Weekly Industry News

REHDA: Home ownership burden lifted

Weekly Industry News

Initiatives outlined in the short-term Economic Recovery Plan (Penjana) will alleviate the financial burden of home-ownership and ultimately contribute to the growth of the economy, said the Real Estate and Housing Developers’ Association (Rehda).

Its president, Datuk Soam Heng Choon welcomed the government’s announcement on the incentives to address the fiscal challenges brought forth by the Covid-19 pandemic and the implementation of the Movement Control Order (MCO) and Conditional MCO.

“With the theme ‘Bersama Menjana Ekonomi’, the Penjana announcement speaks volumes of the government’s commitment to protecting businesses and individuals of all socioeconomic status.

Media Title: New Straits Times

Date: 6 Jun 2020

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