News by M

The National House Buyers Association (HBA) acknowledges the challenges faced by our Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz in tabling the national Budget 2023 on Oct 7

The Real Estate and Housing Developers’ Association of Malaysia (Rehda) has appealed to the government to consider extending the 75% stamp duty exemption to all buyers and not just first-time house buyers.

Buyers of houses priced between RM500,000 and RM1 million will enjoy an increase in stamp duty exemption from 50% to 75% until Dec 31, 2023.

The increase in remission will be effective until Dec 31, 2023, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

Property developer NCT Alliance Bhd has proposed a private placement to raise up to RM48.37 million to fund property development activities and for working capital.

BON Estates’ #BonWithYou promotional campaign that ran from Aug 16 to Sept 18 involving the deployment of a ‘Kombi Van’ style to different parts of the Klang Valley drew in the crowds.

CCC-ECRL said the 3.88km Sg Kuantan Super Major Bridge crosses the C4 Highway near Kampung Padang, Pahang.

Plywood products manufacturer Annum Bhd (formerly known as Cymao Holdings Bhd) has secured land in Setiu, Terengganu to facilitate the group’s diversification into smart farming business.

Noting its rising popularity as a residential refuge, Exal Group, a property developer based in Western Australia, is set to inject new life into the Kuching property scene with its upcoming project dubbed SÓL Estate.

“When you see sales brochures saying the development has low density, exclusivity, private lifts, zen gardens, etc, what does it all mean? Basically, low density means fewer owners, so is it practical to maintain this property with this small number paying? Are you prepared to pay to be in an exclusive development?”