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JOHOR BARU: Prospective property buyers are likely to benefit from the aftermath of Covid-19 pandemic as prices of properties might drop.
PETALING JAYA: The National Chamber of Commerce and Industry of Malaysia (NCCIM) held a meeting with the International Trade and Industry Ministry (Miti) to discuss the industries and suppliers along the supply chain that should be allowed to operate during the movement control order.
PETALING JAYA: The Housing and Local Government Ministry will come up with a standard operating procedure (SOP) to protect residents at private condominiums and apartments during the movement control order (MCO) period.
KUALA LUMPUR: The country is in need of an all-encompassing force majeure exemption bill or a Covid-19 (Temporary Measures) Bill to lawfully protect players of all industries, said the Real Estate and Housing Developers’ Association (Rehda) Malaysia.
KUALA LUMPUR: The country is in need for an all-encompassing force majeure exemption bill or a COVID-19 (Temporary Measures) Bill to lawfully protect players of all industries, said Real Estate and Housing Developers’ Association (Rehda) Malaysia.
JOHOR BARU: The Johor Real Housing Estate and Developers Association (Rehda) has urged the Federal Government to lower real property gains tax (RPGT) to zero percent following the Covid-19 pandemic.
GEORGE TOWN: Contractors and developers in Penang will suffer losses amounting to hundreds of millions of ringgit if the Movement Control Order (MCO) period is extended
AS governments around the world grapple with tracking those infected with the coronavirus (Covid-19) and containment, it is clear that a global market meltdown is inevitable.
AS a result of owners not collecting their strata titles, which involve stamp duty payments and registration fees, the government is not receiving revenue, which may run into millions of ringgit, in a timely manner.
Developers in Penang who want to build affordable homes have been promised “good news” in the form of a review of housing guidelines.