The Edge Malaysia |
As with every budget announcement, stakeholders in the property industry, such as developers and consultants, wait in anticipation of goodies from the government that will bolster the real estate market. For Budget 2023, it is no different and the wish list we have compiled reveals needs that, if not addressed, could slow down the growth trajectory of the property market.
Some of the measures wished for include incentives for developing green buildings, strategies to deal with labour shortages and promotion of the Industrialised Building System (IBS) to help reduce costs. Read on to find out what else the industry is looking for in Budget 2023.