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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Savills Malaysia: Housing prices to firm up in 2019

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.

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PEPS: Pakatan’s affordable housing policy a step in the right direction

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.

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Affordable housing influx may worsen overhang situation

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.

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