{"id":3984,"date":"2015-09-13T10:03:02","date_gmt":"2015-09-13T02:03:02","guid":{"rendered":"https:\/\/www.propertyempire.com.my\/blog\/?p=3984"},"modified":"2015-09-17T10:04:22","modified_gmt":"2015-09-17T02:04:22","slug":"rehda-local-housebuyers-protected-despite-weak-ringgit","status":"publish","type":"post","link":"https:\/\/www.propertyempire.com.my\/blog\/rehda-local-housebuyers-protected-despite-weak-ringgit\/","title":{"rendered":"REHDA: Local housebuyers protected despite weak ringgit"},"content":{"rendered":"

\"740105276_135017-1200x675\"<\/a><\/p>\n

The fall in the ringgit may attract foreigners to snap up properties in Malaysia, but this may not affect local housebuyers as they are only allowed to buy high-rise units priced at least RM1 million.<\/p>\n

Real Estate and Housing Developers\u2019 Association Malaysia (REHDA) president Datuk Seri F.D. Iskandar said hence, foreign buyers would not displace local homebuyers, particularly in the affordable housing segment.<\/p>\n

He said the property industry should take advantage of the situation by promoting their properties to foreigners.<\/p>\n

As foreigners look for upmarket properties in specific areas, their value would not go down, he told a media briefing on the property industry survey in the first half 2015 here, today.<\/p>\n

He reiterated affordable homes catered only for locals.<\/p>\n

\n
\n
\n
\n
\n
Meanwhile, Iskandar expects property price hiccups for high-rise buildings, apartments and condominiums due to the weakening of the ringgit.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

\u201cThe prices of certain construction materials have actually gone up, but that of residential buildings shouldn\u2019t as most of the components are locally sourced.<\/p>\n

\u201cHowever, for high-rise buildings, components like lifts, escalators and air-conditioning are still imported. Definitely, there would be hiccups in terms of prices for high-rise projects.\u201d<\/p>\n

He said most of the developers were trying to absorb rising prices of materials as much as they could for most of the exporting countries were trading in the US dollar.<\/p>\n

*Therakyatpost<\/p>\n","protected":false},"excerpt":{"rendered":"

The fall in the ringgit may attract foreigners to snap up properties in Malaysia, but this may not affect local housebuyers as they are only allowed to buy high-rise units priced at least RM1 million. Real Estate and Housing Developers\u2019 Association Malaysia (REHDA) president Datuk Seri F.D. Iskandar said hence, foreign buyers would not displace …<\/p>\n

REHDA: Local housebuyers protected despite weak ringgit<\/span> Read More »<\/a><\/p>\n","protected":false},"author":17,"featured_media":3985,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"","footnotes":""},"categories":[13],"tags":[],"uagb_featured_image_src":{"full":["https:\/\/www.propertyempire.com.my\/blog\/wp-content\/uploads\/2015\/09\/740105276_135017-1200x675.jpg",1200,675,false],"thumbnail":["https:\/\/www.propertyempire.com.my\/blog\/wp-content\/uploads\/2015\/09\/740105276_135017-1200x675-80x80.jpg",80,80,true],"medium":["https:\/\/www.propertyempire.com.my\/blog\/wp-content\/uploads\/2015\/09\/740105276_135017-1200x675-300x169.jpg",300,169,true],"medium_large":["https:\/\/www.propertyempire.com.my\/blog\/wp-content\/uploads\/2015\/09\/740105276_135017-1200x675.jpg",768,432,false],"large":["https:\/\/www.propertyempire.com.my\/blog\/wp-content\/uploads\/2015\/09\/740105276_135017-1200x675-1030x579.jpg",1030,579,true],"1536x1536":["https:\/\/www.propertyempire.com.my\/blog\/wp-content\/uploads\/2015\/09\/740105276_135017-1200x675.jpg",1200,675,false],"2048x2048":["https:\/\/www.propertyempire.com.my\/blog\/wp-content\/uploads\/2015\/09\/740105276_135017-1200x675.jpg",1200,675,false]},"uagb_author_info":{"display_name":"Admin Property Empire","author_link":"https:\/\/www.propertyempire.com.my\/blog\/author\/admin-2\/"},"uagb_comment_info":0,"uagb_excerpt":"The fall in the ringgit may attract foreigners to snap up properties in Malaysia, but this may not affect local housebuyers as they are only allowed to buy high-rise units priced at least RM1 million. Real Estate and Housing Developers\u2019 Association Malaysia (REHDA) president Datuk Seri F.D. Iskandar said hence, foreign buyers would not displace…","_links":{"self":[{"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/posts\/3984"}],"collection":[{"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/comments?post=3984"}],"version-history":[{"count":1,"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/posts\/3984\/revisions"}],"predecessor-version":[{"id":3986,"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/posts\/3984\/revisions\/3986"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/media\/3985"}],"wp:attachment":[{"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/media?parent=3984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/categories?post=3984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propertyempire.com.my\/blog\/wp-json\/wp\/v2\/tags?post=3984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}