What you MUST know about Budget 2021: For the real estate sector
KUALA LUMPUR (Nov 6): Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz has tabled Budget 2021 today.
S P Setia hopes govt to take over building of affordable housing for B40
PETALING JAYA (Nov 6): S P Setia Bhd has hoped for the government to taking the lead role in building affordable housing for the B40 income group as this will enable a more cohesive, consistent and efficient macro implementation and results while the developers can concentrate fully on the free market housing.
Domestic demand to grow by 6.9% in 2021, to recover from 3% decline in 2020
KUALA LUMPUR (Nov 6): Domestic demand in Malaysia is expected to post a recovery in 2021 expanding by 6.
Malaysia's economy expected to grow 6.5%-7.5% in 2021 after 4.5% contraction in 2020
KUALA LUMPUR (Nov 6): Malaysia's gross domestic product (GDP) is expected to grow between 6.
Federal govt debt to increase to 61% of GDP in 2021
KUALA LUMPUR (Nov 6): The federal government is raising more debt to finance a wider fiscal deficit as it is in the driver seat to steer the economy out of recession.
Malaysia's 2021 unemployment rate seen improving to 3.5%
KUALA LUMPUR (Nov 6): Malaysia's unemployment rate is projected to decrease to 3.
Household debt rises by 4% to RM1.27 trillion, making up 87.5% of GDP
KUALA LUMPUR (Nov 6): The overall household debt increased by 4% to RM1.
As Budget 2021 looms...
With the announcement in less than two hours away, the sights are trained on Prime Minister Tan Sri Muhyiddin Yassin's maiden Budget and perhaps the most crucial one in Malaysia's history - unveiled in the midst of an unprecedented and resurging Covid-19 outbreak that has battered the economy and the livelihoods of Malaysians.
Budget 2021: Waive RPGT on all properties below RM10m — PEPS
KUALA LUMPUR (Nov 4): The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) has proposed that the government waive the real property gains tax (RPGT) across all property sectors involving transactions of less than RM10 million in 2021 to stimulate the property market.
