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KUALA LUMPUR (Oct 21): Budget 2017 that was announced today did not provide measures to shore up the property market or to help the bulk of potential homebuyers to own homes.

KUALA LUMPUR (Oct 21): “Disappointing.

KUALA LUMPUR (Oct 21): The new end-financing scheme exclusively for Perumahan Rakyat 1Malaysia (PR1MA) announced in the 2017 Budget could boost home ownership among middle income earners.

KUALA LUMPUR (Oct 21): The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) had hoped for more measures to be announced by the government to restore the slowdown in the property market.

KUALA LUMPUR (Oct 21): MIDF group managing director Datuk Mohd Najib Abdullah said Budget 2017 has been dedicated to assisting the B40 income group, especially in the area of affordable housing.

KUALA LUMPUR (Oct 21):  The government continues to implement various measures to increase ownership among rural folk including second generation settlers of Felda, Felcra and Risda, and the Orang Asli community, Bernama reported today.

KUALA LUMPUR (Oct 21): Government lands will be made available for the building of 30,000 affordable homes in the country, Prime Minister Datuk Seri Najib Razak said in his Budget 2017 speech today.

KUALA LUMPUR (Oct 21): The “step up” end-financing scheme for the 1Malaysia People’s Housing (PR1MA) programme, as announced under Budget 2017, signals that the government is taking a long-term view on helping the rakyat with their lifelong financial planning, said CIMB Group Holdings Bhd.

KUALA LUMPUR (Oct 21): Civil servants’ housing loan eligibility will be raised from between RM120,000 and RM600,000 to between RM200,000 and RM750,000 under Budget 2017.

KUALA LUMPUR (Oct 21): RHB Banking Group’s group managing director Datuk Khairussaleh Ramli said Budget 2017 bodes well for the business community with the various tax relieves and incentives, which will stimulate a robust small and medium enterprise sector.