Tong: FundMyHome is not a free lunch, it does not have government subsidy. It is spearheaded by the private sector. It is to encourage homeownership among young responsible Malaysians who want to own a home, but cannot get a mortgage yet.
Over 300 potential home buyers attended the soft launch of the first phase of Kita @ LBS Cybersouth known as Kita Bayu, according to the developer in a press release today.
Each unit in the phase — dubbed Astera — comes with three bedrooms, and two bathrooms. Unit built-ups range from 1,090 sq ft to 1,327 sq ft with high ceilings.
The stamp duty waiver for those purchasing a RM300,000 home, for instance, will give first-time homebuyers a savings of around RM5,000.
The aim of place-making is to make a common or public space so interesting that it draws people to it. It must have elements that make the space attractive, comfortable and pleasant enough to make them visit or spend time in the space.
This is the third time that Forest City, representing Malaysia, has won at the prestigious Awards. Country Garden Pacificview is also the only Malaysian company that won this year, it said in a press statement.
Located in Mantin, Negeri Sembilan, between Semenyih and Seremban, the 26-acre Serintin has a gross development value (GDV) of RM160 million and was first launched two years ago.
Budget 2019 has proposed several stamp duty exemptions on transactions by first-time homebuyers.
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