Budget 2019 makes it easier for first time homebuyers, says Paramount Corp CEO
"The government is prudent in removing obstacles that affect home ownership, especially for first-time buyers because, apart from food and transport, shelter is one of the main cost concerns."
Budget 2019: Putrajaya’s property market measures
Real Estate and Housing Developers' Association Malaysia (Rehda) agrees to reduce house prices as much as 10% for houses which are not subject to price control for new projects. This is following SST exemption on construction materials.
Budget 2019: Bank Negara sets up RM1b Fund for Affordable Homes
The Fund will be available for two years from Jan 2, 2019 or until the Fund is fully utilised…
Rehda Institute, Utar to offer master’s degree programme on real estate development
The course is expected to start in May next year after approvals from the Education Ministry. The duration of the course is 18 months.
Targeting of house prices should be done at local level, says KRI
“For example, the state median in Johor is different from Kedah. So it cannot be RM180,000 for every household in Malaysia. It has to be targeted.”
Guan Eng, Dr M and Saifuddin top income list
Finance Minister Lim Guan Eng is currently at the top of the list with a monthly income of RM86,464.92. In second place is Domestic Trade and Consumer Affairs Minister Saifuddin Nasution with RM77,629.68 and Prime Minister Dr Mahathir Mohamad with RM75,861.57.
Budget 2019 news (refresh for updates)
Get the latest reports on the Budget 2019 tabled today (Nov 2). Refresh this page for new reports.
JPJ issues over 56,000 summonses since Sept 1
52,846 summonses were issued for speeding, while 3,834 were for running red lights.
Angry parties allege KL City Plan 2020 gazetted without their knowledge
SKL chairman Datuk M. Ali said the group was disappointed to hear that the plan had been gazetted as Federal Territories Minister Khalid Samad had on July 26 promised the NGO that his ministry would arrange with DBKL to show and brief the organisation on the plan.