Questions from the audience were forwarded to the respective speakers of Edgeprop.my’s Symposium on Excellent Property Management 2019 “Is your investment future-proof?” following the event on April 27. These are the answers from the speakers. 

“The review of the RM1 million threshold is timely in view of the slowdown in the domestic property market in the recent years and developers are operating in difficult situation.’’

The consumer body has proposed that action be taken only against banks that fail to lend to first-time homebuyers and those seeking to purchase affordable homes priced below RM300,000.

“If banks refuse to give loans, give us (the ministry) the list [names of rejected loan applicants] and we will check with the banks. If it’s not justified, we may consider taking action [against the banks],"

“If we reduce the compliance cost for houses priced below RM300,000, this will also encourage more affordable houses to be built by developers," said Finance Minister Lim Guan Eng. 

Tan Sri Jeffrey Cheah: I will rather not take this award as a personality award. It is an effort of the entire Sunway Group and the shareholders. Building sustainably is no longer an option but a must and we can’t rely on solely on the government, it requires the contribution of all the sectors.

Rehda says the "tight-fisted" bank conditions remained an obstacle, amidst the government's measures to encourage home ownership.

The HOC-MAPEX for the Klang Valley region will be held at the Mid Valley Exhibition Centre (MVEC) in Kuala Lumpur from April 26 to 28 (Friday-Sunday) from 10am to 9pm. 

"With the existence of Sub-MCs, property managers can assure fairness to all parcel owners.” 

Homebuyers should take advantage of Home Ownership Campaign (HOC) 2019, said Johor Real Estate and Housing Developers Association (Rehda) branch chairman Datuk Steve Chong Yoon On.