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.
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.
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.
PETALING JAYA (Oct 27): While the measures announced by Prime Minister Datuk Seri Najib Razak in Budget 2018 for the housing sector show that the government is continuously trying to help first-time homebuyers, more could be done, said think tanks.
KUALA LUMPUR (Oct 27): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) said it will ensure that the Mass Rapid Transit Line 3 (MRT 3) or the Circle Line will be delivered on time and within budget.
Here are the Budget 2018 highlights for infrastructure, housing and construction: Infrastructure: The MRT 3 or Circle Line's completion to be brought forward to 2025 — previous estimated completion was 2027.
PETALING JAYA (Oct 27): The government will continue to improve public transport, particularly rail services, to propel connectivity and economic growth, according to the “Economic Report 2017/2018”.
PETALING JAYA (Oct 27): The average house price in Malaysia rose by 5.
KUALA LUMPUR (Oct 27): WCT Holdings Bhd is expected to list its real estate investment trust (REIT) in mid-2018, after it had had delayed the listing of the property trust that was scheduled by end-2017, according to Affin Hwang Investment Bank Bhd (Affin Hwang IB).
KUALA LUMPUR (Oct 27): GuocoLand (M) Bhd’s net profit rose fourfold to RM1.