New home sale restrictions may see developers repricing homes

PETALING JAYA (Jan 29): The revisions to Budget 2016 -- which include limiting the sale of new homes priced up to RM300,000 for first time buyers -- may see developers re-pricing properties launched last year to accommodate customers who bought properties before, said Malaysian Institute of Estate Agents’ (MIEA) president Erick Kho.

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Reinstatement of DIBS for first-time homeowners?

Property sector Maintain overweight with buy calls on Mah Sing Group Bhd, Malaysian Resources Corp Bhd, Eastern & Oriental Bhd and Titijaya Land Bhd: The Edge weekly reported that the federal government is considering a proposal by the Real Estate and Housing Developers’ Association Malaysia (Rehda) to relax lending guidelines to boost first-home ownership.

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Rehda and MBAM give their views on Budget 2016

KUALA LUMPUR (Oct 23): The Real Estate and Housing Developers’ Association (Rehda) is realistic about the economic challenges faced by the country and views Budget 2016 in a positive manner “Rehda acknowledged the fact that this is a challenging budget as the country’s major source of income from oil and gas industry was slashed.

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