The Housing Authority is subsidising the sale of over a hundred apartments, garages and nine maisonettes, spread over a number of localities; however no further information is currently available on the authority's website.
Meanwhile, The Times of Malta is reporting the expected average price for a 3 bedroom apartment to be €83,000 while a 3 bedroom maisonette will fetch in the region of €92,000. There is no specification as to whether these prices are for the shell form, advanced shell, or finished product. Current property sales will now have to vie with these benchmarks when competing for first time buyers on the Maltese property market. Already, many are questioning the rationale of building further units on this island, when a large percentage of Maltese properties are lying vacant.
Update 25th May 2010
The Housing Authority is extending the closing date for applications for the sale of government apartments and maisonettes up to June 11.
ABBOZZ TA' LIGI msejjah ATT biex jemenda l-Kodiçi Civili, Kap. 16
IL-PRESIDENT, bil-parir u l-kunsens tal-Kamra tad-Deputati, imlaqqgha f’dan il-Parlament, bl-awtorità ta’ l-istess, hareg b’ligi dan li gej>–
1. It-titolu fil-qosor ta’ dan l-Att hu l-Att ta’ l-2008 li jemenda l- Kodiçi Civili, u ghandu jinqara u jiftiehem haga wahda mal-Kodiçi Civili, hawn izjed il-quddiem f’dan l-Att imsejjah “il-Kodiçi”. 2. Minflok l-artikolu 1525 tal-Kodiçi, ghandu jidhol dan l-artikolu gdid li gej>– “1525. (1) Il-kuntratt ta’ kiri, sew ta’ haga kemm ta’ xoghol, jista’ jsir sew b’kitba kemm bil-fomm, izda l-kuntratt ta’ kiri ta’ fond urban u ta’ dar ghall-abitazzjoni u ta’ fond kummerçjali li jsir wara l-1 ta’ Jannar, 2009 ghandu jsir bil-kitba. Il-Bord li Jirregola il-Kera (hawn aktar ’il quddiem f’dan ittitolu msejja[ “il-Bord tal-Kera”) ma[tur bis-sahha ta’ l-Ordinanza li tirregola t-Tigdid tal-Kiri ta’ Bini ghandu jkollu kompetenza esklussiva li jiddeçi…
Increase in construction activity to result in vast quantities of construction-waste which would increase pressure to use this material for land reclamation projects which will only be viable if more apartments are built on reclaimed sea.
The nine-mega developments in Paceville are expected to create between one and two million cubic metres of construction waste - more than the total amount of construction waste dumped in a single year.
The amount could increase further with the excavation of a tunnel proposed under regional road earmarked for after 2018.
Altogether, the nine Paceville developments included in the master plan will create 1.17 million square metres of new ground space set on different floors-which is nine times that of the combined Mriehel and Sliema towers approved by the Planning Authority in August.
The two projects - which have a combined gross floor area of 135,149 square metres - will together generate 276,115 cubic metres of excavation waste.
Although a direc…