Formed in 1974, the Penang Branch of the Real Estate And Housing developers’ Association Malaysia has the following aims and objects:
- To promote and co-ordinate through the country the development of land and construction of buildings for residential, commercial, industrial, tourism and other related purpose by members with a view towards contributing effectively to the economic development of the country;
- To promote measures aimed at securing improvements pertaining to the techniques and methods of the development of land and construction of buildings for residential, commercial, industrial, tourism and other related purpose by members throughout the country;
- To study problems arising from the development of land and construction of buildings as well as to propose solutions to the government, through the relevant ministries, departments and agencies;
- To protect the legitimate interests of members, in particular, to enquire into and discuss with the government and its agencies on matters pertaining to policy, finance, legislation, technical standards and administrative procedures, affecting the development of land and construction of buildings.
Since its formation some 34 years ago, the membership of the Penang Branch is 80 as at July 2008.
In pursuance to its various aims ad objectives, the Penang Branch, apart from holding its monthly meeting, actively engages in dialogues with Government and non-Government bodies for clarification on policies procedures and other matters affecting the industry and to trash out whatever problems encountered so that solution can be found to enable the orderly development of the industry. The Penang Branch also takes an active part in the work of the SPEAD council.
Since its formation, the Penang Branch has held annual dinners quite regularly to build up fellowship among its members and the various Government department involved in the development of the industry.
For the period 2008-2010 the Penang branch is managed by a Committee of 15 members. At the National Council of Real Estate And Housing Developers’ Association Malaysia, the Penang Branch is represented by its Chairman Dato’ Jerry Chan Fook Sing and the Deputy Chairman, Mr. Chan Foek On.
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