Rehda seeks review of cooling measures in Budget 2016

KUALA LUMPUR: A call to review the cooling measures on sales of properties in Malaysia was submitted by the Real Estate and Housing Developers’ Association Malaysia (Rehda) in the form of a wish list for Budget 2016.

To facilitate home acquisition in the country, Rehda said banks should introduce a new homebuyer-friendly scheme especially for first-time buyers of houses priced up to RM500,000.