Daily Industry News Update (1 November 2021)

INDUSTRY NEWS (1 November 2021)

House buyers’ group on Budget 2022: Good scheme on affordable housing but…

THE National House Buyers Association (HBA) welcomed the Government’s move to allocate a whopping RM1.5 bil to build affordable properties across the country.

Budget 2022 falls short for property, construction sector expectations

PROPERTY and construction players have noted that Budget 2022 does not offer much for the industry as a whole,

Budget 2022: Look into extending HOC 2021, improving RPGT exemptions

Apart from the Real Property Gains Tax (RPGT) abolishment for the sale of properties held from Year 6 onwards, there was hardly any good news for the Malaysian property market this year. The RPGT discount is a long-waited measure as many see it as an unjust