GEORGE TOWN – Born blind and abandoned at birth, Esah Hussin epitomises the adage that anything is possible with grit and determination. The telemarketing officer, 42, has just moved into her newly bought low-medium-cost apartment in Tanjung Tokong, Penang which she bought for RM72,500 in cash. She had saved the…
Tag: first time homebuyers
Beli ‘Jodoh’ Orang Lain
KLANG – Seperti jodoh, rezeki memiliki kediaman sendiri juga adakalanya tiba dalam keadaan tidak disangka. Ada yang bertahun-tahun mencari, tapi belum berjaya memiliki apa yang diidamkan, namun ada pula ‘bertemu jodoh’ walaupun pada asalnya ‘jodoh’ itu untuk orang lain. Selepas menyewa hampir enam tahun, impian Indra Suatau, 35 memiliki kediaman…
The Best Time to Buy Your First Home
While the property market is expected to remain challenging in 2019, for those looking to buy a home for their own stay, it may be a good time to buy as sellers are more flexible with their asking prices while developers are offering attractive packages with freebies and other incentives.…
Finance Ministry: Stamp duty exemption for first-time house buyers from Jan 1, 2019
PETALING JAYA — First-time homebuyers will be fully-exempted from paying stamp duty for properties up to RM1mil from Jan 1, says the Finance Ministry. Finance minister Lim Guan Eng said the move was primarily to increase home ownership as well as to stimulate the sluggish residential real estate market that…
Stamp Duty Waivers Will Boost Housing Market, Says Knight Frank Malaysia
KUALA LUMPUR — The stamp duty waiver on the instrument of transfer for first time home buyers announced in Budget 2019 will provide a boost to the current slow housing market, said Knight Frank Malaysia managing director Sarkunan Subramaniam. “The exemptions and initiatives, in particular the waiver of stamp duty…
Budget 2019: RM1bil Fund for First House Purchase
KUALA LUMPUR – Bank Negara will be setting up an RM1bil fund to finance the first house purchase for those with a monthly income not exceeding RM2,300. Finance Minister Lim Guan Eng said the fund would be provided from Jan 1 2019 to purchase affordable houses priced at up to…
Budget 2019: Government Approves Alternative Financing for First-Time Home Buyers
PETALING JAYA – The government will allow the setting-up of property crowdfunding platforms which will serve as an alternative source of financing for first time homebuyers, said Finance Minister Lim Guan Eng today. The first exchange is expected to go live in the first quarter of 2019, after all necessary…
