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Government likely to reintroduce HOC
Real Estate and Housing Developers’ Association (Rehda) Malaysia president Datuk Soam Heng Choon confirmed that there’s a high possibility that the government will launch HOC 2020 to spur homebuyers’ interest.
Property buying: It's all about the price post-MCO
“It was surprising to see that most potential buyers are not overly pessimistic despite the severe pandemic and the slew of other consequential economic shocks such as oil price crash and extremely volatile stock market,” said KGV International Property Consultants executive director Samuel Tan.
Not OK to waive maintenance fees in light of Covid-19
Such fee waivers and discounts are not viable as any adjustments in fee collection or sinking funds will need the approval of property owners via an AGM or EGM
DONE DEAL: Condo, Pavilion Hilltop Mont'Kiara, Kuala Lumpur
Rented for: RM6,600 (RM4.40 psf); Concluded by: Carol Tong (REN 34423, 014-683 2968) of Kith and Kin Realty Sdn Bhd; When: January 2020
DONE DEAL: Two-storey bungalow, Sierramas, Sungai Buloh, Selangor
Sold for: RM2.65 million (RM495.50 psf); Concluded by: Janice Ng (REN 01627, 012-316 1383) of Tech Realtors Properties Sdn Bhd; When: December 2019
