News about Datuk Soam Heng Choon

PETALING JAYA (Oct 10): The Real Estate and Housing Developers Association (Rehda) wishes to see more support from the local authorities to achieve the national goal of lowering down property prices.

KUALA LUMPUR (Oct 8): Asian Strategy & Leadership Institute (Asli) chairperson Tan Sri Jeffrey Cheah said there is a need to change existing legislation for the real estate industry as the laws have not kept up with the pace of nation’s economic and social landscape.

KUALA LUMPUR (September 25): Despite reports by property consultancies and real estate agents that say house prices will pick up in the second half of 2019, Rehda Institute chairman Datuk Jeffrey Ng Tiong Lip considers it unlikely.

KUALA LUMPUR (Sept 24): Finance Minister Lim Guan Eng has urged developers to lower prices of homes as construction materials and services are exempted from the Sales and Service Tax (SST), or the government will review the waiver.

SHAH ALAM (Sept 21): The Real Estate and Housing Developersʼ Association (Rehda) is conducting a case study on building costs after the implementation of the Sales and Service Tax (SST) regime.

KUALA LUMPUR (Aug 29): Builder and property developer IJM Corp Bhd expects a lower order book replenishment in the current financial year ending March 31, 2019 (FY19) as it already secured some of the jobs in FY18.

PUTRAJAYA (Aug 17): The recent announcement of the Sales and Service Tax (SST) exemption for major building materials and construction services might not have significant impact on property prices, especially for residential property, according to the Real Estate and Housing Developers’ Association (Rehda).

KUALA LUMPUR (March 14): IJM Corp Bhd has been awarded a RM1.

KUALA LUMPUR (Feb 28): IJM Corp Bhd saw its net profit drop 26.

KUALA LUMPUR (Jan 24): IJM Corp Bhd is hopeful of achieving a new all-time-high total order book of RM10 billion by the end of the financial year ending March 31, 2018 (FY18).