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7 property highlights from Budget 2020
On 11th of October 2019, Malaysia's Finance Minister Lim Guan Eng announced the Budget 2020.  The budget clearly outlines the government’s strategy on elevating the rakyat’s employability and financial well-being with initiatives focusing on continued investment in education, encouraging job creation and providing incentives for training, development and upskilling of the current Malaysian workforce. However, for the…
PEPS: Allow 100 % loan for first-time property buyers
KUALA LUMPUR - PEPS are asking the government to allow a 100 % loan for first-time buyers of properties priced under RM500,000, as property overhang continues to rise. Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS) said based on National Property Information Centre (NAPIC) data, residential property overhang…

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