Tag: HBA regulate property prices
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HBA: Not hoping for prices to come down suddenly
The National House Buyers Association (HBA) said that whatever it has been proposing is for the government to stop property prices from going up too fast. It said that is is not hoping for prices to drop suddenly. This is because if it does, it will trigger a property bubble to burst which is a…
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HBA: Regulate profit margins, property prices down significantly
Reported in SunBiz. According to the House Buyers Association (HBA) secretary-general, Chang Kim Loong, if the government regulates the profit margins of property developers for the ‘affordable’ category, this will reduce property prices significantly. He quoted an example of a ‘crazy’ Cheras terrace house which is priced at RM750,000 today. He said that if his…