News

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.

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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.

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older news

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

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.

Another relates to a social gain that can be contributed by developers of big projects in certain areas where they would be able to develop a site beyond what the policy permits without creating a negative impact on the neighbourhood. They could agree with the Housing Authority to either give a monetary contribution or assign certain property for social housing and preferential rentals over a period of, say, 15 years.

RG meeting pr172209b

The Housing Authority could invest in refurbishing properties that are abandoned, in return for a fixed rent that would make the properties more affordable. The threshold on IIP rents are considered too low and the MDA feels that those applying for a Maltese passport should be able to afford a higher rent.

Mr Chetcuti committed the MDA to giving its contribution to Mr Galdes’s proposed White Paper to revise the rent laws, which it believes should also be reviewed.

28 September, 2017

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