"We may actually see more international travel, perhaps beginning with intra-Asia travel."

This arrangement will mark NCT Alliance's first direct appointment for a rehabilitation project.

“The main worry is of course another wave of infections, especially after the coming festive seasons and holidays."

Manu said there is bound to be consequences to the extraordinary quantitative easing, printing of money and low interest rates we have seen over the past decade.

The three exceptional withdrawals have left 73% or nearly three quarters of members in a serious state of having inadequate funds to retire above the poverty line. 

The developer also welcomed the extension of personal income tax relief of up to RM1,000 for domestic tourism expenses up to the year of assessment 2022 to encourage tourism within Malaysia.
 

“The M40 is an important sector that caters for the mid segment of the property market and they play a critical role in the new properties and the secondary market. Not all property owners are financially strong,” said the association.

The government agencies cannot possibly build an apartment block in a place where there is only demand for landed property or built houses. Or build where there is practically no demand and which will just add to the statistics of ‘overhang’ (built and unsold) properties, said HBA’s honorary secretary general Datuk Chang Kim Loong.

The secondary market contributes more than 80% of total residential property transactions and the removal of this tax (RPGT) would help spur the sub-sale economy and trigger more demands down the supply chain,” said said Datuk Seri Koe Peng Kang, president of IFIABCI Malaysia

“It's superb that the proposal to abolish the RPGT on homes disposed of on the sixth year onwards by Malaysians and permanent residents in the country has been approved.,” said Zerin Properties CEO Previndran Singhe.