Weekly Industry News

Penjana’s HOC campaign can assist developers sustain cash flow

Weekly Industry News

The reintroduction of the Home Ownership Campaign (HOC) to encourage the purchase of new houses, particularly in the primary sales market, under the National Economic Recovery Plan (Penjana) incentives will help assist developers in sustaining their cash flow.

Scott International (Malaysia) chairman Datuk Sr Lau Wai Seang said this meant potential purchasers are given a choice whether to commit to a house purchase or not.

Media Title: The Star

Date: 8 Jun 2020

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