KELANA JAYA — Property developers in Malaysia are not optimistic about the sector’s outlook in 2H 2019 at least until the end of the year. Real Estate and Housing Developers’ Association (REHDA) is neutral on the market in the second half of 2019 but feels that things will get better…
PETALING JAYA — The stamp duties on property sales and purchase agreements (SPA) for properties priced up to RM1 million and for loan agreements of up to RM2.5 million that come under the National Home Ownership Campaign 2019 (HOC 2019) will be waived, Finance Minister Lim Guan Eng announced today.…
KUALA LUMPUR — Real Estate & Housing Developers’ Association Malaysia (Rehda) president Datuk Soam Heng Choon said the property mantra of location, location, location no longer holds true these days, having overtaken by location, pricing and type. He said this while addressing the media at the launch of Bank Negara…
KUALA LUMPUR – Hopeful homeowners can now rejoice as the cost of new homes are expected to fall between five and 10% following the Sales and Services tax (SST) exemption on construction services and building materials. “We placed the exemption because we want to boost the real estate sector. We…
UALA LUMPUR – The Real Estate and Housing Developers’ Association Malaysia (Rehda) says it expects some savings in development cost following the government’s move to exempt basic construction materials and construction services from the Sales and Services Tax (SST) in the effort to reduce house prices. “We are expecting between…
Bank Negara Malaysia (BNM) has slammed the Real Estate and Housing Developers’ Association’s (REHDA) definition of affordable housing as inaccurate, saying homes priced at RM300,000 and above cannot be called “affordable”, reported The Sun Daily. “Houses in the price range of RM300,000 to RM500,000 are beyond what is affordable to…
