Archive for category: News

One million affordable homes a ‘tall order’ for Malaysia

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The government’s plan to build one million units of affordable homes within the next 10 years can be achieved albeit being a tall order, CBRE|WTW mana...

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Need to further define RPGT

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REAL Property Gain Tax (RPGT) is a good mechanism to curb market speculation. However, its objectives need to be better defined, says PropertyGuru Mal...

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One million affordable homes in 10 years a tall order, but achievable

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The government’s promise of providing one million affordable homes over 10 years is a tall order but an achievable target, said CBRE-WTW managing dire...

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Don`t intervene in housing. Ideas tells government

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The Institute for Democracy and Economic Affairs (Ideas) has warned the government to be careful of not intervening the housing market directly and cr...

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Not in my back yard to Yes in my back yard

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SIXTY years ago, while I was studying in the University of Sydney, I read an article in the press of a lady living at Redfern, a suburb just after Cen...

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Diskaun bukan penyelesaian atasi rumah tidak terjual

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Pemberian diskaun dan rebat bukan penyelesaian dalam menangani isu lambakan unit kediaman tidak terjual yang semakin serius di negara ini, sebaliknya ...

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A REIT to deal with overhang units

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The Real Estate and Housing Developers’ Association’s (Rehda) proposal for a residential real estate investment trust (REIT) to provide housing for re...

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RPGT now a pure taxation tool, discourages long-term investment

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The revised Real Property Gains Tax (RPGT) rates that took effect from Jan 1, 2019, may lead to quicker disposals upon the fifth year of holding perio...

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Govt: Affordable homes to be capped below RM300,000

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THE government is expected to put a cap on affordable homes at RM300,000 for units with a minimum of 900 sq ft, to provide more opportunities for the ...

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Developers commit to 10% price markdown to alleviate glut

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Some 180 property developers have pledged to slash the prices of their unsold homes by at least 10% as the real estate sector struggles to clear RM22 ...

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Sentiment in property market could improve this year, says Knight Frank

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Policies and measures announced in the 2019 budget are expected to strengthen demand in the local property market, especially among firsttime homebuye...

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Property sector expected to recover in first half

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The property market is expected to recover within the first half of 2019, as industry experts reckon that home sales have already bottomed out. Mayban...

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