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KUALA LUMPUR (Nov 6): Hospitality player Low Yat Group today urged the Government to regulate short-term stays to curb the issue of accommodation oversupply in the hospitality and tourism industry.

KUALA LUMPUR (Nov 5): Budget 2019 was a surprisingly expansionary one by most measures, but one area in which the government carefully cut back was subsidies.

SEMENYIH (Nov 4): Homebuyers under the FundMyHome scheme not only has the opportunity to own a home at only 20% of the house price but could also tap the robust property market to enjoy investment return, said The Edge Group Chairman Datuk Tong Kooi Ong.

SEMENYIH (Nov 4): Every family deserves a decent shelter over their heads but there are some of them who just can’t afford one, hence, the market needs an inclusive scheme that could bring all the stakeholders together to help those in need to find their ideal home while resolving the problem of market supply mismatch, said The Edge Media Group chairman Datuk Tong Kooi Ong.

KUALA LUMPUR (Nov 3): The Housing and Local Government (KPKT) Minister Zuraida Kamaruddin said the Budget 2019 is an accurate and detailed plan to solve homeownership issues for Malaysians.

KUALA LUMPUR (Nov 4): The increase in Real Property Gains Tax (RPGT) on the profits from disposal of real estate will see the increases in sub-sale prices of properties, said the Malaysian Institute of Architects (PAM).

The measures introduced in Budget 2019 will certainly help to promote home ownership, said Paramount Corp Bhd CEO Jeffrey Chew.

KUALA LUMPUR (Nov 2): The various housing measures proposed in Budget 2019 will benefit the low-income group, first-time home buyers, government servants and address the current overhang situation of residential properties, said Public Bank Bhd founder and chairman Tan Sri Dr Teh Hong Piow.

PETALING JAYA (Nov 2): It would make more sense for the government to increase the Real Property Gains Tax (RPGT) rates within the first five years instead of imposing a 5% tax rate for Malaysian individuals after the fifth year, said the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS).

PETALING JAYA (Nov 2): The National House Buyers Association (HBA) has urged the government to take measures to slow down escalating property prices by raising the supply of homes in the affordable housing segment through  government-linked corporations, state economic agencies and  bodies such as Perbadanan PR1MA Malaysia (PR1MA).