Incentives for the property market in March 2019

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

The new government is taking extraordinary steps to help spur both the primary and secondary market of the property industry this year.

Governments play an important role in any property market because they act as influencers.

Malaysia has announced the stamp duty exemption for all purchases made during the Home Ownership Campaign 2019.According to Asian Correspondent, FIABCI Malaysia’s president, Michael Geh talked about the potential for new stimulus and incentives in March 2019. He said, “There will be announcements of affordable housing, actions by Bank Negara Malaysia to stimulate the market and other incentives that are still under discussion between the industry and the government.”

Furthermore, the Asian Correspondent quoted him as saying that the new government was taking extraordinary steps in a tenacious manner that will help spur both the primary and secondary market of the property industry this year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why for? Just let both the greedy developers and speculators die la

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Johor royal family’s Singapore ancestral property inspired ‘Crazy Rich Asian’, says report | Malay MailJOHOR BARU, Feb 21 — The palatial property that inspired writer Kevin Kwan's Crazy Rich Asian books is owned by the Johor royal family, Bloomberg reported today. Known as Istana Woodneuk, it is an abandoned two-storey palace at the former Tyersall Park bound by Holland Road and Tyersall Avenue... HRHJohorII 😎
Source: malaymail - 🏆 1. / 86 Read more »

Expert calls for cheaper housing loans to ease property glutPrevindran Singhe says Bank Negara should hold discussions with government-linked company banks to lower interest rates for housing loans. Cheaper housing loans = lower housing prices? Are housing loans or ridiculously high house prices the main issue? Why are we benefiting the developers, they can sell their properties at their desired prices yet the rakyat have to spend more in paying for it? One word: GREED
Source: fmtoday - 🏆 5. / 72 Read more »

Where property goes in Hong Kong, so goes the city's economyIn a city where land is in short supply, the government is able to generate a large amount of revenue from selling vacant plots.
Source: fmtoday - 🏆 5. / 72 Read more »

Are properties in Malaysia getting too expensive?The most expensive properties are those in the KL city centre where the median price for property is RM940 per sq ft and RM1,000,000. Certainly, you right 👉 No boss. Apparently the gomen thinks difficulties in getting loans to purchase properties is the the main issue. Not the ridiculously high property prices.
Source: fmtoday - 🏆 5. / 72 Read more »

No freeze on new property projects in KL, says FT ministerKhalid Samad says project size and the number of office units will be controlled according to a plot ratio of 10. Ugh. DBKL should impose a ceiling height. Buildings are just too high. If plot ratio is 1:10...what control is he talking about
Source: fmtoday - 🏆 5. / 72 Read more »