Looking ahead, changes in our lifestyles will also create new trends that shape a new landscape in property development including in the planning of new townships where their various components will have to consider market needs and trends, both current and in the foreseeble future. Nevertheless, some trends may stay, some may evolve and others will fizzle out.
Maybank and CIMB Bank are contributing as institutions to the 80% portion of the home price.
Finance Minister Lim Guan Eng said that the ministry had spent some time to study the concept developed by EdgeProp Sdn Bhd in detail and found that it was workable.
In a nutshell, FundMyHome allows a person to acquire a selected property for 20% of the price of the property, while the balance 80% will be fulfilled via potential investors who are interested to fund the acquisition in exchange for the potential appreciation in value of the property over a particular period of time.
A development that provides a conducive living environment within an easy and quick commute to work and business, should be the model for affordable housing.
“Overall, the Budget 2019 is a statistic of charting the future development with a holistic approach while more targeted to address issues that are being faced by Malaysia,” Zuraida said.
“Although it is intended to curb speculations, but it is expected to affect the actual sub-sale needs for home upgrading to a better new home.
But how much does a car park space cost developers? How much does it contribute to the selling price of a property?
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