PROPERTY NEWS


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#WestMalaysia
46,420 Affordable Homes Built Over Last 17 Years Under RMR Scheme
A total of 46,420 houses were constructed between 2002 and Oct 31 this year, out of a total of 50,289 applications approved under the government’s af...
clock 23-11-2019

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#Sabah
RM5 Mil Allocated for Affordable Rural Housing in Sabah Next Year
The Sabah government has allocated RM4.8 million to implement an affordable rural housing initiative called Programme Rumah Sejahtera Rakyat (RSR) next yea...
clock 22-11-2019

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#Article
Public Schemes Offer Affordable Properties
Residential properties in Malaysia has experienced significant price appreciation in the past 20 years with prices in several states like Kuala Lumpur, Joh...
clock 13-11-2019

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#Article
Zuraida Not Given Extension of Time for New Housing Schemes
Housing and Local Government Minister Zuraida Kamaruddin says her ministry is very particular in granting extension of time (EOT) for housing projects. Sh...
clock 11-11-2019

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#Sarawak
164 Spektra Affordable Houses to Be Built by Sarawak Government in Tasik Biru
The state government will be building 164 houses under the Rumah Spektra Permata (Spektra) affordable housing programme for the Sibuluh Resettlement Scheme...
clock 08-11-2019

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#Sarawak
Sarawak Slams PH’s Empty Promises to Build More Affordable Housing
Criticising the Pakatan Harapan (PH) government’s “failed plan” to build affordable houses in the country, a Sarawak assistant minister s...
clock 08-11-2019

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#WestMalaysia
Houses in Malaysia ‘Seriously Unaffordable’, Says Bank Negara
Houses in Malaysia are considered “seriously unaffordable” by international standards, a Bank Negara Malaysia official said. According to the ...
clock 25-10-2019

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#WestMalaysia
Fomca Rejects Lower Threshold for Foreign Property Buyers
Consumer rights umbrella body Fomca is the latest to join the chorus of criticism at Putrajaya over the recent decision to lower the threshold for foreigne...
clock 21-10-2019

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#Article
High Number of Authorities Building Affordable Homes Seen as Problematic
Various agencies are currently involved in the construction of affordable homes, which could negatively impact the overall supply in the segment, repo...
clock 10-10-2019

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#Article
Part 1 Different Perceptions of Affordable Luxury
Every one wants to have their luxury, that is a given. It is an aspiration that is shared by all the three income groups regardless of race, creed or socia...
clock 08-10-2019

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#Article
Part 2 Different Perceptions of Affordable Luxury
Sarkunan said the mean household income in Malaysia by household groups of B40, M40 and T20 are classified as RM2,848, RM6,502 and RM16,088 respectively.&n...
clock 08-10-2019

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#Article
Part 3 Different Perceptions of Affordable Luxury
What’s affordable? Sarkunan said the usage of Industrialised Building System (IBS) and reducing the cost of construction will mean that develope...
clock 08-10-2019

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#Article
Affordable Units Account for Bulk of Residential Overhang
Of these, around 15 percent (4,912 units) are condominiums and apartments within the affordable price range. In 1H 2019, unsold residential units priced b...
clock 26-09-2019

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#Article
Meet Affordable Housing Quota or Face Punitive Action
The state government explained that any development projects approved by its local councils, such as the Petaling Jaya City Council or the Shah Alam City C...
clock 17-09-2019

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#Article
Affordable Segment in Property Sector Expected to Perform Well
We are maintaining our “neutral” view on the property sector as the outlook remains challenging in the next 12 months. While developers have a...
clock 11-09-2019

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#WestMalaysia
Part 1 No Affordable Housing, No Approvals
The Selangor state government has decided to withhold the necessary approvals for developers who do not meet its affordable housing quota, in a bid to rein...
clock 04-09-2019

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#WestMalaysia
Part 2 No Affordable Housing, No Approvals
Developers say they are in the darkBut when contacted, most property players said they were not aware that the state government is now resorting to such ac...
clock 04-09-2019

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#WestMalaysia
Myra Putra Puts a New Spin on Affordable Houses
Myra Putra, a development by OIB Group is attempting to change homebuyers’ perception regarding low-cost housing. For most individuals, affordable ho...
clock 02-09-2019

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#WestMalaysia
LPM, Home Spectrum to Build Affordable Houses in Melaka Pindah
The state government through the Melaka Housing Board (LPM) with the cooperation of housing developer, Home Spectrum Sdn Bhd (HSSB), will develop...
clock 31-08-2019

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#BankingInvestment
Affordable Housing a Shared Responsibility, Says Bank Negara Governor
Decent affordable housing is fundamental to the health and well-being of people, and to the smooth functioning of economies. Yet around the world, in devel...
clock 29-08-2019



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