Real Estate and Housing Developers’ Association Malaysia (Rehda) has officially launched Rehda Institute Digital Resource Centre on Tuesday (June 27) at Wisma Rehda Kelana Jaya.

Besides bank loans, venture capital has the potential to play a crucial role in driving green lending and sustainable development in the Malaysian property market.

With i-Miliki, an initiative under Putrajaya’s Home Ownership Programme 2022/2023 or HOPE, first-time purchasers of homes priced RM500,000 and below will be fully exempted from paying the stamp duties on the Memorandum of Transfer (MOT) and loan agreement, while first-time purchasers of residential units priced above RM500,000 up to RM1 million will receive 75% remittance on the two stamp duties.

Making homes generally affordable to local citizens should be an objective of the Malaysian housing sector.

Real Estate and Housing Developers’ Association (Rehda) Malaysia is of the view that to make housing “more affordable for all rakyat, the government should be fully responsible for the delivery of affordable housing, as it was over 50 years ago, and as it is in many countries worldwide”.

Zaini will report to the chief executive officer, Datuk Choong Kai Wai and “be responsible for strengthening the company's operating model to support growth through transformation”, stated S P Setia in a media release.

Eastern & Oriental Bhd (E&O) on Wednesday (May 26) announced that its township development project, Andaman Island Phase 1 has attained GreenRE Platinum Provisional Certification under the township category.

Bintai Kinden Corp Bhd made further announcements on its boardroom changes on Tuesday (May 16), including the return of its former chief executive officer Datuk Tay Chor Han as its new group managing director effective May 15.

Its executive director Noor Azri Datuk Seri Azerai has resigned due to personal reasons and time commitment on other companies. 

The increase in the overnight policy rate (OPR) to 3% on May 3 is expected to have an impact on property market activity, particularly residential demand, said the National Property Information Centre (Napic).