Property market seen on marginal recovery
Property sector Maintain positive stance on the property sector: In the Budget 2018 announcement last Friday, the government announced that the “step-up” end financing scheme will be extended to private property developers to encourage more affordable property projects.
EcoWorld moves up the rankings
PETALING JAYA (Oct 30): Relative newcomer Eco World Development Group Bhd (EcoWorld) ranked fifth in The Edge Malaysia Top Property Developers Awards 2017, following its sixth place last year.
HBA: Affordable housing policy needs to be targeted at the right segment
PETALING JAYA (Oct 27): The National House Buyers Association (HBA) has lauded the government’s move to build more affordable homes.
Budget 2018 trains eyes on rental market
KUALA LUMPUR (Oct 27): Budget 2018’s proposals to stimulate the housing rental market could mark the beginning of a greater focus on the rental market in the near future, according to Laurelcap Sdn Bhd executive director Stanley Toh.
Budget 2018 may boost the property market ‘indirectly’
PETALING JAYA (Oct 27): Although Budget 2018 doesn’t have any significant proposals for the property market, some of the proposals may indirectly offer opportunities to boost demand for houses.
CBRE | WTW: No news on DIBS, RPGT is good news
KUALA LUMPUR (Oct 27): CBRE | WTW viewed the government’s move of not reintroducing the developer interest bearing scheme (DIBS) and maintaining the current real property gains tax (RPGT) rate in Budget 2018 as positive.
50% tax exemption on rent should be given to tenants, not landlords, says RISM
PETALING JAYA (Oct 27): It will be more appropriate if the government granted the 50% tax exemption to tenants as they are the party in need of assistance, instead of rewarding landlords with the Budget 2018 measure to halve tax on rental income, said the Property Management, Valuation and Estate Agency Surveying (PMVS) Division of the Royal Institution Of Surveyors Malaysia (RISM) in a statement today.
Budget 2018 is good, but has no big surprises, say developers
PETALING JAYA (Oct 27): Budget 2018 shows that the government is doing their best to address the issues faced by the rakyat, but there were no major surprises announced, said property developers.
Budget 2018 proposals could spur the market, say economists
PETALING JAYA (Oct 27): Economists and analysts are viewing the housing and construction-related proposals in Budget 2018 positively as they could spur the property market.
