The Real Estate and Housing Developers' Association (REHDA) Malaysia has expressed the opinion that i-Miliki exemptions should be extended to all Malaysian home purchasers, rather than just first-time homeowners. Datuk NK Tong, president of REHDA, stated that many homeowners who wish to upgrade or have received property as inheritance are unable to benefit from the i-Miliki exemptions. "The incentives...
Inflation and a higher cost of doing business are likely to push property prices up by double-digit this year, Rehda president Datuk NK Tong (pictured) has cautioned. "On average it will be a double-digit (increase in property prices)," he said, but noted that in the past six months the anticipated price increase has not materialised. "I think this is also reflected in the moderation of (prices of)...
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