Economists and analysts: A balanced and positive budget
PETALING JAYA (Oct 11): Economist and investment bank analysts view the Malaysian Budget 2020 as a positive one that will improve overall market sentiments.
PAM commends the initiatives proposed, but notes room for improvement
PETALING JAYA (Oct 11): The Malaysian Institute of Architects (PAM) is looking forward to the many new or revived development projects announced in Budget 2020 such the ECRL, Bandar Malaysia township, upgrading of airports, and Carey Island development to make Port Klang maritime centre and cargo logistics hub.
Impact of lowering foreign buying threshold depends on states
PETALING JAYA (October 11): While the move to bring down the buying threshold by foreign property purchasers would help spur interest from some foreign buyers, it is unclear how significant of an effect it will have, said Henry Butcher (M) Sdn Bhd chief operating officer Tang Chee Meng.
Don’t send the wrong message by helping dilapidated strata housing, says BMAM
PETALING JAYA (Oct 11): The government should be very careful in allocating funds to repair and refurbish low- and medium-cost strata housing as it could be sending the wrong message to the owners, warned the Building Managers Association of Malaysia (BMAM).
Rehda institute lauds move to encourage home ownership through RTO
PETALING JAYA (October 11): Rehda Institute chairman Datuk Jeffrey Ng is glad to see the government recognising the issues faced by first time homebuyers and offering solutions, including promoting Rent-to-Own (RTO) schemes to lower the entry barrier for them.
Budget 2020: Rahim and Co cautions potential home buyers to not take on too much debt, has neutral outlook on Budget 2020
PETALING JAYA (Oct 11): Neutral.
MIPFM: The real challenge of strata housing maintenance lies in the collection of maintenance charges
PETALING JAYA (Oct 11): While the government’s move to reinstate the maintenance of low and medium cost strata housing is laudable, it is likely that the state of these houses will fall back to square one if the real issue is not tackled, according to the Malaysian Institute of Property and Facility Managers (MIPFM).
Budget 2020 a boon for Johor economy and property, says KGV International Property Consultants
PETALING JAYA (Oct 11): Budget 2020 is expected to improve the economy of Johor, according to KGV International Property Consultants Sdn Bhd executive director Samuel Tan.
Budget 2020: Still need more to stimulate property market, says Rehda
PETALING JAYA (OCT 11): The Real Estate and Housing Developers’ Association Malaysia (Rehda) hopes that more government incentives will be forthcoming to further spur the property market after the Home Ownership Campaign 2019 (HOC 2019) ends Dec 31, 2019.
What Malaysia's banking chiefs say about Budget 2020
KUALA LUMPUR (Oct 11): Pragmatic, carefully curated to benefit the rakyat across ethnic groups and with timely incentives to reduce the country's dependence on foreign labour — these are among the comments from Malaysia's top bankers on Budget 2020, which was tabled in Parliament today by Finance Minister Lim Guan Eng.
