MBAM expected a more uplifting Budget 2024 for construction sector
“In order to pump prime the revival of the Malaysian construction industry, the MBAM appeals to the government to provide more assistance for the construction industry to revive and sustain the construction sector.
Govt plans rooftop solar buyback, metering programme extension to spur solar adoption
At the same time, the government is calling for companies to offer a model for residential rooftop solar installation that requires zero capital expenditure (capex), such as those currently offered by Petroliam Nasional Bhd’s (Petronas) green energy unit Gentari Sdn Bhd.
PEPS hopes for Budget 2024 to promote rent-to-own scheme
It added that this RTO scheme shall also be applicable to PRIMA homes, where there is an oversupply, as this will give an opportunity for the B40 income group to own homes for the first time.
The REAL deal: Don’t bark up the wrong tree
Clearly, it is at the state and local authorities that improvements will go a long way towards containing home prices.
LBS Bina Group announces proposals for Budget 2024 to spur local property market
LBS Bina's second proposal is to provide incentives for the adoption of the industrialised building system (IBS) precast system for developers that incorporate the system into their housing projects, as this can help reduce construction costs and make housing more accessible.
Budget 2024: REHDA hopes for ‘reintroduction or introduction’ of incentives for Malaysians to buy homes
The issue of “affordability or rather the unaffordability” of houses remains a major issue for the rakyat and industry alike.
Budget 2024: Domestic sectors should benefit as govt allocates more resources, says TA Securities
TA Securities said the property sector is expected to benefit from likely initiatives to promote homeownership among low-to-middle-income first-time buyers and make it more affordable, develop developer-friendly policies for affordable housing, incentives for green development and clarity regarding infrastructure development and special economic zones.
Tourism and retail groups urge government to withdraw luxury tax plan
The groups believe the proposed luxury tax is a "lose-lose proposition" where the country will "lose foreign tourist arrivals and lose Malaysians from buying locally, coupled with the loss of foreign exchange".
MOF moots lower electricity subsidies for high-income households in 2H2023, says new Treasury sec-gen
Johan said the government is also working on ways to reduce subsidies for diesel that has seen huge leakages.