Incentives for the property market in March 2019

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The new government is taking extraordinary steps to help spur both the primary and secondary market of the property industry this year.

Governments play an important role in any property market because they act as influencers.

Malaysia has announced the stamp duty exemption for all purchases made during the Home Ownership Campaign 2019.According to Asian Correspondent, FIABCI Malaysia’s president, Michael Geh talked about the potential for new stimulus and incentives in March 2019. He said, “There will be announcements of affordable housing, actions by Bank Negara Malaysia to stimulate the market and other incentives that are still under discussion between the industry and the government.”

Furthermore, the Asian Correspondent quoted him as saying that the new government was taking extraordinary steps in a tenacious manner that will help spur both the primary and secondary market of the property industry this year.

 

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Why for? Just let both the greedy developers and speculators die la

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