UPDATE Rehda: Property prices to drop with zero GST

PETALING JAYA (May 17): Property prices are expected to drop following the goods and services tax (GST) rate reduction to zero from 6% prior, with commercial properties to see an immediate drop come June, said the Real Estate and Housing Developers’ Association (Rehda) president Datuk Seri FD Iskandar.

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Maybank Investment: GST zero rate positive but needs more clarity

PETALING JAYA (May 17): Although the imposition of the zero-rated Goods and Service Tax (GST) came earlier than expected, Maybank Investment Bank views the latest announcement by the new Pakatan Harapan (Pakatan) led government as a positive move which could spur the earnings growth of the property development industry.

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MBAM hopes for better communication with new govt

PETALING JAYA (May 11): The Master Builders Association Malaysia (MBAM) is expecting  better communication between construction companies and the Pakatan Harapan government to resolve issues faced by industry players, especially small-sized contractors, Bernama reported today.

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All-encompassing tenets of development

What is the foundation of responsible property development? What ensures the longevity of a project and the community that inhabits and animates its spaces? Multiple award-winning property developer S P Setia Bhd Group, one of the nation’s most esteemed builders, has all-encompassing tenets that it has applied time and again to its townships, integrated developments and projects, some of which have become landmarks and landscape-redefining catalysts in their own right.

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