Matrix Concepts Holdings Bhd​

As Budget 2025 looms, we emphasise the need for strategic initiatives to strengthen the property sector.

First and foremost, we call for the reintroduction of the Home Ownership Campaign (HOC) for first-time homebuyers.

By allowing such buyers to benefit from this scheme, it will empower more individuals to achieve home ownership.

Additionally, we propose the tendering of affordable home construction, in which the government should issue tenders for the construction of affordable homes to qualified contractors.

This will enhance efficiency and quality in delivering housing solutions. We also advocate for green initiatives by introducing incentives for housing projects that utilise sustainable and environmentally friendly technologies, supporting our commitment to environmental responsibility.

Lastly, a comprehensive study of all compliance costs imposed on developments should be conducted. These costs should not be applied uniformly across the board but instead, should be varied based on the nature of each development.

Implementing thoughtful and reasonable compliance costs will surely assist in further reducing the cost of housing production and, thus, preserving housing affordability.

By implementing these initiatives, we can foster a more inclusive and sustainable housing market that benefits all Malaysians.