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Hoc extended 2022 - Developers’ Budget 2022 wishlist: Extension of HOC









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I hope during the budget debate, it will be announced.


Home Ownership Campaign will help incentivise the market in 2022




Spurring growth within the secondary market would mean more transactions, which would influence general market sentiment and boost consumer confidence in the sector.




Home Ownership Campaign will help incentivise the market in 2022


He believes extending the campaign into 2022 is something that the government should consider as it may help to boost market sentiment.



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The government reintroduced the HOC in June last year under the Penjana initiative to boost the property market after it was adversely affected by the Covid-19 pandemic.


Description: The government reintroduced the HOC in June last year under the Penjana initiative to boost the property market after it was adversely affected by the Covid-19 pandemic.

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Views: 5328 Date: 29.03.2022 Favorited: 106 favorites
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According to Rehda statistics, Selangor dominated sales during the HOC with 30,888 units valued at RM21.
State Housing, Local Government and Town and Country Planning Committee chairman, Jagdeep Singh Deo said the HOC had ended on June 9 this year.
An industry observer is less than optimistic about an announcement on the HOC.

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    +58reps
    Look at all my stars!! Based on the history, the announcement made on last day 31/5/2021 that extended until 31/12/2021 if no mistaken. However, never heard anything too. Hi everyone, I was told by my banker that HOC (will be) extended again to 2022. Announcement (will be) on 31 Dec 2021.
    By: chrisnaish|||https://www.facebook.com/wholesomeintrovert/photos/a.354010642111601/530644961114834/|||https://twitter.com/prideaux1|||https://www.reddit.com/user/chrisnaish/
    +399reps
    Most property stakeholders were expecting an announcement on the extension of the HOC 2021 until at least June 2022. This is disappointing to many aspiring house buyers who had hopes of taking advantage of the stamp duty exemptions under the HOC, now that the pandemic is better controlled and Malaysia have moved into the endemic phase.
    By: Chillin_with_jesus|||https://www.facebook.com/pages/Chillin-with-Jesus/176830649018751|||https://twitter.com/barstarr|||https://www.youtube.com/watch?v=QWYVF8HRhD0
    +115reps
    The amendment exercise for HOC 2020-2021 approved units/projects will close on TUESDAY, 15 MARCH 2022 at 6.00 pm. Any applications/submissions for amendments after the closing date will not be entertained. The certification late submission appeal exercise for HOC 2020-2021 will close on TUESDAY, 1 MARCH 2022 at 6.00 pm.
    By: ElectroEU|||https://www.facebook.com/public/%C3%89l%C3%A9-Riahi|||https://twitter.com/electroneum|||https://www.youtube.com/playlist?list=PLmGw2Cu_U0bW6Au3JVLMV6fDL4YWtWU0q
    +110reps
    “It is a pity that the HOC was not mentioned and extended into 2022, as the campaign would have been a great way to incentivise the market,” he tells StarBizWeek. Despite being overlooked in the recent budget, local property consultants and analysts are nevertheless hopeful that an announcement on a potential extension of the HOC will be.
    By: drinkliquiddeath|||https://www.facebook.com/arsis/posts/10158542818026289|||https://twitter.com/LiquidDeathH2O|||https://www.youtube.com/watch?v=jQ_FADjN0mI
    +397reps
    The HOC is expected to end on Dec 31, 2021. Ari said a freeze on stratified buildings may resolve the overhang in the residential and serviced apartment segment, and in the purpose-built office.
    By: c_more_glass|||https://www.facebook.com/CMoreGlass/|||https://twitter.com/cmoreglass0825|||https://www.youtube.com/watch?v=2G8j094PHpw
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