The highest number of unsold completed units came from Johor with 6,066 units, a 38.6% y-o-y increase from 4,736 units in the previous year. These unsold units are worth RM4.6 billion.
Dubbed “in a garden where happiness lives”, Gamuda Gardens features five cascading lakes that are integrated into the central park with two waterfalls.
Homebuyers will now be able to select their own units and preferred location from newly launched Setia properties offered under this scheme and not be limited to completed units.
“If banks refuse to give loans, give us (the ministry) the list [names of rejected loan applicants] and we will check with the banks. If it’s not justified, we may consider taking action [against the banks],"
“Property that is maintained well ...would appreciate in value. Half the battle is won, however, if the real estate has been designed and built for property management in the first place,” said Au.
Take action against banks only if they don't lend to first-timers and buyers of affordable homes, says HBA
The consumer body has proposed that action be taken only against banks that fail to lend to first-time homebuyers and those seeking to purchase affordable homes priced below RM300,000.