Archive for category: News

Housing demand post-MCO — back to basics

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Demand, alongside supply, is the most fundamental aspect of the Economic Theory, referring to the ability and willingness of consumers to purchase a p...

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CME perplexed about proposed property vacancy tax

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The proposed property vacancy tax to be paid by developers on unsold units priced above RM500,000 should be avoided and cannot even be defined as a “t...

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Resolve the property supply overhang in a positive way, not through a punitive tax

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On Aug 19,2020, Housing and Local Government Minister Zuraida Kamaruddin announced the government’s intention to implement a “vacancy tax&...

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Cukai pengosongan jejaskan pasaran hartanah

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Institut Ejen dan Perunding Hartanah Profesional Malaysia (MIPEAC) menyatakan bahawa ia percaya cadangan pelaksanaan cukai pengosongan tidak kena pada...

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Covid-19 Act to help contractors avoid paying late charges

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Legislators are debating the Covid-19 Bill, which, once approved by Parliament, will push back most of the liability claims from businesses across a w...

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Imposing a tax on unsold and vacant properties will be a disaster

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IT was recently reported that a vacancy tax on unsold properties may be imposed on property developers to reduce the overhang. A tax on the inventory ...

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Consultants: Vacancy tax won`t solve overhang

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The government’s plan to impose a vacancy tax on developers to resolve Malaysia’s unsold units have been shot down by property consultants...

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Buying a house during challenging times

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Elisa longs for a home of her own. The thirty-year-old lives with her parents and is saving up to buy a property. Her main obstacle is coming up with ...

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Property developers seeing strong bookings

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Property developers are seeing strong bookings, particularly in June, since the reintroduction of the Home Ownership Campaign (HOC). However, UOB Kay ...

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Adopt IBS for efficiency and cost-saving

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PROPERTY developers are urged to optimise the usage of industrialised building system (IBS) as it could further reduce development cost-efficiently. W...

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Is our Covid-19 Bill the panacea?

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This Bill does not appear to be fulfilling its real purpose, which is to suspend, for a specified period, enforcement of contractual obligations again...

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Will it be different for properties this time

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Real estate is an asset class that attracts investors in a low-interest-rate environment. Recall that property prices started climbing after the 2008 ...

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