News by Rachel Chew, Lum Ka Kay
Property prices can come down if ...
TheEdgeProperty.com’s Roundtable on Budget 2017 held on Oct 24 pointed out that industry stakeholders should first ask and find out whether there is any possibility that property prices could go any lower.
On Budget 2017
"The intention of affordable housing schemes is good, but how to implement them is the key if we want to benefit the people."
On IBS as the way to reduce cost
"The government should encourage the use of the modular type of IBS."
On bringing down property prices
"In Kedah, to build a single storey terraced house, the percentage of compliance cost used to account for only 5% of construction cost in 2008. But this has increased to 13% this year."
On ways to lift the market
"What we’re experiencing isn’t close to other countries which are having negative interest rates like certain countries in Europe and Japan."
On the property sector’s outlook — Is the worst over?
"If people find developers who are desperate to ease their cash flow lowering their property prices, please grab it."
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