News about HDA

Malaysia offers a more competitive environment compared to Singapore while still providing easy access to Singapore's financial and professional resources.

Chmiel pointed out that if software and other technological elements within the real estate process are merely relegated to data repositories, it will negatively impact homebuyers by hindering their access to authentic information from developers or platforms.

The current rate of 3% is already lower than the 3.

“Turning KL from a 12-hour city to a 24-hour city, bringing universities and R&D centres, and creating rental housing in the inner city retrofitted from older buildings, could be transformative for KL.

The recent Asia Real Estate Leaders study trip revealed multi-faceted insights into the Vietnam property landscape, giving a clearer picture on how opportunities could be gleaned amidst challenges including local demand, bureaucratic red tapes and indefinite legislations.

“REHDA understands that homeowners want to ensure that their rights are protected against errant developers or contractors, but the guidebook was never meant to be used as a checklist of any sort,” said president, Datuk Ir Ho Hon Sang.

“REHDA agrees that introducing such measures can cause a collapse to the housing industry, which will also impact 180 upstream and downstream industries within the ecosystem, and eventually affecting the economy as well.

All those who participated have gained insights on developments in the property segment in different parts of the world.

“The continued allocation of RM10 billion for 20,000 rakyat through SJKP will definitely benefit potential homebuyers without monthly income statement.

“The new owners inheriting these properties may end up having to sell their ancestral home as they cannot afford to pay the imposed tax, thus losing their home and an investment kickstarted by their deceased family, and discourage long-term ownership of properties,” said REHDA president, Datuk Ir Ho Hon Sang.