Malaysia’s Budget 2017 — A quick take on property
● Stamp duty exemption doubled to 100% on instruments of transfer and housing loan instruments to help reduce the cost of first home ownership.
● Stamp duty exemption doubled to 100% on instruments of transfer and housing loan instruments to help reduce the cost of first home ownership.
KUALA LUMPUR (Oct 21): Prime Minister Datuk Seri Najib Razak has proposed a new special “step-up” end financing scheme for the Perumahan Rakyat 1Malaysia (PR1MA) programme when announcing Budget 2017 today.
KUALA LUMPUR (Oct 21): Stamp duty will be exempted for property transfers and housing loan instruments to help reduce the cost of first-time home ownership.
KUALA LUMPUR (Oct 14): Nexgram Holdings Bhd shares were actively traded in the early trade today after its 70% indirectly owned subsidiary bagged two housing development contracts.
KUALA LUMPUR (Oct 13): Blue Hill Development Sdn Bhd, an indirect 70%-owned subsidiary of Nexgram Holdings Bhd, has established a joint venture with Suara Hati Sdn Bhd for the development of PR1MA homes in Gombak.
THE government is certainly aware of the widening gap between the affordability of properties and household income.
KUALA LUMPUR (Sept 20): NWP Holdings Bhd is keen to appoint China-based contractors for the RM744.
UNPERTURBED by the soft property market, Gadang Land Sdn Bhd is forging ahead with the launch of the second phase of its 121-acre mixed-use development, Laman View, in Cyberjaya by the end of this month.
KUALA LUMPUR (Aug 15): Zecon Bhd signed a heads of agreement (HoA) with PR1MA Corp Malaysia for a proposed residential property development within an estimated 22ha (54.
WITH Bank Negara Malaysia (BNM) having cut the overnight policy rate (OPR) by 25 basis points to 3% from July 13, 2016, some major banks have reduced their base rates (BR) and base lending rates (BLR).