Budget 2025: Rehda hopes govt will continue to assist first-time homebuyers

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KUALA LUMPUR: The Real Estate and Housing Developers’ Association Malaysia (Rehda) is eagerly anticipating Budget 2025, scheduled to be tabled on October 18, hoping that the government will maintain its support for first-time homebuyers.

"A further one per cent HRD Corp contribution is an additional cost of doing business which brings detrimental impact on property prices,” he said.

Ho noted that Rehda is proposing that all payments and contributions for exemption from building low-cost housing be allowed as a tax-deductible expense.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Property Levy Wishlist Rehda Malaysia /Business/Business News Budget 2025 Property Incentives First-time homebuyers

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-12 @ 16:15:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 750 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © The Star

News ID: 22467686

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