Affordable housing challenge
Developers said even a price of RM250,000 would not be a viable price tag, especially in the Klang Valley and other major urban areas.
Developers said even a price of RM250,000 would not be a viable price tag, especially in the Klang Valley and other major urban areas.
Being aware of future trends not only enables businesses, including those in the building and construction industry, to stay relevant but also empowers them to improve the community in a dynamic and sustainable way.
The state government is exploring a number of measures to bring down contribution costs imposed upon property developers, said Penang State Exco for Housing and Town & Country Planning Jagdeep Singh Deo.
First-time home owners continue to have access to financing, said Bank Negara Malaysia (BNM), in response to calls for lending guidelines to be reviewed to ease home ownership for first-time homebuyers.
Industry experts and observers suggest that renting may not be a bad thing and could in fact assist some people to eventually own their own home if it is done in a systematic way, such as in the form of a Rent-to-Own (RTO) scheme.
The National House Buyers’ Association (HBA) hopes that the new Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar will encourage greater home ownership.
A mix of old and new faces will lead Rehda.
Rehda’s green rating certification is changing the way buildings are being constructed, renovated and maintained.
TheEdgeProperty.com turned one this month, passing major milestones in its first year of operations.
It is the strength of a neighbourhood community that enhances the value of a property in the long run, says veteran property developer Tan Sri Teo Chiang Kok.