Dabbling with RTO
A number of government agencies and private developers have already introduced variants of the Rent-To-Own (RTO) concept to facilitate easier home ownership.
Property market seen on marginal recovery
Property sector Maintain positive stance on the property sector: In the Budget 2018 announcement last Friday, the government announced that the “step-up” end financing scheme will be extended to private property developers to encourage more affordable property projects.
50% tax exemption on rent should be given to tenants, not landlords, says RISM
PETALING JAYA (Oct 27): It will be more appropriate if the government granted the 50% tax exemption to tenants as they are the party in need of assistance, instead of rewarding landlords with the Budget 2018 measure to halve tax on rental income, said the Property Management, Valuation and Estate Agency Surveying (PMVS) Division of the Royal Institution Of Surveyors Malaysia (RISM) in a statement today.
Budget 2018 proposals could spur the market, say economists
PETALING JAYA (Oct 27): Economists and analysts are viewing the housing and construction-related proposals in Budget 2018 positively as they could spur the property market.
PEPS: No measures in Budget 2018 to arrest current property market challenges
KUALA LUMPUR (Oct 27): Budget 2018 has failed to address the challenges faced by the current property industry, said the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) in a statement following the tabling of the budget today.
Think tanks: More could be done to boost property sector
PETALING JAYA (Oct 27): While the measures announced by Prime Minister Datuk Seri Najib Razak in Budget 2018 for the housing sector show that the government is continuously trying to help first-time homebuyers, more could be done, said think tanks.
Housing development expenditure likely more than halved in 2017
PETALING JAYA (Oct 27): Development expenditure (DE) for the housing subsector is expected to be more than halved to RM870 million – or 1.
Upcoming budget to promote homeownership in B40
KUALA LUMPUR (Oct 23): Promoting homeownership in the low-income group, or the bottom 40% (B40) demographic of the country, is expected to be part of the upcoming national budget as they form a large part of the electorate.
Instead of building affordable homes, make homes affordable for all
PETALING JAYA (Oct 6): Instead of seeing affordable housing as a specific segment, homes should be made generally affordable for all citizens, said Khazanah Research Institute director of research Dr Suraya Ismail.
Mah Sing hopes more flexible schemes for private projects in Budget 2018
KUALA LUMPUR (Sept 29): While Mah Sing Group Bhd lauds the government’s continuous initiatives to encourage homeownership, the developer hopes for more flexible schemes for private developers’ projects to be announced in the coming Budget 2018.
