PropertyMalta Foundation holds national conference

Sunday, December 3rd, 2017

Malta Developers Association (MDA) President Sandro Chetcuti, in his capacity as Chairman of the PropertyMalta Foundation, appealed to those attended the National Conference – Analysis of the Property and Construction Industry, last Thursday to come forward with ideas on how to improve the Malta property product.

“We can learn by combining our knowhow and work more professionally,” he said. Apart from taking part in its first international property fair in Cannes, France, last month, the PropertyMalta Foundation intends to launch an on-line campaign to reach different audiences. Read more »

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)

The conference will be addressed in Maltese.



older news

MDA calls for remedies to preclude

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.
MDA does not defend illegal development in any way and therefore it agrees that MEPA should have at its disposal an effective deterrent to curb this abuse.
At the same time, however, MEPA has no deterrent that precludes it from carrying out injustices, especially where consistency and punctuality of its decisions are concerned. It is high time, therefore, that MEPA becomes also subject to penalties when injustices are suffered by applicants as a result of its actions or inaction.
MDA is also deeply concerned that MEPA has no clear policy on renewals of existing permits. While MDA maintains that all permits issued by MEPA under the current planning regime should be automatically renewed, MEPA has not yet committed itself to an unambiguous written policy on renewals of development permits.
The lack of a clear policy on renewal of permits means that holders of permits do not have any guarantee that their permits would be renewed unless relevant sites are committed. Although the current slowdown in the property market indicates that it would not be in their interest to carry out all approved developments within the validity period of relative permits, developers are concluding that they have no alternative but to start works since this is the only way to ensure that their permits are not lost. This leads to an increase in sites where development works have been started but not finished.

31 August, 2012


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