Addressing disparity between advertised and end product in housing industry
Mismatched expectations between show units and actual units have become fertile grounds for contention between developers and purchasers.
Mismatched expectations between show units and actual units have become fertile grounds for contention between developers and purchasers.
The MOU enables Cagamas to share its wealth of experience in housing finance and capital market instruments to be mutually exchanged between Malaysia and Uzbekistan.
Datuk NK Tong: Just as developers have cross-subsidised affordable housing, perhaps financial institutions can be encouraged to look at cross subsidies to help finance affordable housing or set up a special fund or quota to give home loans to borrowers in lower income categories (B40 group).
While developers are currently maintaining a neutral view on the business, economic and property industry outlook for the coming year, there is increased optimism anticipated for 1H2024.
Liew said the roadmap will include policies and pathways to assist the iron and steel sector to commence the transition towards reducing its carbon footprint.
As the increase in legal fees is reasonable and not significant when compared against the property value or loan amount, it is not expected to cause a domino effect towards the rising cost of living or house prices.
Rehda Institute chairman Datuk Jeffrey Ng Tiong Lip: Over time, as we build up our collection, the Rehda Institute Digital Resource Centre aspires to be [an] R&D (research and development) centre to publish research and papers relating to [the] housing industry, where we are working on another extensive paper on affordable housing with focus to be published in 2024.
The HBA protem committee came into existence on Oct 16, 1999, comprising the group of buyers who had discovered to their disappointment that getting their woes heard was a frustrating process.
The association also wants the creation of a Housing Index “as different states and localities have different standards or definitions of affordable housing.
The association explained that this would “eliminate the current practice of cross-subsidies that raise the costs of regularly priced housing, making it more expensive for the M40 rakyat to afford homes”.