Budget 2017 was announced last week and here is a quick summary on property sector – Affordable Housing. What do you think for this Budget 2017? Do you think the Budget 2017 can help you to buy your dream home incoming year? Comment below to let us know your thought. —WMAPROPERTY It’s not about property … Read more
CH Williams, Talhar & Wong (WTW) sees the 2017 Budget’s impact on the property sector as relatively neutral as funds allocation, cost and taxes proposed were focused more on alleviating the home buying woes of first time buyer. WTW noted that the stamp duty waived for the acquisition of homes priced up to RM300,000 by … Read more
BATU PAHAT: State investment arm Johor Corporation, through its subsidiary Johor Land Bhd, is set to develop 2,659 houses that includes affordable homes in Sri Gading here. The development on a 95.50ha land, known as Taman Mutiara Gading, would also see the construction of a specialist hospital that costs RM95mil to meet the people’s healthcare … Read more
THERE is good news for those dreaming of owning a landed property in idyllic Balik Pulau, Penang. ABSM Land Sdn Bhd’s Rena Park, located in Sungai Rusa, comprises three-storey terrace units that are perfect for those looking for an ideal, affordable and spacious home. ABSM Land chief executive officer Rethinam Pillay (pic) said the first … Read more
KUALA LUMPUR, Oct 12 (Bernama) — Property portal, PropertyGuru, is suggesting that more attention be given, in the 2017 Budget, to access to housing loans following the increase in the supply of affordable houses. The portal, in a statement, said with Malaysia’s property market experiencing a serious downturn, action needed to be taken to instil … Read more
SUNGAI PETANI, (Bernama) — The house buying issue among the young generation is expected to be among the key focus areas of the 2017 Budget to be tabled on Oct 21. Deputy Finance Minister, Datuk Othman Aziz, said this issue must be given attention considering there were many among the young generation who could not … Read more
KUALA LUMPUR, Oct 6 (Bernama) — Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar’s proposal for housing developers to be given moneylending licences to offer loans to non-bankable house buyers has drawn much debate as to its viability. If house buyers, especially the first-timers, cannot get a normal bank loan at an … Read more
The government is currently in discussion with the Employee Provident Fund (EPF) to allow first-time house buyers to tap into their EPF savings to cover the financing. This followed suggestions that funds within the EPF Account 2 be increased from the current 30 percent to 40 percent. According to Second Finance Minister Datuk Johari Abdul … Read more
KUANTAN — The three-day Malaysia Property Exposition Pahang II (MAPEX II) here, which will start from Oct 14, 2016, will offer over 3,000 units worth RM1.25 billion. Real Estate and Housing Developers’ Association (REHDA) Pahang branch’s Chairman, Chua Say Chai, said 28 residential and commercial developers from Pahang, Terengganu, Kuala Lumpur and Melaka will participate in … Read more
JOHOR BARU: The Urban Wellbeing, Housing and Local Government Ministry has been urged to review the quality of building materials used by the contractors in People’s Housing Project (PPR). Pulai MP Datuk Nur Jazlan Mohamed said the call was made based on his visit to PPR Sungai Melana in Taman Perling here, where there were … Read more
You must be logged in to post a comment.