THE EDGE REIF 2015: Higher cost, margin compression pressure for developers with GST

PETALING JAYA (April 25): Developers will experience higher cost of inputs and margin compression pressure after the implementation of Good and Services Tax (GST), said Sunway Bhd’s managing director of property development division of Malaysia and Singapore, Sarena Cheah (pictured) during her presentation on “Post-GST -- The Real Impact on Buyers” at the The Edge Investment Forum on Real Estate 2015 today.

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THE EDGE REIF 2015: Knowledge of GST penalties important

PETALING JAYA (April 25): Deputy president of the Real Estate and Housing Developers’ Association (REHDA) Malaysia Datuk Soam Heng Choon (pictured), has cleared the air for property purchasers, stating that while the rules surrounding Goods and Services Tax (GST) are still vague for most people, it will bode well for buyers to download the regulation manual and understand it.

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Landed homes still the most popular residential type in Melaka

MELAKA (April 23): While the majority of residential launches in Peninsular Malaysia were in the RM200,000 to RM500,000 range in 2H2014, launches recorded in Melaka were mainly in the RM500,001 to RM1 million range, according to The Real Estate and Housing Developers Association Malaysia (REHDA) Property Industry Survey 2H2014 released in March.

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IOI Properties gets a slimmer structure

KUALA LUMPUR (April 22): BIMB Securities Research reported on April 21 that IOI Properties Group Bhd now has a leaner structure comprising three main segments -- property development, property investments, and leisure and hospitality.

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