'Govt may consider extending home ownership campaign to secondary markets'

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The government may consider extending the Home Ownership Campaign to the secondary markets, thereby providing a wider range of properties for housebuyers to choose from, according to Deloitte Malaysia.In a statement titled “2022 Pre-Budget Expectations Q&A”, its tax experts said the current HOC only applies to new properties registered under the campaign by specific developers.“The HOC, which is available until Dec 31, 2021, may be extended to boost the property market,” the professional services firm said.For those struggling to repay their home loans, Deloitte Malaysia said, the government could consider providing income tax relief on interest accrued on these loans after the moratorium period ends.“For those in the bottom 40 percent household income (B40) category, the government could consider incentivising the financial institutions to waive the interest accrued by pr…