Rehda wants monitoring of buyers of affordable homes

MR HAN (not his real name) runs a consultancy firm from his 4-storey shopoffice in Kuala Lumpur. His team operates from the upper floors of the building that is more than a decade old while the ground floor is leased out to a financial institution.

KUALA LUMPUR: The Real Estate and Housing Developers’ Association (Rehda) has called on the government to monitor buyers of affordable housing, saying there is no mechanism for this at present.

KUALA LUMPUR (Sept 2): The results of the latest survey conducted
by the Real Estate and Housing Developers' Association (REHDA) showed
that outlook for the property market is positive for the second half of
the year. 
This optimistic outlook is expected to continue on into the first half of 2014. However,

KUALA LUMPUR: A cap on the 7% to 10% discount for bumiputera house buyers is a controversial but much-needed initiative to address spiralling house prices.

The National House Buyers Association (HBA) said the powers-that-be would have to just bite the bullet and explore such reforms if it were sincere in providing affordable housing to all.

IT has been a busy year for the construction industry, as can be seen by the many construction activities in the Klang Valley."Construction is booming.

PETALING JAYA: Bank Negara should seek feedback from industry players and stakeholders before implementing any measures to curb or ban the developer interest bearing scheme (DIBS), said Real Estate and Housing Developers Association Malaysia (Rehda) president Datuk Seri Michael Yam.

KUALA LUMPUR: Glomac Bhd sees alternatives to the build-then-sell (BTS) scheme, which will be implemented by 2015 to avoid cases of abandoned housing projects.

PUTRAJAYA (June 7): A coordinating committee comprising Syarikat Perumahan Negara Bhd (SPNB), 1Malaysia People’s Housing (PR1MA) and National Housing Department (JPN) will be formed to help facilitate the government’s goal of delivering a million affordable and low-cost homes to the public.The joint committee will be chaired by newly appointed Urban Well-being, Housing and Local Government Mini

KUALA LUMPUR: Property market hot zone Iskandar Malaysia may witness a “wait and see” attitude among investors in the next few months while they await the Johor government’s announcement on the “higher taxes” to be imposed on foreign-owned properties in the state, real estate experts said.