News about HOC

PETALING JAYA (March 1): LBS Bina Group Bhd has appointed managing director Tan Sri Lim Hock San to succeed Datuk Seri Lim Bock Seng as the group’s executive chairman, effective today.

PETALING JAYA (Jan 7): LBS Bina Group Bhd (LBS) plans to launch projects worth an accumulated gross development value (GDV) of RM2.

政府宣布，在拥屋计划（HOC）期间，购买第三间及接下来价值RM60万以上的房屋，贷款融资不再限制于屋价的70%。这项消息对正考虑购买第三套房产的人，例如特许会计师Callie来说，无疑是一项好消息。 Callie在今年年初本来就打算购买第三套房产，但由于银行为她提供的贷款额仅为房价的70%，所以选择暂时搁置她的购买计划。 Callie的第一处物业是位于吉隆坡Taman Ehsan屋龄20年的单层排屋。八年前，她在母亲的资助下，以RM360,000买下人生中第一套房子。 她的第二处物业是位于Kepong的全新公寓单位，售价为RM420,000。在去年年底领取钥匙后就用来出租了。 至于刚刚购买的第三处物业，是位于Bandar Sri Damansara的低楼层二手公寓单位，价格为RM280,000。在政府的房屋振兴计划下，她成功获得占房价90%的贷款额，顺利买下该单位。 她告诉EdgeProp.

The announcement of the removal of the 70% financing cap for a third home loan of RM600,000 and above during the Home Ownership Campaign (HOC) period is encouraging news for those mulling the purchase of a third property.

PETALING JAYA (Sept 30): The sales of the Home Ownership Campaign (HOC) 2020-2021 are expected to be lower than last year owing to the lacklustre performance in the first half of 2020, said Real Estate and Housing Developers' Association (Rehda) Malaysia president Datuk Soam Heng Choon.

KUALA LUMPUR (Aug 18): UEM Sunrise Bhd launched “The Happy Chase Gameshow” contest on Aug 14.

Although market sentiment is generally bearish owing to the Covid-19 pandemic and economic slowdown, Malaysia has been able to fend off the worst thus far, thanks to its strong fundamentals and the government’s efforts to bolster the economy.

PETALING JAYA (July 27): Due to the Covid-19 pandemic and the ensuing Movement Control Order (MCO), LBS Bina Group Bhd (LBS) has revised its 2020 sales target to RM1 billion from the previously set figure of RM1.

PETALING JAYA (July 13): The reintroduction of the Home Ownership Campaign (HOC) will provide the sluggish property market a much needed boost, according to Knight Frank Malaysia managing director Sarkunan Subramaniam.

  SEREMBAN (July 10): Property developer Matrix Concepts Holdings Bhd said today it is confident of surpassing its sales target of RM1.