News about Soam

Hello 2020! A new decade has just begun.

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.

KUALA LUMPUR (Oct 19): The Real Estate and Housing Developers’ Association Malaysia (Rehda) has dismissed claims that the lowered property threshold is meant to bail out property developers.

KUALA LUMPUR (Oct 17): Sales campaigns and the falling number of available units owing to the “self-discipline” of developers will help improve the local property market, Bloomberg reported today.

KUALA LUMPUR (Oct 16): The lower property threshold for foreign ownership will help “solve the liquidity problem faced by developers”, LBS Bina managing director Tan Sri Lim Hock San (pictured) told China Press in an interview.

KUALA LUMPUR (Oct 15): Real Estate and Housing Developers’ Association (Rehda) president Datuk Soam Heng Choon is of the view that there is not much in Budget 2020 for the property sector, as many of the measures listed are already in place.

KUALA LUMPUR (Oct 14): The Real Estate and Housing Developers’ Association (Rehda) has dismissed claims that a lowering of the threshold for foreigners to buy property from RM1 million to RM600,000 would lead to developers raising their prices, reported Free Malaysia Today.

Malaysian homebuyers are open and ever ready to consider new homeownership schemes as long as they benefit them.