Daily Industry News Update (16 July 2022)

Ismail Sabri: Procurement via privatisation will be considered for Housing Blueprint 3.0

Procurement via privatisation such as build-lease-maintain-transfer (BLMT) or land swap will be considered so that most of the Ministry of Defence’s Housing Blueprint 3.0 (BP3.0) goals can be achieved, said Prime Minister Datuk Seri Ismail Sabri Yaakob.

Stamp duty exemption for first-time homebuyers until end-2023

First-time homebuyers of property costing up to RM500,000
will not have to pay stamp duty on purchases made through the Keluarga

Up to 80% construction projects in critical state, PKBM says

UP TO 80% of construction projects in the country are in a “critical” state due to the increase in prices of goods that resulted in a hike in construction costs,