Real Estate and Housing Developers’ Association (Rehda) Malaysia is encouraged that the “new Unity government is taking a pragmatic approach” to review the conditions for the Malaysia My Second Home MM2H scheme which had been made stricter in 2021.

The government will review the terms and conditions for the Malaysia My Second Home (MM2H) scheme following reports of a 90% drop in applicants because of strict the requirements

Noteworthy:

• Leasehold
• Built-up size: 5,000 sq ft
• Land size: 12,100 sq ft
• 6 bedrooms, 7 bathrooms
• Fully furnished
• Nearby amenities: schools, convenience stores, AEON Mall Shah Alam, Subang Parade, Utrospace Glenmarie, F&B outlets
• Accessibility: Federal highway, DASH Highway, KESAS Highway.

When: January 2023

The Real Estate and Housing Developers' Association (Rehda) Malaysia is encouraged by the government's move to reduce cement prices for developers building affordable housing priced RM300,000 and below.

Khazanah Nasional Bhd and several of its affiliates will do a comprehensive review of issues related to the People's Housing Project (PPR) to address the common gaps in social housing in Malaysia through policy proposals, community empowerment and "place-making" initiatives.

Malton Bhd is now assessing the financial hit the group will have to take following the apex court's decision earlier on Tuesday (April 18) that quashed a luxury service apartment project that Malton's 51%-owned unit Menang Perkasa Sdn Bhd was building on a plot of Taman Rimba Kiara land here.

Noteworthy:

• Freehold
• Built-up size: 6,820 sq ft
• Land size: N/A
• Unfurnished
• Nearby amenities: Plaza Low Yat, Pavilion KL, Berjaya Times Square, convenience stores, F&B outlets, hotels, LRT KLCC, LRT Chan Sow Lin, MRT Tun Razak Exchange, MRT Bukit Bintang
• Accessibility: SMART highway, MEX Highway, SPE Highway, Federal Highway

February 2023

“This will benefit the B40 and the M40 groups as it will see a maximum reduction of RM5,000 in the house price depending on the type and the price of the house.”

A three-judge bench said there are no merits in the appeal brought by DBKL.

A three-member panel of judges allowed an appeal brought by Chow Hau Mun, the chairman of Parkville residents' association, to overturn the High Court's decision.