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HOC records RM3.48bil in Melaka sales

MELAKA: Residential property sales involving 7,165 units hit a whopping RM3.48bil during the Home Ownership Campaign (HOC), said Melaka Chief Minister Datuk Seri Sulaiman Md Ali. ....

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Melaka developers grateful to state govt for putting off new housing policy on bumi units


MELAKA: Housing developers in the state are relieved that the Melaka government has deferred the implementation of a state housing policy requiring new residential schemes to set aside 70% of houses as bumiputra units.
Real Estate and Housing Developers Association (Rehda) Melaka chapter chairman Datuk Ng Choon Koon said he received an official letter from Melaka Land and Mines director Datuk Md Azhan Samat on Monday (April 19) regarding temporary suspension of the policy.
“Housing developers in Melaka are thankful to Melaka Chief Minister Datuk Seri Sulaiman Md Ali and key officials for listening to our plight.
“Rehda had earlier appealed against the policy, which was supposed to come into force on April 1, as the policy would restrict the creativity and innovation of developers in meeting the niche market output,” he said in an interview on Monday (April 19). ....

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