Return of cooling measures for S’pore property
Just days after Singapore’s monetary authority fired a warning shot across the bow of the country’s overheating market, the government announced that it would raise the additional buyer’s stamp duty (ABSD) and tighten loan-to-value (LTV) limits on residential property purchases. While the move comes as a surprise to many,... Read more
PPR rent-to-own scheme starts soon
House buyers seeking an abode under the People’s Housing Project (PPR) will be able to secure a roof over their heads through the Ministry of Urban Wellbeing, Housing and Local Government’s rent-to-own scheme starting this year. Deputy Minister Datuk Halimah Mohd Sadique said the rent-to-own scheme will be implemented... Read more
HBA takes on battle for aggrieved buyers
BY Roznah Abdul Jabbar The National House Buyers Association (HBA) is all geared up to take on one of the most important legal battles between homebuyers and the authorities. The association declared that it will be pursuing legal action against the Controller of Housing (COH) under the Ministry of... Read more
RM20m allocated for abandoned  housing revival
The government has allocated RM20 million to revive abandoned private sector low and medium cost housing projects next year, Bernama reported. Deputy Urban Well-being, Housing and Local Government Minister Datuk Halimah Mohamed Sadique said the allocation would be given to developers to rescue abandoned projects which were not completed... Read more
BTS could solve issues of abandoned housing
One of the biggest challenges faced in the property industry today is the issue of abandoned housing projects, and the Build-Then-Sell (BTS) scheme could help in handling it, said Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar. Speaking at the opening ceremony of Malaysia Property Exposition... Read more