PETALING JAYA (April 17): The government should seriously consider declaring 2020 a "tax-free year" in light of the economic downturn and the global Covid-19 pandemic that has brought the country almost to a standstill for more than a month.
PETALING JAYA (April 17): MKH Bhd managing director Tan Sri Eddy Chen has called for greater transparency among stakeholders to share information and data that could help the property industry avoid a mismatch of property supply and demand.
PETALING JAYA (April 17): With the International Monetary Fund predicting that Asia's economic growth will grind to a halt this year for the first time in six decades amid the Covid-19 pandemic; as people fear losing their jobs and companies fear closures - could this be the worst financial crisis Malaysia has ever seen? At the EdgeProp.
PETALING JAYA (April 17): The Home Ownership Campaign (HOC) is not a "cheap sale" but meant to reduce the burden on homebuyers with the government incentives such as stamp duty waivers, said Real Estate and Housing Developers’ Association (Rehda) president Datuk Soam Heng Choon.
PETALING JAYA (April 17): Whether property developers will lower the prices of their products in light of the current economic downturn brought on by the Covid-19 pandemic would depend on how desperate the developer is, but one thing is certain prices will definitely come down, said Datuk Soam Heng Choon, Real Estate and Housing Developers’ Association (Rehda) president.
PETALING JAYA (April 17): The ongoing Covid-19 outbreak has put a large dent on the global economy.
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KUALA LUMPUR (April 15): The Master Builders Association Malaysia (MBAM) and the Real Estate and Housing Developers’ Association (REHDA) Malaysia have pledged their commitment to work closely with relevant stakeholders to ensure work safety and to prevent the COVID-19 virus from spreading at construction sites, in light of the government’s recent announcement to allow critical construction activities to commence during Phase 3 of the Movement Control Order (MCO).
PETALING JAYA (April 9): An association of property developers has urged workers in the construction industry to accept pay cuts to help the companies employing them stay afloat, Free Malaysia Today reported today.
PETALING JAYA (April 8): The Real Estate and Housing Developers' Association Malaysia (Rehda) wants the government to enact an all-encompassing force majeure exemption bill or a COVID-19 (Temporary Measures) Bill to lawfully protect business owners in light of the COVID-19 outbreak.
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