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KUALA LUMPUR (Oct 21): The National House Buyers Association (HBA) is pleased that there were no relaxation of cooling measures in the property sector.

KUALA LUMPUR (Oct 21): Mah Sing Bhd believes the stamp duty increment for homes worth more than RM1 million will encourage advance buying of completed properties prior to Jan 1, 2018 when the hike takes effect.

KUALA LUMPUR (Oct 21): The Master Builders Association Malaysia (MBAM) said the government should take note that the construction industry needs foreign workers to fill in the demand-supply gap for manpower in the industry.

KUALA LUMPUR (Oct 21): Real estate consultants are worried that the increase in stamp duty for real estate transactions priced above RM1 million from 3% to 4% starting January 2018 will have a  negative impact on the property market.

KUALA LUMPUR (Oct 21): Budget 2017 that was announced today did not provide measures to shore up the property market or to help the bulk of potential homebuyers to own homes.

KUALA LUMPUR (Oct 21): “Disappointing.

KUALA LUMPUR (Oct 21): The new end-financing scheme exclusively for Perumahan Rakyat 1Malaysia (PR1MA) announced in the 2017 Budget could boost home ownership among middle income earners.

KUALA LUMPUR (Oct 21): The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) had hoped for more measures to be announced by the government to restore the slowdown in the property market.

KUALA LUMPUR (Oct 21): MIDF group managing director Datuk Mohd Najib Abdullah said Budget 2017 has been dedicated to assisting the B40 income group, especially in the area of affordable housing.

KUALA LUMPUR (Oct 21):  The government continues to implement various measures to increase ownership among rural folk including second generation settlers of Felda, Felcra and Risda, and the Orang Asli community, Bernama reported today.