Lumi Tropicana's Phase One sees 75% take-up rate
Located along Persiaran Tropicana in Petaling Jaya, Lumi Tropicana comprises four towers with 744 serviced residences and 62 small office/home office units. The development has a gross development value of RM886 million.
HBA commends non-relaxation of cooling measures
HBA is glad that the government has continued to heed the association’s call to ban DIBS.
Stamp duty tax hike can boost sales of million ringgit homes before 2018
Mah Sing Bhd believes the stamp duty increment for homes worth more than RM1 million will encourage advance buying of completed properties prior to Jan 1, 2018 when the hike takes effect.
MBAM: Construction industry needs foreign workers
“As such, MBAM hopes that the policy with regards to the employment of foreign workers can be looked at in a holistic manner, so that aspiration of both the public and the private sector can be satisfied.”
Real estate consultants: More could be done to encourage home ownership
While the government’s efforts in encouraging home ownership are lauded, real estate consultants feel more can be done to help the people fulfil their dream of owning homes.
Stamp duty increase will dampen property market further, say real estate consultants
“This is very punitive for those purchasing non-residential properties worth more than RM1 million because they have to bear the brunt of the 6% GST too.”
Estate agents: Budget 2017 no help in stimulating sluggish market
Budget 2017 that was announced today did not provide measures to shore up the property market or to help the bulk of potential homebuyers to own homes.
Henry Butcher Penang: Nothing much to cheer about for non-PR1MA homebuyers
Shawn Ong doesn’t see how Penang homeowners will benefit from Budget 2017, seeing that the state government has already introduced affordable home programmes a few years ago.
