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Malaysia: Developers hope Islamic financing may help in build-then-sell

Posted on 12 March 2012

Thoughout last year, Minister Datuk Wira Chor Chee Heung reiterated several times that the Housing and Local Government ministry would make Build-then-Sell (BTS) of homes mandatory by 2015. This did not stop speculation within the industry on the progress of this initiative however.
And for the first time, at the recent opening ceremony of Malaysia Property Expo (MAPEX) 2012, Chor communicated uncertainty on the feasibility of BTS………………………………………..Full Article: Source

 
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