Good intentions behind Budget 2017 but implementation is key: Rehda Selangor
PETALING JAYA (Oct 25): The good intentions behind the measures to increase the supply of affordable housing announced in the recently tabled Budget 2017 may be good but they would need effective implementation, said the Selangor branch chairman of the Real Estate and Housing Developers' Association Malaysia (Rehda), Zulkifly Garib.
Developers may cut prices to ease cash flow in challenging market
PETALING JAYA (Oct 25): This is the time for those looking to buy properties to look out for “bargains” as the challenging property market may prompt some developers to lower prices, said Datuk Steve Chong, the Johor branch chairman of the Real Estate and Housing Developers’ Association Malaysia (Rehda).
Stamp duty exemption should be extended to property purchases up to RM500,000
PETALING JAYA (Oct 24): The Real Estate and Housing Developers’ Association Malaysia (Rehda) deputy secretary general Tan Ching Meng urged the government to extend the zero stamp duty to property transfers worth up to RM500,000 from RM300,000.
Minimal impact from ‘step-up’ end-financing scheme on banks
KUALA LUMPUR (Oct 24): The “step-up” end-financing scheme for the 1Malaysia People’s Housing (PR1MA) programme announced by the government in Budget 2017 is expected to have only minimal impact on the four banks involved, said analysts.
Budget 2017 a let-down for property players
KUALA LUMPUR (Oct 24): Property developers who were anticipating measures to spur the sluggish property market from Budget 2017 last Friday came away disappointed, as there were no clear incentives for them.
Rehda: Govt should expand affordable housing measures to private sector developers
KUALA LUMPUR (Oct 21): The Real Estate and Housing Developers' Association Malaysia (Rehda) wants the government to involve the private sector more when it comes to boosting the affordable housing supply and home ownership in the country.
HBA commends non-relaxation of cooling measures
KUALA LUMPUR (Oct 21): The National House Buyers Association (HBA) is pleased that there were no relaxation of cooling measures in the property sector.
Stamp duty tax hike can boost sales of million ringgit homes before 2018
KUALA LUMPUR (Oct 21): Mah Sing Bhd believes the stamp duty increment for homes worth more than RM1 million will encourage advance buying of completed properties prior to Jan 1, 2018 when the hike takes effect.
MBAM: Construction industry needs foreign workers
KUALA LUMPUR (Oct 21): The Master Builders Association Malaysia (MBAM) said the government should take note that the construction industry needs foreign workers to fill in the demand-supply gap for manpower in the industry.
