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KPKT studying Option to Purchase to allow buyers to withdraw before signing SPA, curb abandoned housing

KPKT studying Option to Purchase to allow buyers to withdraw before signing SPA, curb abandoned housing

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Updated:
  • The Housing and Local Govt Ministry is proposing an Option to Purchase clause to curb abandoned projects.
  • This clause allows buyers and developers to cancel commitments before signing the SPA.
  • The initiative aims to improve Malaysia's housing system and achieve zero sick projects by 2030.
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KPKT channelled RM1.08 bil to Johor for infrastructure, housing upgrades since 2022

KPKT channelled RM1.08 bil to Johor for infrastructure, housing upgrades since 2022

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Updated:
  • KPKT allocated RM1.08 bil to Johor since 2022 for infrastructure and housing.
  • This commitment ensures balanced and inclusive development for all Johor residents.
  • The Sentuhan Kasih programme engages with residents and addresses local issues directly.
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LRT3 to begin operations on June 29, says Loke

LRT3 to begin operations on June 29, says Loke

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Updated:
  • The LRT3 line will open next Monday, June 29.
  • The Prime Minister will launch it this Sunday.
  • This 37.8km line will benefit two million residents.
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PAM backs housing minister’s structural reform agenda for built environment

PAM backs housing minister’s structural reform agenda for built environment

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Updated:
  • PAM supports the Housing Ministry's reforms for compliance and digital transformation.
  • They welcome clarity on architects' right to submit planning approvals.
  • PAM also supported the minister’s stern warning against fee undercutting within the architectural fraternity.
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Sime Darby Property's New Economy Venture fund secures RM2.6 bil sukuk programme in world-first data centre financing structure

Sime Darby Property's New Economy Venture fund secures RM2.6 bil sukuk programme in world-first data centre financing structure

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Updated:
  • Sime Darby Property Bhd's NEV fund launched a RM2.6 bil Sukuk Wakalah Programme.
  • It's the first Sukuk globally to fund data centre infrastructure.
  • The programme carries a seven-year tenure.
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Malaysia’s subsale home prices rise 4.8% in 1Q

Malaysia’s subsale home prices rise 4.8% in 1Q

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Updated:
  • Malaysia's average subsale property price rose 4.8% to RM545,059 in 1Q2026.
  • Kuala Lumpur's average price exceeded RM1 mil, up 15% year-on-year.
  • Most transactions were for homes priced at RM500,000 or below.
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V3D Asia, Nuvah partner SIRIM Academy to develop Malaysia’s first 3D construction printing standards

V3D Asia, Nuvah partner SIRIM Academy to develop Malaysia’s first 3D construction printing standards

news

Updated:
  • V3D Asia and Nuvah are collaborating with SIRIM Academy.
  • They will develop Malaysia's first 3D construction printing standards.
  • This aims to boost efficiency and sustainability in construction.
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S P Setia breaks ground on 509-acre Setia Fontaines Industrial Park in Penang, seals green energy and affordable housing deals

S P Setia breaks ground on 509-acre Setia Fontaines Industrial Park in Penang, seals green energy and affordable housing deals

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Updated:
  • S P Setia launched Setia Fontaines Industrial Park in Penang.
  • Two separate agreements were inked — one on green energy supply and another on affordable housing.
  • The industrial park forms part of the larger 1,691-acre freehold Setia Fontaines township.
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Housing Ministry to implement Certificate of Completion and Compliance reforms to boost sustainable urbanisation

Housing Ministry to implement Certificate of Completion and Compliance reforms to boost sustainable urbanisation

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Updated:
  • KPKT will review the CCC framework for sustainable urbanisation.
  • A task force will assess the 2007 framework to boost efficiency.
  • Reforms aim for transparent, efficient, and business-friendly regulations.
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Chin Hin makes industrial debut with RM449 mil GDV project in Kota Damansara

Chin Hin makes industrial debut with RM449 mil GDV project in Kota Damansara

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Updated:
  • Chin Hin Group Property previewed The NeX, a nine-story industrial project.
  • It offers 242 units from RM1.77 mil with strong vehicle access.
  • The development integrates work, business, and lifestyle for modern enterprises.
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