GEORGE TOWN: The Real Estate and Housing Developers’ Association (Rehda) Penang has been urged to play a bigger role in helping local developers obtain the advertising permit and developer licence (APDL) for their projects. It was reported in The Star that 47 out of 81 applications for the licence for state government and private projects…
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The Penang Real Estate and Housing Developers Association (REHDA) does not expect home prices to drop, instead developers will construct smaller homes, reported Bernama. This comes as developers had to bear the increased cost for development projects, said its chairman, Datuk Jerry Chan. “Today, we have to deal with all these contributions, so who will…
Read MoreVARIOUS house ownership programmes for all levels of income have been allocated for in Budget 2016. Prime Minister Datuk Seri Najib Tun Razak said PR1MA would build 175,000 houses, which will be sold at 20% below market prices, with an allocation of RM1.6bil. He said Syarikat Perumahan Negara Berhad would build 10,000 units of Rumah…
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