EPF: Members need to work 4-6 years more to rebuild savings used during pandemic
KUALA LUMPUR (Nov 1): The Employees Provident Fund said RM101 billion has been disbursed to over 7.
LBS: Strong and proactive Budget 2022 to spur economic recovery
PETALING JAYA (Nov 1): Lauding the initiatives highlighted in Budget 2022 notably for the property sector, LBS Bina Group Bhd welcomes the removal of the Real Property Gains Tax (RPGT) on properties sold after the sixth year of acquisition.
MIEA urges govt to extend housing loan scheme to M40
PETALING JAYA (Nov 1): Malaysian Institute of Estate Agents (MIEA) called for the government's attention in encouraging M40’s homeownership by extending the housing loan scheme to M40 income group as well as a move to stimulate the property market.
Sarawak deputy chief minister James Masing dies from Covid-19 despite being fully vaccinated
KUCHING (Oct 31): Sarawak Deputy Chief Minister Tan Sri Dr James Jemut Masing died at Normah Sarawak Medical Centre (NSMC), Petra Jaya here at 7.
Fiabci Malaysia: A timely Budget that helps the families and industries affected by the pandemic
PETALING JAYA (Oct 31): The newly unveiled Budget 2022 is a timely budget that offers relief to the families and industries which were badly affected by the pandemic, with various one-off incentives on individual income tax would augur well as it helps to lighten the burdens of the rakyat collectively, said Datuk Seri Koe Peng Kang, president of International Real Estate Federation Malaysian chapter (FIABCI Malaysia) “It was also heartening to see one of our wishes on the abolishment of RPGT from the fifth year onwards was tabled albeit taking effect only from the sixth year onwards.
Zerin: Good move on RPGT waiver, lack of measures in stimulating secondary market
PETALING JAYA (Oct 31): The proposed waiver of Real Property Gains Tax (RPGT) for properties sold in the sixth year is good news for the property market but more incentives needed for the secondary market and commercial segment, said Zerin Properties CEO Previndran Singhe.
JLL: RM2 billion Housing Credit Guarantee Scheme will benefit first-time buyers
PETALING JAYA (Oct 29): The allocation of RM2 billion Housing Credit Guarantee Scheme announced under the Budget 2022 will benefit first-time homebuyers, especially wage earners without steady incomes, said JLL Property Services (Malaysia) Sdn Bhd country head YY Lau.
More could be done to stimulate property market, says Reapfield
PETALING JAYA (Oct 29): The newly announced Budget 2022 today has disappointed many in the property industry as there are not many significant measures that could stimulate the market, said Reapfield Properties Group COO Jonathan Lee.
PEPS: Minimal impact of Budget 2022 on property market
PETALING JAYA (Oct 29): Association of Valuers, Property Managers, Estate Agents & Property Consultants in the Private Sector Malaysia (PEPS) president Michael Kong (pictured) says the Budget2022 will bring only minimal impact to the property market.
Mah Sing: Housing Credit Guarantee Scheme and RPGT exemption timely for market recovery
PETALING JAYA (Oct 29): Mah Sing Group has lauded the initiatives tabled by the government in Budget 2022 with a total allocation of RM332.
