News

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.

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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.

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older news

MDA vindicated on vacant properties

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.
When one considers the number of units that are used as summer residences, as well as the number of properties that are in a dilapidated state or need repairs and those that are still in shell form, it is clear that the number of units that are ready for habitation and up for sale is only a fraction, that is less than 25% of the total number of properties indicated as vacant.
The MDA keeps on insisting publicly with the relevant authorities on the need for the NSO to carry out a deeper study so that more detailed statistics on the different categories of vacant properties are drawn up in a scientific manner.
Decisions that affect the property market should always be taken when one has the actual facts at hand and should always be based on these facts rather than on attitudes arising from emotions, as some expect.
16 October, 2013

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