Daily Industry News Update (12 June 2021)

INDUSTRY NEWS (12 JUNE 2021)

Increasing enquiries for land outside city centre

While the recent deals of Cochrane land and Connaught land sales to Sunway Property and UEM Sunrise Bhd respectively have caught the market’s attention, real estate agency Rahim & Co International Sdn Bhd CEO Siva Shanker says not many developers are looking for land in

EcoWorld: Future-proofing its communities through sustainability

It is not a one-off affair. In fact, sustainability courses through the veins of award-winning developer Eco World Development Group Bhd (EcoWorld). In a virtual Zoom event today titled “Building for Generations” commemorating World Environment Day 2021, EcoWorld

Is the extension of HOC `privatising profits and socialising losses’?

The government on May 31, 2021 announced the RM40 billion PEMERKASA+ aid package, and one of the measures was extending the residential home stamp duty exemption scheme under the Home Ownership Campaign (HOC) for six months to Dec 31, 2021. Although the

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