KUALA LUMPUR (Oct 23): Mah Sing Group Bhd commends the various Budget 2016 initiatives including the reiteration of commitments to major infrastructure projects and measures to create more affordable housing.
KUALA LUMPUR (Oct 23): The Real Estate and Housing Developers’ Association (Rehda) is realistic about the economic challenges faced by the country and views Budget 2016 in a positive manner “Rehda acknowledged the fact that this is a challenging budget as the country’s major source of income from oil and gas industry was slashed.
It has been announced that RM200 million has been allocated under Budget 2016 to help first-time buyers pay a deposit on an affordable home.
KUALA LUMPUR (Oct 23): Budget 2016 did not provide any provisions for the middle-income group, where some were waiting for help to purchase their first homes.
KUALA LUMPUR: Property developers hope the developer interest bearing scheme (Dibs) will make a comeback in Budget 2016, a controversial property financing scheme that was banned in 2014 as part of the government's cooling measures.
KUALA LUMPUR (Oct 19): Master Builders Association Malaysia (MBAM) hopes to see a greater reduction in import duties for heavy construction machinery as well as a normalisation of foreign workers under the 6P Programme to Temporary Work Permit (PLKS) status, which can be renewed instead of deporting them back, in this Friday's Budget 2016 announcement.
PETALING JAYA (Oct 16): Property players are hoping that Budget 2016 will make it easier for first-time homebuyers to buy property.
The cautious market seen in Kota Kinabalu, Sabah, in the second quarter of this year is expected to continue in the third quarter with limited price growth in the secondary market, especially for high-end condominiums in the city centre.
PETALING JAYA (Oct 2): Sub-sales of property, particularly in Klang Valley, have dropped by 20%, revealed director of Vivahomes Realty, Alvin Foo, at a briefing by theedgeproperty.
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