The property developer association is still seeking further clarity on the announcement.

Cabinet has directed DBKL to halt approvals for four types of developments.

DBKL was instructed to cease considering and approving the development of shopping complexes, offices, serviced apartments and luxury condominiums priced over RM1 million in Kuala Lumpur, effective Nov 1.

“To mine data, we must first have sufficient database and to do so, we need connectivity.”

Connected co-working space is the new beau of office workers.

Read the reactions of various stakeholders in the links below.

HBA said the government needs to ensure that the homes reach the right target market.

“The key word and focus of this budget for me is the rental market.”

Although Budget 2018 doesn’t have any significant proposals for the property market, some of the proposals may indirectly offer opportunities to boost demand for houses.

The Budget “aims at empowering the rakyat, driving economic growth and promoting sustainable socio-economic developments simultaneously”.