PETALING JAYA (April 17): Whether property developers will lower the prices of their products in light of the current economic downturn brought on by the Covid-19 pandemic would depend on how desperate the developer is, but one thing is certain prices will definitely come down, said Datuk Soam Heng Choon, Real Estate and Housing Developers’ Association (Rehda) president.
PETALING JAYA (April 9): An association of property developers has urged workers in the construction industry to accept pay cuts to help the companies employing them stay afloat, Free Malaysia Today reported today.
PETALING JAYA (April 8): The Real Estate and Housing Developers' Association Malaysia (Rehda) wants the government to enact an all-encompassing force majeure exemption bill or a COVID-19 (Temporary Measures) Bill to lawfully protect business owners in light of the COVID-19 outbreak.
KUALA LUMPUR (March 26): Housing prices in Malaysia are under pressure and Malaysian homebuyers could pick up some real bargains soon as the property market turns sour with the current COVID-19 outbreak, according to real estate consultancy Savills Malaysia managing director Datuk Paul Khong.
PETALING JAYA (March 20): Real Estate and Housing Developers Association Malaysia (Rehda) president Datuk Soam Heng Choon said the current COVID-19 pandemic and economic uncertainties will affect all sectors in Malaysia, including the property development sector.
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PETALING JAYA (Nov 14): The Strata Management Act 2013 acts as a guide in preventing and resolving problems, but what's really required in strata living is common sense, said Chur Associates founder and managing partner Chris Tan.
PETALING JAYA (Nov 8): The Real Estate & Housing Developers’ Association Malaysia (Rehda) has urged the government to amend the relevant Acts and Regulations to provide the Land and Mines Office (PTG) with the power to approve a comprehensive and more “equitable” formula and weightage factors to calculate share units for the different components of a mixed development.
KUALA LUMPUR (Oct 19): The property sector has “multiplier effects” on more than 140 industries in the country, and any property market crash will lead to wealth destruction for the people, Real Estate and Housing Developers’ Association Malaysia (Rehda) president Datuk Soam Heng Choon said in a report by The Edge Malaysia this week.
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