According to FreeMalaysiaToday, The Real Estate and Housing Developer’s Association (REHDA), the interest rate will be increased again and suggested that people buy before it rises further. The president of REHDA said “Interest rates are increasing globally and locally. As for now, people should buy property to help hedge against it and look long term,”
- The government has raised some incentives for the first home buyers, a stamp duty exemption and 100% loan for properties below RM500 thousand. If you intend to invest for the long term, you need to consider finding a property that is in a great location. In terms of great location, consider all the easy access to the amenities, highways and even the community around it. Rencana Royale is located in Taman Tun Dr Ismail with easy access to 7 major highways; PENCHALA Link, LDP, Sprint, DUKE, NKVE, Kerinchi Link and soon Dash highway. Other than that, you are only 10 minutes away from the shopping mall; 1 Utama, IPC and The Curve.