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Recovery in demand for property sector on the cards
PETALING JAYA: The property sector should see a gradual recovery in demand as borders reopen and international travel resumes, bringing back interest from buyers seeking out affordable locations within the region.
Recovery seen, but at a slower pace
High building material prices, virus variants pose risk
Positive outlook drives developer
THE real estate industry in Malaysia is showing encouraging signs of recovery.
Slight dip in unsold residential units, says Housing and Local Govt Ministry
KUALA LUMPUR: The figures for completed and unsold residential properties stood at 30,290 units worth a total of RM19.75bil as of the third quarter of 2021, says Deputy Housing and Local Government Minister Datuk Seri Ismail Abd Muttalib.
Bursa falls sharply on one-off tax, higher stamp duty
KUALA LUMPUR: Bursa Malaysia skidded sharply in early morning trade as investors reacted to the government's announcement that there would be a one-off special tax implemented on large companies.
Real property gains tax abolition a long-awaited move
THE abolition of the real property gains tax (RPGT) on properties sold after five years is seen as a timely move that will help boost the local property market.
Captains of industry share their views
Budget 2022, unveiled by Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz, has the largest ever expenditure plan. It looks to also promote ESG themes in its proposals.
