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KUALA LUMPUR: Following is a list of events in Malaysia as well as news company-related andmarket news which could have an influence on the local market.
A COMMERCIAL transaction normally commences with due diligence being conducted prior to much consideration being put into the written agreement. This measure has two effects – it prevents the parties from sealing a detrimental deal and also time wastage over unfruitful discussions.
THE rise in cost of living has led to a significant erosion of take-home income and is becoming an increasing cause for concern. This has resulted in more Malaysian youths and job entrants being unable to afford to purchase homes in urban and sub-urban areas.
“Harga Rumah Melampau” – that’s the desperate cry of the rakyat against skyrocketing house prices as headlined by one of the widely-read Bahasa Malaysia newspapers. In English, it translates to “House prices are ridiculous”. Immediate government measures are needed to tackle issue
YOU may recall from my earlier article that was published in my column titled: “Affordable Housing: How to own it?” that the National House Buyers Association (HBA) was invited to present a paper to the Finance Ministry and we offered 10 pertinent proposals with the view towards affordable housing. This article will continue with the rest of the proposals.