News by Edgeprop.my

President Tan Sri Sufri Mhd Zin: MBAM was expecting a more uplifting 2022 Budget announcement for the construction industry. Disappointingly, there was no announcement of new mega infrastructure to prime the revival of the Malaysian construction industry.

KGV International Property Consultants (Johor) Sdn Bhd executive director Samuel Tan: Apart from the abolishment of the RPGT for properties held from the sixth year onwards, there was hardly any good news for the property market

RHB Research Institute senior analyst Loong Kok Wen said the proposed waiver of the real property gains tax (RPGT) on property owners who sell their properties after the sixth year is a good step but may not be enough to stimulate the property market as a whole

The real property gains tax (RPGT) will not be applied for properties sold after the sixth year

The theme of the Budget would be #FamilyMalaysia, a budget that aims to be the pulse of the country's economic recovery as well as highlighting the values of inclusiveness, togetherness and thanksgiving to ensure that no one is left behind

Datuk Alex Khaw Giet Thye: We have always been known as an affordable landed home builder and we intend to carry on this market position because we believe a roof above the head is essential no matter in good times or bad times.

Scientex Bhd started as a local developer in Johor for more than 10 years. It has then expanded its property footprint to other states in Malaysia since 2016. Today, Scientex has its stamp in the Klang Valley, Melaka, Perak, Penang and Kedah. Focusing largely on affordable landed homes, it has successfully completed 3,900 houses.

The Razor House is more than just a roof over your head. It is a modernist architectural marvel designed by Wallace E Cunningham with a strong emphasis on concrete, glass and stainless steel throughout, not only for its aestheticism but functionality as well.

Bina Puri executive director Datuk Matthew Tee said the project was delayed because its main contractor, China-based Jiangsu Provincial Construction (M) Sdn Bhd, downed tools during the construction period and Bina Puri is taking legal action against the contractor

MGB group executive vice-chairman Tan Sri Lim Hock San: We are pleased to officially launch our Idaman BSP project in the 4^th quarter of 2021 and support the state government of Selangor’s goal to build 30,000 affordable homes by 2025.