PETALING JAYA: The Real Estate and Housing Developers’ Association (Rehda) Malaysia has donated medical equipment to several Covid-19 hospitals, bringing its total contribution to the fight the pandemic RM1.25mil.
ATTENTIVE: Selcare clinic staff checking results for the free Covid-19 screening carried out for the local community in Gombak at Dewan Seri Siantan, Selangor. FAIHAN GHANI/The Star
KUALA LUMPUR: The Real Estate and Housing Developers’ Association (REHDA) Selangor supports stricter enforcement of standard operating procedures (SOPs) following the record high Covid-19 cases but all businesses should be allowed to continue.
REHDA Selangor chairman Datuk Ho Hon Sang said on Thursday industries like the real estate, construction, manufacturing, and other service sectors are on the path to recovery and therefore the momentum should be maintained.
“Any closure of economic activities will result serious revenue and financial losses, causing disruption to all industries and to the livelihoods of many.
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).
The property sector in Johor is expected to face challenging times next couple of years due to effects of the on-going Covid-19 pandemic.
THE next couple of years will be the most challenging for property developers in Johor because of the economic slowdown brought about by the Covid-19 pandemic.
Real Estate and Housing Developers Association (Rehda) Johor branch deputy chairman Ku Hwa Seng said the situation was likely to be even worse than a year ago when Covid-19 first hit most parts of the world.
“There are already so many uncertainties and challenges in the global economic landscape over the past one year and Malaysia is not spared, ’’ he said.