We were amongst several speakers at a seminar on Strata Law organised by PERTAMA upon invitation by its president, Prof Dr Ismail Omar.
“You cannot blame our Johor Baru people if they think that the government is selling the country to Singapore,” he added. “Why indeed?”, I echoed. The RTO scheme should be focused on helping the Malaysian public to purchase affordable homes, which should not exceed the sale price of RM300,000. According to a recent study by Khazanah Research, the overall housing market is “severly unaffordable”.
This RTO initiative involving PR1MA purchasers was later followed up by Maybank with its HouzKEY intiative in collaboration with a few reputable developers. Real Estate and Housing Developers Association president Datuk Soam Heng Choon said the lowering of the threshold price is a positive move for the industry although it is limited to a one-year period and applicable only in urban areas. He is well aware that in the end, this is still a matter “where states have the final say”.
It is an open invitation for overseas Chinese to set port in the Malayland by a Chinese minister who propagates foreign syllabus education system for all Chinese.
Foreigners buy at lower threshold and the sell back to local at higher price. LOL!
Just bring in full blown communism, problem solved 🙄
You should lower the price for Malaysian. Malaysian First. Malaysia is for Malaysian. Selling higher prices for foreigners is not a good idea. What kind of a business is that?
Our neighbour Never Allow Full foreign ownership and has already strenghten its money value! Only bird brain unqualified and Overpaid supports selling out nation's expense!
Selling to Outsiders lower price coupled with a lower Ringgit partially means we lose more!
Same as the previous government policy “Money is King” so what the different of PH promises to BN governance ?
Of course not! We have a lame duck as a Finance Minister!
guanenglim signal to capitalist they will get full support from gov. You can decide what kind of properties and what price gov. Will take care. Consumer? Hell who cares! Budget2020forCapitalist