Home purchase limits likely to hurt housing sector


Rehda president Datuk Ho Hon Sang

KUALA LUMPUR: The Real Estate and Housing Developers’ Association Malaysia (Rehda) has cautioned that imposing limits on the number of residential units that Malaysians can purchase for investment may cause a collapse in the housing sector.

President Datuk Ho Hon Sang said the association supports Housing and Local Government Minister Nga Kor Ming’s opposition to recent suggestions for imposing such a cap.

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Rehda , housing , restriction , residential , rental

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