The newly introduced awards’ category is “Repurposed Building”, which recognises the recycled old buildings, or adaptive reuse to extend the usefulness of a building by changing its function while keeping the structure.  

This exemption is effective for loan agreements and instruments of transfer executed from Jan 1, 2021 to Dec 31, 2025 for abandoned housing projects certified by the Ministry of Housing and Local Government (KPKT).

Some RM1.2 billion for the construction of comfortable and quality housing come next year

This exemption is effective for sale and purchase agreements executed from Jan 1, 2021 to Dec 31, 2025.

Rehda Malaysia president Datuk Soam Heng Choon: Rehda welcomes the [stamp duty exemption for first residential home] as part of the government’s initiative to encourage homeownership amongst the Rakyat, which was also our Budget Wish list to the government.

“None of the stakeholders are completely happy with the total outcome."

For shopping mall operators, especially those located in areas affected by the Conditional Movement Control Order (CMCO) and those which unfortunately have Covid-19 positive cases, it’s even more challenging for them to maintain their business.

EdgeProp Malaysia's Best Managed and Sustainable Property Awards is aimed at etching Malaysia on the global map of preferred property investment and living destinations.

Real Estate and Housing Developers’ Association (REHDA) Institute chairman Datuk Jeffrey Ng Tiong Lip: It is a potential trend in the future in which mall landlords would move from only providing premises for rental, to also providing e-commerce supporting services such as warehousing, delivery, handling of goods.

The National House Buyers Association (HBA) believes the move by the Perak state government to speed up the release of bumiputera lots is a step in the right direction and will ultimately benefit all in the long run.