Housing and Property Development Colloquium 2018 News Clippings
Published on 02 Oct 2018
02 Oct 2018, Edge Prop
Home prices can come down if certain issues addressed, say developers
hile the government is asking property developers to lower home prices following the Sales and Service Tax (SST) exemption on construction services and building materials, industry players said lower prices can be achieved if issues such as labour shortage and the lofty compliance and development costs are addressed.
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02 Oct 2018, Edge Prop
Cloudy outlook ahead but opportunities are still out there
While it is still unclear when the property market will recover from the current slowdown, there are still opportunities to seize in the market, according to industry experts. “2012 and 2013 probably was the robust period for the property market. And then the last five years has seen a marked slowdown in transaction of new housing,” AREA Management Sdn Bhd senior advisor Kumar Tharmalingam.