News about overhang

PETALING JAYA (Oct 4): The Association of Valuers, Property Managers, Estate Agents and  Property Consultants in the Private Sector Malaysia (PEPS) is urging the government to review the current Real Estate Property Gains Tax (RPGT) so it can have a positive impact in stimulating  the country’s  housing market.

KAJANG (Sept 23): Close to 40% of the overhang residential properties recorded in the country are made up high-rise units priced below RM400,000, according to latest data released by the National Property Information Centre (Napic) today.

KUALA LUMPUR (June 26): One way to resolve the property overhang is to stop being so strict over Malaysia My Second Home (MM2H) applications from Chinese nationals, said a developer.

KUALA LUMPUR (April 26): One of the reasons house prices are inflated in certain parts of the country is the sales comparison approach used in evaluating property prices here, said Khazanah Research Institute (KRI).

  The National Mortgage Corporation of Malaysia (Cagamas Bhd) plans to introduce a shared equity home ownership scheme for the middle 40% (M40).

PETALING JAYA (March 27): Continuing soft market conditions and affordability issues in the country may see the level of unsold housing units rise further in the short term, however, sharp declines in house prices are unlikely, said Bank Negara Malaysia (BNM) in its Financial Stability and Payment Systems Report 2018.

对于很多人来说，买房是一件很艰难的事。大笔的前期费用和几乎长达一生的房贷，都让很多人对买房却步。 所以，如果出现能够降低买房的费用，任何人都应该好好把握。 在这方面，政府就推出了豁免印花税、低息贷款和头期补贴等计划，来帮助人民、尤其是低收入阶层和首购族买房。   豁免印花税 在2019年1月1日至2020年12月31日期间购买RM30万以下的房屋，有关贷款协议和转名文件可以豁免印花税 在2019年7月1日至2020年12月31日期间购买RM30万以上至RM50万的房屋，有关贷款协议的首RM30万金额和转名文件将被豁免印花税。 在2019年1月1日至6月30日期间购买RM30万至RM100万房屋的首购族，转名文件的印花税将被豁免 在今年初至6月期间举办的National Home Ownership Campaign 2019买房，贷款文件的RM250万以下的金额，还有转名文件的RM100万以下金额将被豁免印花税   Youth Housing Scheme 这个计划为单身或已婚青年的首套房屋提供100%贷款 只限RM10万至RM50万的房子 名额只有2万名，先到先得 在前两年将提供每月RM200的财务援助 RM30万以下房屋的转名和贷款文件将豁免印花税 最长的贷款期限是35年，前提是贷款者在期限到期时的年龄将不超过65岁 申请资格：25至40岁的大马公民、首购族，还有每月家庭收入不超过RM1万   First Home Deposit Funding Scheme（MyDeposit） 这个计划协助首购族在购买新房或价格为RM50万和以下的二手房屋时，支付10%或最高RM3万的买房头期 有关房屋在未来10年不能出售 业主不能将该房屋出租，只能用来自住 申请资格：21岁和以上的大马公民、首购族，还有每月家庭收入介于RM3,000至RM1万5,000   Bank Negara Malaysia’s Fund For Affordable Homes 一个由国家银行设立的RM10亿基金，旨在协助低收入阶层中的首购族，买到RM15万和以下的新房 每年的利息最高是3.

      Definition Number of launches comprises properties launched in 3Q2018 Property overhang comprises units that are completed with the Certificate of Completion and Compliance /Temporary Certificate of Fitness for Occupation (TCF) but remained unsold for more than nine months from the date of launch or after 1st Jan 1997 Existing stock are units that have been issued with the certificate of fitness (CF) or TCF prior to the review period  Incoming supply comprises units where physical construction works are in progress including starts and CF/TCF which have not been issued during the review period Planned supply comprises units with building plan approval obtained within a review quarter.

  PETALING JAYA (Jan 30): To resolve the property supply and demand mismatch in Malaysia, Khazanah Research Institute (KRI) director of research Dr Suraya Ismail opined that housing prices just need to be within the average wage earners’ affordability level.

GEORGE TOWN (Jan 30): The issue of oversupply of homes in the country is worsening, and authorities need to take action, especially in the affordable housing category, say developers, The Malay Mail reports that Penang Real Estate and Housing Developers Association (Rehda) chairman Datuk Toh Chin Leong said this was also why the National Home Ownership Campaign was being conducted.