News

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

———————

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

————————–

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 »

older news

MDA ON NEW HOUSING AUTHORITY RENTAL SCHEME

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.

Sponsors