Weekly Industry News Update (26 October 2022)

 Global housing market pain has echoes of a crash 30 years ago

When Covid sent the UK economy into lockdown in 2020, the government jumped in to help the property market by cutting a tax on purchases. The temporary measure triggered a kind of mania among buyers, who responded by bidding up average prices by £31,000 ($35,000) — more than double the maximum tax saving.

Not enough to just cap MDI-appointed liquidators’ fees at RM500

The National House Buyers Association (HBA) lauds the recent move and decision of the government in limiting the fees of liquidators appointed as agents by the Malaysian Department of

Land acquisition unavoidable for development projects, says Nanta

Land acquisition by the government is unavoidable for the implementation of development projects for the benefit