Incentives for foreign property buyers needed
Associated Chinese Chambers of Commerce & Industry of Malaysia (ACCCIM) head of taxation committee Koong Lin Loong: To create greater vibrancy, we need more foreign buyers to come in as there are only limited local buyers in the market. This is what the newly announced ERP lacks
Brand new properties going under the hammer
“There were quite a number of recently completed units that went under the hammer last year, some of which have been left vacant although they are in good locations.”
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Government likely to reintroduce HOC
Real Estate and Housing Developers’ Association (Rehda) Malaysia president Datuk Soam Heng Choon confirmed that there’s a high possibility that the government will launch HOC 2020 to spur homebuyers’ interest.
Property buying: It's all about the price post-MCO
“It was surprising to see that most potential buyers are not overly pessimistic despite the severe pandemic and the slew of other consequential economic shocks such as oil price crash and extremely volatile stock market,” said KGV International Property Consultants executive director Samuel Tan.
