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Business

Better to buy a car or a house first?

MANY people kick-start the new year with a fresh set of resolutions.

Business

Property goodies with Govt and developers offering various incentives

PETALING JAYA: The government and housing developers are throwing all sorts of incentives at prospective buyers, including more than the kitchen sink, for properties purchased during the six-month, nationwide Home Ownership Campaign (HOC) 2019 in the hope that the large property overhang would be reduced. The campaign, which runs from January to June, is aimed at easing the country’s home-ownership and overhang dilemma “as much as possible,” said Finance Minister Lim Guan Eng.

Business

Home Ownership campaign offers 3,384 houses below RM150,000

PETALING JAYA: A total of 3,384 houses below RM150,000 will be offered to the public in conjunction with the six-months Home Ownership Campaign (HOC) 2019, which runs from January to June.

Business

No stamp duties for residential units priced RM300,000 to RM1m at Mapex

PETALING JAYA: The Malaysia Property Expo (Mapex), in conjunction with the Home Ownership Campaign (HOC) 2019, will see residential units priced between RM300,000 and RM1mil being exempted from any stamp duties.

Business

Gagason bullish on affordable housing sector

KUALA LUMPUR: Gagasan Nadi Cergas Bhd, which made an impressive debut on the ACE Market with a 30% premium on its issue price, is bullish over the affordable housing sector.

Business

Nod for National Housing Policy

PETALING JAYA: The National Housing Policy has been approved by the Cabinet two weeks ago, said National Housing Department director-general N. Jayaselan, and its main thrust is the separation of public and private housing, with an emphasis on renting.

Business

Not enough money?

AFTER I shared about the lessons learned from our neighbouring country in building affordable housing in my last article, I received many positive comments plus a painful but very relevant question, “Where are we going to find the money to subsidise public and affordable housing?”

Business

MoF: RM70bil of national debt to mature in 2019

KUALA LUMPUR: A total of RM70bil in federal government debt is expected to mature in 2019, out of which about 25 per cent is to be redeemed in the first half of next year, reflecting a lower refinancing risk in the near term, said the Ministry of Finance (MoF).

Business

Govt to set up three categories of affordable houses

KUALA LUMPUR: The government will incorporate three categories of affordable housing that will be constructed under the National Housing Policy, latest, by next month, says Housing and Local Government Minister Zuraida Kamaruddin.

Business

Govt to push ahead to streamline agencies involved in property sector, says Zuraida

PETALING JAYA; The government will push ahead to streamline the various departments and agencies involved in the property sector to raise their efficiency and also pushed ahead with industrialised building system (IBS).