PROPERTY NEWS


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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 5d ago

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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 7d ago

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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 10d ago

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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 10d ago

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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
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
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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#Article
Enhancements to Bank Negara Malaysia’s RM1 Billion Fund for Affordable Homes
Bank Negara Malaysia wishes to announce enhancements to the RM1 billion Fund for Affordable Homes, which aims to help home buyers from the lower-income gro...
clock 23-08-2019

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#Sarawak
Govt to Review Land Offered by Sarawak for Affordable Homes
The Housing and Local Government Ministry will look into the suitability of building affordable homes on 13 lots of land offered by the Sarawak government,...
clock 12-07-2019

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#Article
Lembah Pantai MP Says Public Housing Scheme Not Meeting Urban Poor Needs
Lembah Pantai MP Fahmi Fadzil suggested that the Peoples’ Housing Programme (PPR) to be re-evaluated as many low-income buyers including his constitu...
clock 28-06-2019

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#Sarawak
Housing Ministry Asks for Land From Sarawak Govt to Build Affordable Houses
The Housing and Local Government Ministry (KPKT) calls on the Sarawak government to allocate suitable land to the ministry to build more affordable houses ...
clock 24-06-2019

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#Sarawak
More Affordable Housing Needed in Sarawak
The rise in rural-to-urban migration has necessitated the need for more affordable housing, says Chief Minister Datuk Patinggi Abang Johari Tun Openg. H...
clock 21-06-2019

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#Article
IBS Technology Helps Malaysia Build 1 Million Units of Affordable Housing
YB Zuraida Kamaruddin, Minister of Housing and Local Government, accompanied by Tan Sri Lim Hock San JP, Managing Director of LBS Bina Group (LBS) Berhad, ...
clock 09-06-2019



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