CALL FOR MORE INCENTIVES TO BOOST PROPERTY SECTOR

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THE STAR. 18TH JULY: As a leading affordable housing developer, LBS Bina Group Berhad calls for greater initiatives to encourage homeownership. LBS executive chairman Tan Sri Lim Hock San highlights the current challenges faced by the property industry such as the ongoing labour shortage, rise in compliance costs, raw material prices and interest rate hikes […]

Ministry to develop Affordable Housing Price Index

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EDGEPROP. 18TH JULY: The Housing and Local Government Ministry (KPKT) is developing an Affordable Housing Price Index for each location nationwide as a guide for developers, prospective buyers and local authorities to determine the appropriate price of affordable housing in an area or locality. Its Minister, Datuk Seri Reezal Merican Naina Merican said the index […]

‘Keep current price cap on affordable housing’

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THE SUN DAILY. 18TH JULY: Implementing house price controls could assist developers to fix appropriate prices for their products in less-developed states and locations, said National House Buyers Association (HBA) secretary-general Datuk Chang Kim Loong. He was commenting on an announcement by the Housing and Local Government Ministry that it is developing an Affordable Housing […]

PM announces stamp duty exemption for first-time home owners

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THE MALAYSIAN INSIGHT. 15TH JULY: Prime Minister Ismail Sabri Yaakob today announced a 100% stamp duty exemption for first-time homeowners of properties priced at RM500,000 and below through the Keluarga Malaysia Home Ownership Initiative (i-Miliki) from June 1, 2022 to December 2023. He said a stamp duty exemption incentive of 50%, meanwhile, will be given for homes priced between RM500,000 and […]

DK-MY Properties to launch seven projects worth RM4.5 bil GDV by 2025

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EDGEPROP. 15TH JULY: DK-MY Properties Sdn Bhd has lined up seven upcoming commercial and residential projects slated to be launched by 2025 in the Klang Valley, with a total gross development value (GDV) of RM4.5 billion. “The real estate market has been recovering swiftly following the transition to the endemic phase and we are expecting […]

i-MILIKI stamp duty exemption to encourage first-time homebuyers

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NEW STRAITS TIMES. 15TH JULY: To help more people in the country own their first home, the government has launched the Keluarga Malaysia Home Ownership Initiative (i-MILIKI). Prime Minister Datuk Seri Ismail Sabri Yaakob said i-MILIKI was a stamp duty exemption incentive that applied to instruments of transfers and loan agreements for the purchase of […]

HOPE offers solution for B40, M40 home ownership

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THE MALAYSIAN RESERVE. 16TH JULY: The Home Ownership Programme (HOPE) is aimed to provide a solution for the B40, M40 and young people to own a home, based on the government’s aspirations of One Family, One Home. Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican, said HOPE was designed by the ministry to […]

Stamp duty exemption for first-time homebuyers until end-2023

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FREE MALAYSIA TODAY. 15TH JULY: First-time homebuyers of property costing up to RM500,000 will not have to pay stamp duty on purchases made through the Keluarga Malaysia home ownership programme from June until December 2023. Those buying homes at RM500,000 to RM1 million will enjoy a 50% discount on stamp duty, Prime Minister Ismail Sabri […]