Stamp duty exemption to have minimal impact on property market

KUALA LUMPUR: The re-introduction of the stamp duty exemption for first-time house buyers is expected to have minimal impact on the overall property market, said RHB Investment Bank Bhd (RHB IB). In a note today, it said the ongoing market headwinds such as rising inflationary pressure and the weakening of the ringgit have continued to dampen […]

Gov’t looking to extend house ownership campaign till year’s end

KUALA LUMPUR: The government is looking to extend the Home Ownership Campaign (HOC) until the end of this year, said Housing and Local Government Minister Datuk Zuraida Kamaruddin yesterday. She informed that she had requested Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz to allow the extension. “However, the MOF will probably review the […]

Right time to buy home now

KUCHING: Now is the time to purchase properties, said Sarawak Housing and Real Estate Developers’ Association (Sheda) Kuching branch chairman Datuk Sim Kiang Chiok. “Interest rates are now at a historic low and buying a house will save the purchasers much interest cost. This may be a once-in-a-lifetime opportunity that will not repeat itself again. […]

Now a good time to buy houses

KUCHING: Now is a good time for Sarawakians to buy houses if they have steady employment and income. This was pointed out by Sarawak Housing and Real Estate Developers Association (Sheda) Kuching branch chairman Datuk Sim Kiang Chiok. “With the Home Ownership Campaign (HOC) which offers a minimum of 10 percent discount of the approved […]

Re-introduced HOC a smart move

KUCHING: The re-introduction of the Home Ownership Campaign (HOC) under the National Economic Recovery Plan (Penjana) is a smart move by the government which has started the ball rolling in reviving the property market, said Sarawak Housing and Real Estate Developers’ Association (Sheda) Kuching branch chairman Sim Kiang Chiok. He noted that the government was […]

Transactions, demand for real estate expected to rebound faster

KUALA LUMPUR: Transactions and demand for the country’s real estate market are expected to rebound quicker following the introduction of Home Ownership Campaign (HOC) under the National Economic Recovery Plan (Penjana) unveiled by Prime Minister Tan Sri Muhyiddin Yassin on Friday. Property analyst Dr Azizul Azli Ahmad said the government’s move was to encourage people […]