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THE term #147;property overhang#148; may have to be redefined as the current definition does not reflect the actual scenario in the property sector, said Real Estate and Housing Developers#039; Association Malaysia (Rehda) executive director Ng Kuai Heng.
THE Real Estate and Housing Developers Association (Rehda) has proposed that the 0.25% levy on contract value paid to the Construction Industry Development Board (CIDB) be suspended as it has failed to fulfil its role in meeting the construction industry#039;s needs.
WITH the property sector expected to benefit from the government#039;s stimulus package to be announced by the Prime Minister today, players in the sector are proposing measures that range from grants to first-time house buyers to a stamp duty waiver for purchasers of residential property.
REAL Estate and Housing Developers Association Malaysia (Rehda) estimates sales of 120,000 houses in the RM180,000 and below price bracket over the next 12 months given the incentives offered in the latest economic package.
Property Talk: A weekly column by S.C. Cheah.This week he says: SINCE the government announced its economic package recently, I've been doing my own random survey of how much people know about the latest incentives that can help them buy their dream homes at a lower entry level.
WE would all like to own our ideal home but, given budget constraints, we make do with what we can afford.
KUALA LUMPUR has the potential to become a liveable world class city, going by the KL Draft Structure Plan 2020 and the will of the relevant parties to play proactive roles in making it a reality, Real Estate and Housing Developers' Association Malaysia (Rehda) Kuala Lumpur branch chairman Datuk Jeffrey Ng said.