems of abandoned buildings in urban centres

Monday, February 20th, 2012

Although the government’s newly announced scheme, granting financial assistance to property owners who carry out rehabilitation works on scheduled properties or in urban conservation areas, is a positive one, it will not solve the problem of abandoned buildings in urban centres, the Malta Developers Association said.
In a statement, the MDA hoped the Government will face this problem in a holistic manner for the country to work seriously to its resolution.
The MDA said it has been stressing for the introduction of incentives to encourage developers to invest in the rehabilitation of old homes in urban centres, including lowering tax duty on the sale of properties and the refunding of Mepa tariffs for works done in these places.
There also needs to be a revision of Mepa policies so that the process leading to the issuing of the necessary permits for rehabilitation will be less bureaucratic and with more common sense.
“It is only when the government looks at the problem from a wider perspective than that allowed by the scheme that was just announced that the country will manage to stop the damage to the environment and the country’s architectural heritage that is being cause by these abandoned properties,” the MDA said.

Developers, estate agents warn of slowdown, layoffs

Thursday, February 16th, 2012

Developers and estate agents warned today that further economic uncertainty may result in substantial layoffs in the industry and a slowdown which will also impact the banks.

In a joint statement, the Malta Developers Association (MDA), the Federation of Building and Civil Engineering Contractors (FOBC) and the Federation of Estate Agents (FEA) said the current situation of economic uncertainty was a source of concern and may cause the already ‘precarious’ situation of the property market to deteriorate further.

“Although it has emerged that so far the employment figures are satisfactory, the three associations fear that if the economic uncertainty continues to persist, the situation in the construction sector will continue to deteriorate, resulting in a slowing of the rhythm of this major motor of the economy in our country and considerable job losses in the sector, to the extent that it will not be possible for the unemployed to be absorbed in other sectors of the economy, as has happened so far,” the associations said.

“Apart from that, the slowdown in the activity in the property market can have a negative impact on the financial institutions, to the extent that the banks have already complained that requests for house loans have reduced drastically.”

They said that a lot of work could be done to modernise existing buildings, but people were not taking such decisions because of the current situation of uncertainty.

The three associations also insisted their their sector should be represented on the Malta Council for Economic and Social Development (MCESD) because of its importance for the economy.

Political & Economical Situation in Malta Feb 2012

Thursday, February 16th, 2012

Il-Malta Developers Association (MDA), il-Federation of Building and Civil Engineering Contractors (FOBC) u l-Federation of Estate Agents (FEA) jixtiequ jigbdu l-attenzjoni tal-pubbliku u tal-awtoritajiet dwar is-sitwazzjoni attwali li fiha jinsabu l-membri taghhom li huma ferm preokkupati bl-incertezza ekonomika li hawn prezentement u li qed tkompli taggrava is-sitwazzjoni diga imweghra fis-suq tal-proprjeta’.

F’dan il-kuntest it-tlett assocjazzjonijiet ifakkru li l-operaturi tas-suq tal-proprjeta’ u kostruzzjoni mhumiex rapprezentati fl-MCESD u ghaldaqstant dan ifisser li mhumiex qed jinghataw spazju biex isemghu lehenhom f’dan il-forum minkejja li dan is-settur huwa daqstant importanti ghall-ekonomija Maltija.

Ghalkemm jirrizulta li s’issa il-figuri ta’ dawk li jahdmu huma sodisfacenti, it-tlett assocjazzjonijiet ihossu li jekk dawn l-incertezzi ekonomici ikomplu jippersistu, s-sitwazzjoni fis-settur tal-kostruzzjoni se tkompli tehzien bir-rizultat li jitnaqqas ir-ritmu ta’ dan il-mutur ewlieni tal-ekonomija ta’ pajjizna u jintilfu ghadd konsiderevoli ta’ impjiegi f’dan is-settur, tant li dawk li jispiccaw bla xoghol ma jkunux jistghu ikunu asorbiti f’setturi ohra tal-ekonomija kif gara s’issa.

Barra minn hekk, t-tnaqqis ta’ attivita’ fis-suq tal-proprjeta’ jista jimpatta b’mod negattiv fuq l-istituzzjonijiet finanzjari, tant li l-Banek diga qed jilmenatw li t-talbiet ghal self ghal xiri ta’ djar naqsu drastikament.

L-operaturi ta’ dan is-settur ihossu li jista’ jsir hafna xoghol ta’ zvilupp permezz ta’ modernizzar ta’ bini ezistenti, xoghol li llum hadd ma hu qed ikun inkoraggit jidhol ghalih anki minhabba s-sitwazzjoni ta’ incertezza prezenti.

It-tlett assocjazzjonijiet ifakkru li l-attivita’ ekonomika li jiggenera s-suq tal-proprjeta’ hi wahda li minnha jgawdu diversi negozji u nies impjegati ghal rashom apparti dawk impjegati direttamnent fis-settur. Dawn kollha qeghdin fil-periklu li jintlaqtu b’mod negattiv.

16 ta’ Frar 2012

Id-dritt ta’ proprjetà ma jinkludix id-dritt ta’ veduti fuq proprjetajiet ta’ terzi – MDA

Thursday, February 9th, 2012

Il-Malta Developers Association (MDA) tirreferi għal rapporti fil-media dwar studju ambjentali (Environmental Planning Statement – EPS) sottomess lill-MEPA dwar żvilupp propost fuq tlett siti ħdejn xulxin fl-inhawi magħrufa bhala Ta’ Masrija, limiti tal-Mellieħa.

L-MDA taqbel totalment mal-istqarrija illi s-Sistema ta’ Ippjanar ma tistax tkun mistennija tipprotegi veduti gawduti minn sidien ta’ proprjetà minn fuq proprjetajiet ta’ terzi. Fil-fatt l-hekk imsejjaħ ‘dritt għal veduti’ qatt ma kien parti mid-dritt tal-proprjetà f’Malta u qatt ma kien protett minn xi sistema ta’ ppjanar, inkluż dik prevalenti llum fil-pajjiż.

F’dan il-każ, is-siti in kwestjoni huma fiż-żona ta’ żvilupp u għaldaqstant l-applikazjonijiet għal żvilupp għandhom ikunu ikkonsidrati skond il-parametri li japplikaw għas-sit.

Mingħajr ma tidhol fil-meriti speċifiċi tal-applikazzjonijiet partikolari involuti fil-każ, l-MDA issostni dawn il-prinċipji li għandhom japplikaw għal siti bħal dawk fl-inħawi Ta’ Masrija, fil-Mellieħa:

1. Id-dritt tal-proprjetà ma jinkludix id-dritt ta’ veduti fuq proprjetajiet ta’ terzi.
2. Permessi għal siti f’arei għal żvilupp għandhom ikunu kkonsidrati mill-MEPA bħala tali u żmien twil ħafna fl-ipproċessar ta’ tali applikazzjonijiet ma jista qatt ikun ġustifikat.
4. Id-dritt ta’ żviluppaturi għal permessi ta’ żvilupp m’għandux ikun soġġettat għal konsiderazzjonijiet ta’ provista u domanda fis-suq tal-proprjetà għaliex huma biss l-iżviluppaturi konċernati li jissograw flushom f’proġetti ta’ żvilupp. Il-MEPA ma hix – u m’għandhiex – tassumi r-rwol ta’ regulator li jindaħal fis-suq ħieles billi timponi restrizzjonijiet bażati fuq konsiderazzjonijiet ta’ suq flok fuq konsiderazzjonijiet ta’ ippjanar.

Property ownership does not include right for views over third-party property – MDA

Thursday, February 9th, 2012

The Malta Developers Association (MDA) refers to reports in the media regarding the Environmental Planning Statement (EPS) submitted to MEPA on the proposed development of three adjacent sites in the Ta’ Masrija area, limits of Mellieha.

MDA agrees totally with the statement that the Planning System cannot be expected to protect views enjoyed by property owners over third-party properties. In fact the so-called right for views has never been a part of the rights of property in Malta and was never protected by any planning regime, including the current one prevailing in the country.

In this case, the sites in question are within the development zone and therefore applications for development should be considered according to the parameters applicable to the site.

Without entering into the specific merits of the particular applications involved, MDA reiterates the following principles that should apply to sites such as the ones in Ta’ Masrija area, Mellieha:

1. Property ownership does not include right for views over third-party property.
2. Permits for sites within development areas should be treated as such by MEPA and an inordinate time in processing relevant applications can never be justified.
3. The rights of developers for development permits should not be subject to considerations of supply and demand in the property market as it is solely the developers concerned who decide to risk their own money in development projects. MEPA is not – and should not – assume the role of a regulator that interferes in the free market by imposing restrictions based on market considerations rather than on planning ones.

Owners do not have right for views from their properties – developers

Thursday, February 9th, 2012

The Malta Developers Association (MDA)insisted today that the planning system cannot be expected to protect views enjoyed by property owners over third party properties.

The MDA issued a statement in reaction to the Environmental Planning Statement (EPS) submitted to Mepa on the proposed development of three adjacent sites in the Ta’ Masrija area, limits of Mellieha.

“MDA agrees totally with the statement that the Planning System cannot be expected to protect views enjoyed by property owners over third-party properties. In fact the so-called right for views has never been a part of the rights of property in Malta and was never protected by any planning regime, including the current one prevailing in the country,” the association said.

In this case, it said, the sites in question are within the development zone and therefore applications for development should be considered according to the parameters applicable to the site.

The rights of developers for development permits should not be subject to considerations of supply and demand in the property market

The MDA said property ownership does not include right for views over third-party property. Applications for permits for sites within development areas should be treated as such by MEPA and an inordinate time in processing relevant applications can never be justified.

“The rights of developers for development permits should not be subject to considerations of supply and demand in the property market as it is solely the developers concerned who decide to risk their own money in development projects. MEPA is not – and should not – assume the role of a regulator that interferes in the free market by imposing restrictions based on market considerations rather than on planning ones,” it added.

MDA ON NEW HOUSING AUTHORITY RENTAL SCHEME

Tuesday, December 20th, 2011

The Malta Developers Association (MDA) refers to the new rental scheme launched by the Housing Authority through which property owners can rent their premises to the authority, which will then sublease it to tenants at subsidised rates.

The idea of using existing vacant building stock for rents to persons who qualify for social assistance in housing originated from one of the many suggestions made to Government before the Budget by the MDA, which had also suggested that a fixed rent for a predetermined period could be incentivised by a reduction in income tax from rents, as actually indicated in the announced scheme.

However, instead of allowing for a free rental market with tenants dealing directly with owners and then registering the lease when applying for subsidy, the scheme has become one where owners lease to the Housing Authority, which in turn sub-leases to the tenants.

This is in fact a major obstacle for the success of the scheme. Owners would normally seek to know who the prospective tenants are before they enter into a rental agreement and should not be obliged to accept anyone who obtains a sub-lease from the Housing Authority.

This would have avoided a lot of expensive bureaucracy and expenses on the part of the Authority, which will now be responsible for potential damages made to properties by its sub-lease holders.

With the announced scheme the property owners concerned will lose all control of their property and what happens to it, much as what used to happen in the past in the case of requisition orders.

It is a pity that such a good initiative has been smothered at its inception in this way rather than being allowed to flourish, something that would not have happened had the Housing Authority consulted interested stakeholders before finalising the scheme.

The citizen has given up trying to approach Mepa – developers

Monday, December 19th, 2011

The Malta Developers Association (MDA) is surprised to note that MEPA Chairman, Austin Walker, has claimed that there is an increased efficiency in the processing of development permits by the state agency he heads.

He has arrived at this conclusion by ignoring the fact that the number of development applications submitted to MEPA this year is only a fraction of the number in previous years and that, moreover, MEPA’s making requests from applicants at pre-submission stage has simply shifted the time for the collection of this information to this stage when applications are still not registered and not considered as submitted by MEPA.

He has also ignored that the current economic climate in the property market has led to a large decrease in applications for substantial developments. The situation has deteriorated so much that, unfortunately, the citizen has given up trying to approach MEPA.

MDA acknowledges that in its regular meetings with Mr Walker and MEPA officials, MEPA has shown that it is ready to consider revising certain procedures to improve its efficiency but regrets that it then drags its feet before putting these changes into practice.

Moreover the decision that Government is being invoiced by MEPA for services it provides is an admission of the total failure of the MEPA reform that was heralded with the announcement that MEPA was going to be self-sufficient and would no longer need a government subvention.

Fined by the taxman for slashing property prices

Monday, December 19th, 2011

Cash-strapped developers are complaining they are being faced with hefty fines by the taxman for slashing property prices.

“Developers are being punished for selling properties at a lower price than the market value. We have been alerting the authorities about this problem for quite a while now. We have to find a system that eliminates this,” Malta Developers Association chairman Michael Falzon said.

The tax regime has been unchanged for years, but the slump in the market opened more opportunities than before for serious price reductions, Mr Falzon explained. Moreover, many developers have banks breathing down their neck for money and, therefore, are practically forced to sell out in some cases.

A developer, who spoke anonymously in view of pending appeals against valuations made by government architects, said the situation was costing them serious money, not only in terms of the fines themselves but also because the issue could jeopardise the deal.

He said he recently sold a three-bedroom maisonette in Għargħur for €293,000, which was an advantageous price, considering the locality and the top-notch property it was. Soon after, he had a government architect knocking at his door valuing the property at €350,000 and slapping him with a €3,000 fine.

This is on top of the tax that has to be paid, which stands at five per cent of the property’s value. He said he had to pay €17,500 in tax rather than €14,650.

“This situation is very common in our circles but now it’s hitting harder because the demand for property is on the decline. The architects’ valuation is very subjective because there is nothing to go by. In fact, I appealed and the second architect gave me a different valuation. This is a circus,” he said.

Mr Falzon, an architect by profession, said the system was exasperating an already dreary situation for developers, some of whom had considerable stocks of unsold properties.

The association is proposing to do away with valuations and have property transfers taxed in line with a standard set of rates established by the government. The rates could be per square metre, depending on the area where the property was situated.

“Establishing such an index and using it as a basis for taxation is the only realistic and serious way out. This would avoid the present shambles and uncertainty in the system and the vexation of whoever buys or sells property, as the final amount of taxation due as a result of the sale would be established beforehand,” Mr Falzon said.

While the Finance Ministry said it was willing to consider alternatives to the present system, which it described as an “effective tool to curb tax evasion”, the “proposals made so far give rise to more problems than solutions” because the tax amount could scare buyers.

A ministry spokesman added that “the system is policing developers in what they declare for income tax purposes and, possibly, this is what is really concerning them”.

Mr Falzon disagrees, saying that while it was true that the present system was launched when under-declaring in contracts “was rife”, nowadays this was happening “on a much smaller scale”.

“Since then many measures were taken, including by the government, to curb under-declaring – and the economic situation has also changed. The present system is doing more harm than good,” he insisted.

The ministry spokesman also dismissed any link with the affordability of properties. “The government’s role is surely not that of intervening in the market and prices should reflect demand, a basic economic fundamental,” he said.

He added that the records showed that only a third of properties sold were actually inspected and more than 65 per cent of these were found to be compliant.

“(This) proves that architects’ valuations are close to market realities,” the spokesman noted.

MDA Annual General Meeting

Sunday, December 11th, 2011

 

PRESS RELEASE

L-MDA IŻŻOMM L-EWWEL LAQGĦA ĠENERALI ANNWALI (agm)

 

Tikkonsidra twaqqaf Forum fuq il-Propjetà

Il-President tal-Malta Developers Association (MDA) Michael Falzon nhar il-Ġimgħa ħares lura lejn sena li fiha l-MDA għamlet passi kbar il-quddiem minn mindu twaqqfet u kibret biex illum għandha iktar minn 150 membru. “L-MDA ħadet attitudni pożittiva u proattiva minkejja l-problemi attwali. Wara xi eżitazzjoni fil-bidu, il-Gvern u NGOs oħrajn issa qegħdin jikkonsultaw l-MDA il-ħin kollu,” qal is-Sur Falzon waqt l-ewwel laqgħa ġenerali annwali li saref fil-Montekristo Estates, Ħal Farruġ, fejn kien hemm attendenza tajba, fosthom membri prominenti fis-suq tal-propjetà Maltija.

Waqt il-preżentazzjoni tiegħu fil-laqgħa, is-Sur Falzon tenna l-għanijiet u l-oġġettivi tal-MDA, semma l-kisbiet ewlenin matul l-ewwel sena ta’ attività u spjega l-istrateġija għall-2012. Fost l-ewwel inizjattivi kienu l-publikazzjoni ta’ Kodiċi ta’ Etika għall-iżviluppaturi. Ġew organizzati numru ta’ seminars u konferenzi stampa. Kien hemm laqgħat mal-Prim Ministru, il-MEPA, il-Ministeru tal-Finanzi, il-Ministeru tar-Riżorsi u Affarjiet Rurali, Enemalta, u l-Awtorità tas-Saħħa u Sigurtà fuq il-Post tax-Xogħol (OHSA).

L-MDA saret membru tal-BICC (Building Industry Consultative Council) u Kumitat Permanenti twaqqaf mal-MEPA, b’laqgħat isiru regolarment matul is-sena. Fost is-suġġetti diskussi kien hemm: tiġdid ta’ permessi, reviżjoni ta’ policies, tariffi, applikazzjoni għall-kontroll tal-ippjanar, sostituzzjoni ta’ case officers u garanziji bankarji.

Instabu punti komuni ma’ NGO tal-ambjent fuq żewġ kwistjonijiet u l-MDA kkordinat l-isforzi tagħja ma’ organizazzjonijiet professjonali relatati, fosthom l-FOBC (Federation of Building Contractors), il-KTP (Kamra tal-Periti) u l-FEA (Federation of Estate Agents). L-MDA qegħda tikkonsidra tagħmel studju fuq is-suq ta’ propjetajiet vojta u se tieħu sehem fit-twaqqif ta’ Forum fuq il-Propjetà mal-FOBC, il-KTP, l-FEA u l-KTN (Kamra tan-Nutara).

L-istrateġija għall-2012 se tkun biex l-MDA tkompi taħdem biex tikkonvinċi l-Gvern biex l-industrija tal-kostruzzjoni tkun amministrata b’mod olistiku bħal ma huma l-industrija tat-turiżmu jew is-settur finanzjarju, u biex il-Forum fuq il-Propjetà tiġi fis-seħħ. L-MDA se taħdem ukoll biex tassigura li l-policies tal-MEPA jiġu aġġornati u biex il-gvern jagħti inċentivi fiskali f’setturi mixtieqa tas-suq tal-propjetà.

Fl-aħħar tal-preżentazzjoni tiegħu is-Sur Falzon irringrazzja l-Viċi-President Sandro Chetcuti għall-isforzi tiegħu mingħajr waqfien matul is-sena, flimkien mal-kumitat kollu tas-sena li għaddiet.

Il-Kunsill tal-MDA għall-2011-2012 hu magħmul minn: Michael Falzon, President; Sandro Chetcuti, Viċi-President; Ian Fitzpatrick, Segretarju Ġenerali; Paul Xuereb, Teżorier; u Anthony Camilleri, Malcolm Mallia, Keith Pillow, Euchar Vella u Ray Zammit, membri. Pierre Galea u Paul Micallef ġew koptjati bħala membri matul il-laqgħa.

3 ta’ Diċembru, 2011

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MDA Reaction to 2012 Budget

Saturday, November 19th, 2011

 PRESS RELEASE

MDA REACTIONS to 2012 budget

 

Appeal to Government to widen incentives on properties in urban schemes

The Malta Developers Association (MDA) notes that in the Budget speech, the Minister of Finance has announced a scheme for the granting of several fiscal incentives in the case of the restoration and rehabilitation of scheduled properties and properties sited within urban centres. Read more »

Laqgha Generali Annwali

Monday, November 14th, 2011

Il-Laqgha Generali Annwali tal-Malta Developers Association sejra ssir nhar il-Gimgha 2 ta` Dicembru fis-6.30 pm fil-Montekristo Estates, Hal-Farrug Road,Luqa. 

Se jkun hemm mini-bus minn u ghac-Cirkewwa ghal membri Ghawdxin.

Wara l-laqgha se jkun hemm reciviment ghal dawk presenti u ghalih se jigu mistiedna rappresentanti tal-partiti politici. 

Pierre Galea

Segretarju Generali

Perit Michael Falzon’s presentation of the MDA at the Business Breakfast 11 October 2011 at the Palace Hotel, Sliema

Tuesday, October 18th, 2011

F’dawn l-aħħar tlett snin wieħed seta jinnota tnaqqis jew deprezzament fil-valur tal-proprjetà. Naturalment l-aktar li ntlaqtu b’mod negattiv huma dawk li xtraw fl-aħħar 5 snin! Read more »

MDA calls for less bureaucracy and more fiscal incentives to promote property ownership

Tuesday, October 18th, 2011

Malta Developers Association President Michael Falzon was one of the keynote speakers at a Business Breakfast with the theme The Property Industry… where is it going? held at the Palace Hotel on 11 October. Read more »

Business Breakfast Meeting – 11th October 2011

Sunday, October 16th, 2011

Business Breakfast Meeting - 11th October 2011

From Left to Right: Mr Michael Falzon (MDA), Mr Vincent Cassar (KTP), and Hon Tonio Fenech, Minister of Finance.

The Business Breakfast Meeting held at The Palace Hotel explored the current situation in the Maltese construction industry. During the well attended meeting, several proposals were made by the organisers to Government in order to stimulate the Maltese construction industry and to direct the energy and resources of property developers to reach national objectives, including the regeneration of urban areas.

The Business Breakfast Meeting was organised by The Federation of Building and Civil Engineering Contractors (FOBC), the Kamra tal-Periti (KTP), the Malta Developers Association (MDA) and the Real Estate Business Section of The Malta Chamber of Commerce.

NEW THRESHOLDS TO ATTRACT PERMANENT RESIDENTS TOO HIGH

Saturday, September 17th, 2011

The Malta Developers Association notes that the new government conditions for permanent residents are considered by many developers as imposing financial thresholds that are too high. The MDA understands the genuine motivation behind government’s decision, even though some of its members may be adversely affected. Read more »

MDA Press Handout

Thursday, June 30th, 2011

  During the last few years the Maltese construction industry has been going through increasingly harder times facing falling prices and an undetermined, but definitely large, stock of unsold properties. Read more »

MDA Press Conference

Wednesday, June 22nd, 2011

MDA organised a Press Conference at the Excselsior Hotel, Valletta on the 6th June 2011.All the representatves of the major media in Malta attended. The press Conference was addressed by MDA president Arch Michael Falzon and a Press Handout was distributed outling the position of MDA on the current state of the maltese construction industry. The Press Conference generated a strong press coverage. All MDA members were invited to attend.

Meeting with Hon Tonio Fenech

Wednesday, June 22nd, 2011

A meeting with Hon Tonio Fenech was held on 23rd March 2011.The topics discussed were the current state of the maltese building industry and the Residence Scheme for non-EU Nationals. All the MDA Board participated . MDA President, Arch Michael Falzon, submitted plans to Hon Minister Fenech to carry out a professional economic and legal Study  which will help Government to establish  long term  policies for the maltese construction industry .

Meeting with MEPA

Wednesday, June 22nd, 2011

A delegation from MDA lead by MDA President,Arch Michael Falzon, meet the Chairman of MEPA on 17th March  2011.The items discussed were compliance,tariffs,bank guarantees,and time limits on building permits.Both sides agreed to keep in close contact.

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