In a press conference for Mapex Penang 2014, Real Estate Housing Developers Association (REHDA) Penang asked the government to give first time home buyers more assistance and flexibility. It’s chairman, Datuk Jerry Chan said that Malaysia can look at Australia’s example whereby the buyers pay only interest for the first few years before starting their … Read moreCome on, give first time home buyers a break says REHDA Penang.
DIBS (Developer Interest Bearing Scheme) should be reinstated for people buying their first home. Rehda Penang Chairman, Datuk Jerry Chan said that this is essential because it was so tough for genuine buyers to get a home of their own these days. DIBS makes it easy for buyers to buy because they do not need … Read moreRPGT is still around, DIBS can come back.
‘The price of property is cheaper today than six months later’. This was the answer from REHDA Penang President, Dato Jerry Chan when he was asked if the prices are going down since the total market transactions are going down. He went on to explain that low interest rate is the factor why property prices … Read morePenang property price cheaper today?