Zuraida said there are also Canadian and Abu Dhabi companies interested in investing in Malaysia, and some of the China companies, she noted, had indicated an interest in providing funding or housing loans for homebuyers who intend to purchase a house under the Rent-to-Own (RTO) scheme.
San Francisco, New York and Hong Kong were the top three most expensive cities in which to build with Kuala Lumpur ranked 97th in the world.
Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) president Michael Kon: Whilst there hasn’t been any major policy announcements of note, the minister has largely focussed on home ownership, affordability and empowerment of the B40 group in particular.
Rehda president Datuk Soam Heng Choon says the minister had taken cognizance of the association’s input and wish list that was sent to the government in May 2018.
Housing and Local Government Minister Zuraida Kamaruddin is known for her hard work and commitment to her portfolio. She probably has one of the busiest schedules amongst ministers, often packed with back-to-back meetings in between officiating events and other scheduled work.
Sold for: RM2.95 million for both lots; Concluded by: Cathy Tiang (REN 22757, 012-2205717 ) of Metro REC Sdn Bhd; When: December 2018
“In the first half of 2018, the SMT received a total of 2,355 cases from the public compared to the Homebuyer Tribunal’s 709 cases filed during the same period.”
When dealing with stubborn owners who refuse to pay maintenance fees and service charges, Tan says, the COB can step in.
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