GEORGE TOWN
International Real Estate Federation Malaysian Chapter immediate past president Michael Geh said the five-year extension of the stamp duty exemption, aimed at reviving abandoned projects, would benefit both contractors and house buyers. “The strong emphasis on affordability by home buyers will bring down the Malaysian House Price Index downwards to levels that are affordable to most Malaysians. The next five years would be the best time for Malaysians to buy their first home.”
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Whom will revive the abandoned projects? Whom will pay for the revival? As some projects already broken down, costly to repair, only can rebuild!
Are you serious? Or kidding