Homeownership going in the right direction, but affordability can be improved, says Rehda
President of Rehda Datuk NK Tong noted that in terms of homeownership, Malaysia is at almost 77%, which is one of the highest in the world.
President of Rehda Datuk NK Tong noted that in terms of homeownership, Malaysia is at almost 77%, which is one of the highest in the world.
“Globally, we have been in 40 years of inflationary environment, and it will remain inflationary for a while.
DONE DEAL: Bungalow, Country Heights, Kajang, Selangor DONE DEAL: Terrace house, Alor Gajah, Melaka Situated in the heart of Kuala Lumpur, Damai Complex is a development that primarily consists of shops and offices.
“With a largely controllable cost structure in place, a wider market base for the group’s products and rationalisation on the use of available workforce, and barring any unforeseen circumstances, the group will remain profitable for the financial year 2023.
The total number of ready EV and hybrid units in Malaysia currently stands at 21,659 units.
Developers must provide purchasers with a full set of detailed approved documents of the property in the sale and purchase agreement.
“In Penang, for example, the blanket ban that they proposed is probably a regulation that doesn’t make a lot of sense because there have to be ways in which challenges can be managed without an activity being banned, which is why we are suggesting that the existing Strata Management Act 2013 (SMA2013) be used at a building level to pass bylaws that are suited for the specific buildings instead.
Local Government Development Minister Nga Kor Ming, in his written reply to Parliament, said that his ministry will issue the letter through the Department of National Housing to affected buyers to help ease their financial burden.
The group said the eight-month contract, awarded by TT5 Theme Assets Sdn Bhd, is expected to contribute positively to its earnings for the financial years ending Dec 31 2023 (FY2023) and FY2024.
DONE DEAL: Three-storey link house, Kepong, Kuala Lumpur DONE DEAL: Condominium, Subang Jaya, Selangor The property is strategically located in the housing area of Taman Rembia Perkasa in Alor Gajah, Melaka.