An open letter to the government
Housing is undeniably a subject that is very close to the heart of Malaysians.
Housing is undeniably a subject that is very close to the heart of Malaysians.
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.
PETALING JAYA (May 14): Property consultancy Savills Malaysia expects housing prices to firm up in 2019, with real estate developers only able to increase supply by early 2020, following renewed confidence in the market from the new government’s promise of clean and fair governance.
PETALING JAYA (May 11): In a surprising victory, the Pakatan Harapan (Pakatan) coalition has won the 14th general elections and will form the next government.
PETALING JAYA (May 11): The Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) president Foo Gee Jen sees all the property related measures which the Pakatan Harapan (Pakatan) coalition mentioned in their manifesto as a holistic approach to address housing affordability issues.
KUALA LUMPUR (May 5): Bank Negara Malaysia (BNM) said yesterday the definition of affordable houses quoted by the Real Estate and Housing Developers’ Association (Rehda) as being in the price range of RM300,000 to RM500,000 is inaccurate.
PETALING JAYA (April 30): Malayan Banking Bhd (Maybank) aims to provide RM10 billion in loans under its MaxiHome Ezy scheme this year, reported Bernama.
KUALA LUMPUR (April 23): Melaka has been recognised as the state that provides affordable housing with the best pricing, Bernama reported Chief Minister Datuk Seri Idris Haron as saying.
PETALING JAYA (April 21): A growing supply of affordable housing – variously defined as priced below RM500,000 to below RM200,000 by different authorities and consultancies – by public and private entities threatens to keep overhang units undigested, reported The Edge weekly.
KUALA LUMPUR (April 20): Neram 1 Felda’s second generation of settlers have been given housing subsidy of RM30,000 by the Barisan Nasional government to help them buy their own homes.