PETALING JAYA: The Real Estate and Housing Developers’ Association of Malaysia (Rehda) hopes the government will review several policies announced in Budget 2014 which may affect the property sector.They include the 6% goods and services tax (GST), the real property gains tax (RPGT) hike and the ban on the developers’ interest bearing scheme (DIBS).“We urge the government to consider exempting

The Edge Top Property Developers Awards 2013 + Best in Qualitative Attributes: No. 1 - S P Setia Bhd

KUALA LUMPUR: S P Setia Bhd and Sunway Bhd stole the limelight last night, with S P Setia taking home four awards at the prestigious The Edge Property Excellence Awards while Sunway took three.S P Setia was ranked first in the Top Property Developers Awards (TPDA) category, marking the eighth year it has won the top honours.

MORE affordable housing, improve public transport, reduce development costs, consistent policies, minimal increase in the real property gains tax (RPGT) as well as more incentives for first-time homebuyers — these were among the more common requests on the wish list of developers, both big and small, from various parts of the country for the Budget 2014, which will be announced on Oct 25.

KUALA LUMPUR: Singapore’s industrial businesses are expected to move on a large scale to Iskandar Malaysia in Johor within the next 20 years, due to the city state’s stringent land policies.“Quite a bit of industrial land in Singapore is on a leasehold basis.

Rehda wants monitoring of buyers of affordable homes