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Only 5% of govt projects categorised as ‘sick’, says Ahmad Maslan

Only 5% of govt projects categorised as ‘sick’, says Ahmad Maslan

news

Updated:
  • Only 44 out of 851 government projects are classified as sick, according to Deputy Minister Ahmad Maslan.
  • Delays are mainly due to contractor weaknesses in scheduling and cash flow management.
  • The total value of ongoing projects is RM49.5 billion, with 351 projects completed and in the defect liability period.
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KRI calls for sustainable housing financing as debt pressures weigh on middle-income households

KRI calls for sustainable housing financing as debt pressures weigh on middle-income households

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Updated:
  • Housing financing needs a sustainable approach due to long mortgage tenures burdening middle-income families.
  • Rising house prices have led to longer loans, reducing financial flexibility and increasing debt.
  • Clearer distinctions in housing policies, better market planning are essential for addressing affordability.
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Property valuation firm manager loses over RM505,000 in investment scam

Property valuation firm manager loses over RM505,000 in investment scam

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Updated:
  • A 67-year-old woman lost over RM505,000 to a fake share investment scheme she found on Facebook.
  • She made 61 transactions after being persuaded to join the scheme via WhatsApp.
  • Police advise verifying investment offers with official sources before making transactions.
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Vizione secures RM65.6 mil job for Sentul project, first major win since terminating RM1.24 bil contracts

Vizione secures RM65.6 mil job for Sentul project, first major win since terminating RM1.24 bil contracts

news

Updated:
  • Vizione Holdings' subsidiary secured a RM65.62 mil contract for a residential project in Kuala Lumpur.
  • This marks their first major win after ending two large projects worth RM1.24 bil last year.
  • The new development includes a 30-storey block with 322 units and is set for completion in 24 months.
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Malaysia launches Asia Pac Urban Agenda Platform to streamline city development regionally

Malaysia launches Asia Pac Urban Agenda Platform to streamline city development regionally

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Updated:
  • Malaysia has launched the Asia Pacific Urban Agenda Platform (AP-UAP) to enhance regional urban cooperation.
  • This initiative aims to transform fragmented urban efforts into a structured, action-driven framework across 58 countries.
  • Nga emphasised the need for urgent global action to address the housing crisis affecting 2.8 billion people.
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Govt wants more public-private partnerships in urban development under 13MP — minister

Govt wants more public-private partnerships in urban development under 13MP — minister

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Updated:
  • The Malaysian government will enhance public-private partnerships (PPP) for large-scale projects under the 13MP.
  • Projects will be evaluated on social and environmental impacts, not just economic factors.
  • Housing reform is a key focus, addressing the mismatch between built units and affordability for Malaysians.
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Think City’s ‘From Roof to Resilience’ study shows public housing improves when residents are empowered

Think City’s ‘From Roof to Resilience’ study shows public housing improves when residents are empowered

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Updated:
  • A study by Think City emphasises the importance of community involvement in public housing resilience.
  • Launched at WUF13, it highlights Malaysia's urbanisation and the need for integrated housing solutions.
  • It advocates for stronger local leadership and resident participation to enhance liveability and social cohesion in public housing.
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S P Setia to launch RM82m commercial component at Setia Alamsari township in Kajang

S P Setia to launch RM82m commercial component at Setia Alamsari township in Kajang

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Updated:
  • S P Setia Bhd is launching Impiana, a new commercial development in Setia Alamsari, valued at RM82 million.
  • The township will feature 10,000 homes and cater to 40,000 residents, enhancing commercial opportunities.
  • Residential offerings include Elysian, comprising 18 bungalows and 22 semi-detached homes
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Juwai IQI marks US$4.3b in global transactions at largest-ever KL convention, launches IQI Youth platform

Juwai IQI marks US$4.3b in global transactions at largest-ever KL convention, launches IQI Youth platform

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Updated:
  • Juwai IQI held its largest international convention in Kuala Lumpur on May 13-14, gathering global property professionals.
  • The event focused on digital branding, AI, and youth development, featuring speakers like Bobby Saputra.
  • It also launched IQI Youth, aimed at mentoring younger agents for success in the real estate industry.
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Thoughtfully designed bungalow focused on space, flow, liveability in Bangsar

Thoughtfully designed bungalow focused on space, flow, liveability in Bangsar

news

Updated:
  • A four-storey bungalow in Bangsar redefines high-end living with a focus on space and privacy.
  • The design features a central dining area, landscaped gardens, and wellness amenities.
  • Currently listed at RM33 mil for discerning buyers seeking long-term livability in established neighborhoods.
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Only 5% of govt projects categorised as ‘sick’, says Ahmad Maslan