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The 14th Malaysian General Elections (GE14) on 9th May 2018 will go down in history as one of the most memorable and iconic times in the country. Malaysians voted in favour of the opposition alliance – the Pakatan Harapan (PH) coalition – to serve as the country’s new government over the Barisan Nasional administration which has been in power for sixty years.
With excitement still brewing in the air from the change in power, Malaysians are enthusiastic to see how the new Malaysian government will bring forth positive change as it has promised a reformation of Malaysia’s administration and politics as well as sustainable growth and economic development. The aftermath of GE14 is also projected to boost domestic and foreign investment into commercial investment properties, since there is renewed local and foreign investor confidence in the market.
Following its victory, the New Malaysia government made several pledges to address matters impacting the local property market. Numerous programmes and policies have been outlined in the new government’s manifesto, of which the Malaysian housing and property market at large received its fair share of attention.
What can we expect from the Malaysia property market post GE14? What is the current update on the high speed rail (HSR) and Rail Transit System (RTS) projects? How has Budget 2018 impacted the economic and housing policy?
Be sure to join us to find out what is going to happen next in the Malaysian property market! RSVP now!