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PETALING JAYA: The construction industry wants the government to reconsider its decision to cut down on the number of foreign workers in the sector as well as an extension to their loan moratorium, failing which they claim many may be forced to hire illegals or even shut down.
KUALA LUMPUR: UOB Kay Hian believed measures introduced by the government such as the reintroduction of House Ownership Campaign (HOC) could mitigate the impact of severe decline in property sales in 1H20 induced by the COVID-19 pandemic
KUALA LUMPUR: CGS-CIMB Equities Research retained its Neutral oulook on the property sector due to the weak macro outlook, affordability issues and likely lower property sales.
Home campaign returns, sales tax exemption for CBU, CKD vehicles
PETALING JAYA: Most developers have and will revise their sales targets for 2020 as a result of the movement control order (MCO) brought about by the coronavirus outbreak (Covid-19).
PETALING JAYA: Construction industry players are appealing to the government to create a proper Covid-19 testing protocol for each sector to ease worker bottlenecks.
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.
Developers in Penang who want to build affordable homes have been promised “good news” in the form of a review of housing guidelines.
THOSE looking for incentives or exemptions in property sales can visit the final mini-expo under the Malaysian Property Expo (Mapex) banner.