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.
KUALA LUMPUR (Oct 30): The government is considering proposals by property developers to reintroduce the developers interest bearing scheme (DIBS) and relax lending guidelines to promote first home ownership, said Minister in the Prime Minister’s department Datuk Sri Abdul Wahid Omar.
We asked several property experts and agents on their views on the lack of changes or announcements on Real Property Gains Tax (RPGT) and Developers Interest Bearing Scheme (DIBS) for Budget2016.
KUALA LUMPUR (Oct 23): Budget 2016 did not provide any provisions for the middle-income group, where some were waiting for help to purchase their first homes.
KUALA LUMPUR: Property developers hope the developer interest bearing scheme (Dibs) will make a comeback in Budget 2016, a controversial property financing scheme that was banned in 2014 as part of the government's cooling measures.
PETALING JAYA (Oct 16): Property players are hoping that Budget 2016 will make it easier for first-time homebuyers to buy property.
KUALA LUMPUR (May 20): A subsidiary of Magna Prima Bhd, Ibsul Development (Sel) Sdn Bhd, has filed a writ of summons and statement of claim against Selangor’s property development arm Perbadanan Kemajuan Negeri Selangor (PKNS), to claim special damages amounting to RM2.
KUALA LUMPUR (May 11): The Malaysian Investment Development Authority (MIDA) and the Construction Industry Development Board (CIDB) believed productivity, safety and competitiveness among industry players will be enhanced with the greater adoption of Industrialised Building Systems (IBS).
The only property app you need. More than 200,000
sale/rent listings and daily property news.
