Weekly Industry News

Rehda targets sales of at least RM3b from campaign

Weekly Industry News

The Real Estate and Housing Developers’ Association (Rehda) hopes that the Home Ownership Campaign (HOC) 2019 — from Jan 1 to June 30 — will see total sales of at least RM3 billion, president Datuk Soam Heng Choon said in a media conference on Feb 25.

He explained that the target is based on the sales of RM2 billion to RM3 billion achieved in previous HOCs.There were two HOCs earlier, in 1998/99 and 2002.

“One need not be a first-time homebuyer, and each person is entitled to purchase one property.

People will take time to decide and confirm their purchases …but for the entire campaign period, I think we can achieve RM3 billion to RM4 billion in sales,” said Soam.

MediaTitle: The Edge

Date: 04 Mar 2019

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