Exclusive: Key takeaways from HDA Seminar 2 of 2025
On 24 July 2025, our partner Lai Chee Hoe joined forces with 2 other heavy weight regulators – Tuan Mohd Faizuri (architect of HIMS & e-SPA) and Puan Siti Sara, (guardian of Housing Developers’ Accounts (“HDA”)) of Jabatan Perumahan Negara, KPKT. Here’s what went down:
Lai Chee Hoe started the session by sharing with participants the requirements of delivering vacant possession together with strata titles and its exceptions.
Next, Tuan Faizuri shared:
(a) the functionality of HIMS (Housing Integrated Management System) and steps to apply for housing developer’s license (“DL”) and advertising and sales permit (“AP”);
(b) e-SPA and its latest amendments (to its duration in delivering of vacant possession of a parcel and common facilities, expanding the scope of progressive payment);
(c) role of e-checker and the generation of digital cert and pin number;
(d) go-live and implementation of digital signature (replacing wet ink)
Finally, Puan Siti Sara then took the stage and shared:
(a) process of opening a HDA Account;
(b) elements of monitoring HDA account submission of annual audited financial reporting; audit visit, submission of progress financial reporting;
(c) withdrawals of monies during construction;
(d) freezing of HDA;
(e) withdrawals of HDA (after CCC) and the main conditions to be fulfilled
