Budget 2020: Still need more to stimulate property market, says Rehda
He also commended the proposal to reduce the foreign home ownership threshold for condominiums and apartments in urban areas to RM600,000.
He also commended the proposal to reduce the foreign home ownership threshold for condominiums and apartments in urban areas to RM600,000.
From RTO to lower foreign buying threshold in urban areas, here is a snapshot of how the budget will impact the real estate segment
永久征收RPGT,让不少想以小房换大房的业主惊觉售屋盈利缩水,不仅无效遏制房产投机,更让投资房产失去吸引力。
购房者对创新拥屋方案是抱着开放接受的态度,并期待政府在来临的预算案中提出更多创新方案,协助国人拥屋。
Next on the people’s wishlist was for clearer and more up-to-date data on housing prices and supply
Income disparity is still an issue where salary increment does not keep up with housing price growth, he adds.
The RPGT which had seen a new schedule of rates take effect at the beginning of this year is hurting property owners by trimming their profit margin.
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“Times have changed. The first thing young people look at is a good digital network coverage. No broadband or LTE connection, not buying.”
Rehda president Datuk Soam Heng Choon: There were no HOC events for overseas buyers organised by Rehda and HOC is not meant for foreign buyers.