Ho Hup to revive earnings with RM1.7b launches planned for FY18
Includes the first phase of Laman Iskandaria in Kulai, Johor comprising shops and houses worth a total of RM400 million in GDV.
Includes the first phase of Laman Iskandaria in Kulai, Johor comprising shops and houses worth a total of RM400 million in GDV.
An audit reviewing its costs will be carried out.
The campaign offers various perks such as zero payment until delivery of vacant possession and a RM30,000 rebate or equivalent in electrical and furnishing vouchers.
The first phase will consist of 320 units of double-storey link houses of 1,500 sq ft to 1,900 sq ft, with a total GDV of RM185 million.
Dubbed Setia Fontaines, township has a potential GDV of RM9.6b.
SunCon said its ongoing project remains on track.
GST accounts for 2% to 4% of property development cost, says Rehda.
Rented for: RM20,000 (RM8 psf); Concluded by: Michael S L Wong (REN 09493) of Dynamic Realtors (012-519 8688); When: December 2017
Prices will drop, especially for commercial properties since the 6% tax will be “zerorised”.
It should also rightfully reduce the price of residential properties until the new Sales and Services Tax mechanism kicks in.