Metro Kajang MD Eddy Chen is new PR1MA chairman
KUALA LUMPUR (Oct 1): Metro Kajang Bhd managing director Tan Sri Eddy Chen (pictured) has been appointed as the new chairman of Perbadanan PR1MA Malaysia, the Prime Minister's Office announced today.
Construction costs to drop by up to 5% with SST exemption, says CIDB chief executive
KUALA LUMPUR (Sept 28): Construction costs of homes are expected to fall by 3% to 5% owing to the Sales and Service Tax (SST) exemption on basic construction materials, The Star daily reported Construction Industry Development Board (CIDB) chief executive Datuk Ahmad Asri Abdul Hamid saying today.
Rehda: 2019 property price turnaround unlikely
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.
Lim Guan Eng: Reduce house prices or govt will review SST waiver
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.
Rehda case study on SST to be unveiled soon
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.
Sabah developers on the losing end of current system
KUALA LUMPUR (September 12): A number of real estate projects in Sabah have been put on hold, while the development plans are still being held by the central board, say developers in the state.
Forward march
More than three months in, what has the government done right so far? What has it missed? More importantly, how should it move forward? Focusing on the housing and property sector, EdgeProp.
So far, so good?
Malaysia’s 61st National Day celebrations hold new meaning for our country and its people after the historic change in government following the 14th General Election on May 9.
Rehda: SST exemption might not reduce house prices significantly
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).
Developers hope for proposed affordable housing entity to be thorough
CYBERJAYA (Aug 16): The Real Estate and Housing Developers' Association Malaysia (Rehda) (pictured) hopes that the proposed single entity to oversee affordable housing will be different from the rest as there is more urgency now to ensure the issues faced are addressed promptly.
