The National House Buyers Association (HBA) has been calling for stricter enforcement of existing rules to ensure that low-cost housing and PPR flats are not rented out to third parties and are actually allocated to the correct target group. These People’s Housing Projects flats should also remain as transit homes for rent and not for sale or ownership.
The National House Buyers Association (HBA) share their thoughts on the recently announced property market incentives under Budget 2023 and raises several concerns regarding the success of these allocations.
The construction of price-controlled affordable housing has been an ongoing challenge for developers, as its development cost is typically higher than the capped selling price. This leads to cross-subsidisation in the housing market, where buyers of free-market housing will have to absorb these additional costs. In this article, we take a look at how efficient the new Rumah Selangorku Harapan is in incentivising developers to build more affordable homes in Selangor.
20 March, KUALA LUMPUR
1 OCTOBER, TASEK GELUGOR
Samuel Tan dish out his thoughts on the property incentives drawn up under the recently tabled Budget 2022 and shares several recommendations on matters relating to the RPGT, HOC 2021 and affordable housing schemes in Malaysia.
Sign up and stay updated
Get the latest property insights from industry experts and real estate guides in Malaysia.