News by Tan Ai Leng

有期地契房产一般在租期过了30年之后，资产增值幅度就会开始放缓，这也意味着业主该考虑申请延长租期了。

“In our opinion, PR1MA which was the government agency tasked to deliver affordable homes has totally lost its focus by partnering private developers to sell ‘Lifestyle Properties’ where only up to 50% of the land available is for commercial and high-end properties.”

“This peer-to-peer lending initiative, regulated by the Securities Commission to be made available to first-time house buyers will provide an alternative funding source for promote purchase of homes.”

Existing investors will have to relook at their investment strategy in terms of exiting or take a long-term view of their properties…

“We also support the encouragement given under Industry 4.0 to reduce dependency on foreign workers. [But] there should be a realistic understanding that the construction industry needs workers to fill the demand-supply gap for manpower in the construction industry,” said the MBAM president.

“Such measures show that the government is trying to address the issue of unsold units and assist first-time homebuyers to own a home.”

Under this model, the buyer will be able 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 value appreciation of the property over a particular period of time.

Coupled with rising living costs, this has led to growing unaffordability of homes.

The property overhang and completion of major infrastructure projects will slow the sector’s growth down.

The increasing number of participation in e-commerce and higher consumption by consumers will support the growth of the wholesale and retail trade subsectors.