INDUSTRY NEWS (3 OCTOBER 2021)
Cap for affordable housing will only drive prices up, says economist
Setting ceiling prices for affordable homes, even if temporary, will not address the shortage of affordable housing, an economist says. In the recently tabled 12th Malaysia Plan, it was revealed that the government would implement price caps for affordable homes on the secondary market and limit the number of units a person can buy, to keep these properties accessible to those who need them
IOI Properties Group lands RM4.65 billion Marina Bay site
Locally-based IOI Properties Group has said it is optimistic about the long-term outlook for the Singaporean property market, after it won the auction for a mixed-use hotel and residential site in.
Report: Construction ‘giants’ forming consortiums, JVs to bid for MRT3
Construction “giants” are said to be forming consortiums and JVs to prepare for the “eventual” construction tenders for the Klang Valley Mass Rapid Transit
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