Editor's Pick

Government to focus on home ownership for B40 and M40

Minister of Housing and Local Government Zuraida Kamaruddin: Our main priority is to make home ownership more accessible to the B40 and M40 income groups. There is no urgency for this [vacancy tax].

BNM maintains OPR at 1.75% as global economy continues to improve

Bank Negara Malaysia: Financial conditions have improved, although risk aversion remains elevated. The outlook is still subject to downside risks and uncertainty, primarily due to the risk of a resurgence of the pandemic and weaker labour market conditions.

Crown Group wants post-Covid building code for resident well-being

Crown Group Chairman and Group Chief Executive Officer, Iwan Sunito: People who live in well-designed homes that offer plenty of living and working space, access to gardens and fresh air, as well as facilities such as play areas, fitness facilities and music rooms, have been far better able to adjust to this new lifestyle.

Zuraida: No vacancy tax on unsold high-end units

Minister Zuraida Kamaruddin said the proposed tax, which has been presented to the Economic Council meeting for discussion, is not an urgent matter for the ministry to resolve.