Consider reverse mortgages for senior citizens, government urged
“The subsidy is hardly enough for them to have a worry-free retirement. They can have a better quality of life if the government introduces reverse mortgages.”
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Gamuda celebrates 40th birthday
“In the coming weekends, more anniversary goodies will be shared with the public around high traffic areas in Petaling Jaya, Subang and Shah Alam.”
KL office occupancy rates may fall further
KL’s office occupancy rate has always been holding up at 87% to 90%, but we hit 83% this year.
Number of overhang and unsold homes may come down in the next few months
“Having fewer new property launches is good for the market now because it enables the market to absorb the existing stock…”
Property prices can come down if ...
TheEdgeProperty.com’s Roundtable on Budget 2017 held on Oct 24 pointed out that industry stakeholders should first ask and find out whether there is any possibility that property prices could go any lower.
On Budget 2017
"The intention of affordable housing schemes is good, but how to implement them is the key if we want to benefit the people."
On IBS as the way to reduce cost
"The government should encourage the use of the modular type of IBS."
On bringing down property prices
"In Kedah, to build a single storey terraced house, the percentage of compliance cost used to account for only 5% of construction cost in 2008. But this has increased to 13% this year."
On ways to lift the market
"What we’re experiencing isn’t close to other countries which are having negative interest rates like certain countries in Europe and Japan."
