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#10MP* Quality and affordable homes

KUALA LUMPUR: The government will build 78,000 new affordable public housing units nationwide under the 10th Malaysia Plan.

Low-cost public housing units would be provided to qualified individuals and families with household incomes of less than RM2,500 per month, which was in line with the government's agenda to increase the monthly income level of the bottom 40%.

#10MP* Malaysia to see sustained property demand

KUALA LUMPUR: Malaysia should be able to see sustained property demand backed by a good employment market, strong liquidity and conducive interest rate levels, said Mah Sing Group Bhd’s group managing director Tan Sri Leong Hoy Kum.

UEM eyes land beyond Nusajaya

KUALA LUMPUR: UEM Land Bhd, the property arm of conglomerate UEM Group Bhd is seeking new land banks beyond its flagship Nusajaya development in Johor.

UEM Land’s managing director and CEO Datuk Wan Abdullah Wan Ibrahim said the company is eyeing land in the Klang Valley and Penang but stressed that the company is not looking to go abroad any time soon.

#10MP* Take charge, Najib tells private sector

KUALA LUMPUR: The private sector must take charge in leading economic growth mainly by raising investments to the tune of RM115 billion yearly to ensure the success of the 10th Malaysia Plan (10MP).

#10MP* Multimodal transport network to be further developed

KUALA LUMPUR: A multimodal transportation network will be further developed under the 10th Malaysia Plan (10MP) to improve trade efficiency and enhance the logistic systems.

According to the 10MP report, about RM2.7 billion will be invested to build roads and rail leading to key ports and airports while logistic management will be improved to raise cargo transportation efficiency.

#10MP* RM2.8 bil for improving urban public transport in first two years of 10MP

KUALA LUMPUR: A sum of RM2.8 billion is allocated for improving urban public transportation in the first two years of the 10th Malaysia Plan (10MP).

According to the 10MP report, improving urban public transportation was chosen as one of six National Key Result Areas (NKRAs), which are priority areas under the Government Transformation Programme.

#10MP* Plan to make Kuala Lumpur a world class city under 10 MP

KUALA LUMPUR: Kuala Lumpur and the Greater Kuala Lumpur (Greater KL) conurbation will become a world class city with a vibrant environment for people to live, work and play. This is a priority of the Tenth Malaysia Plan (10MP) tabled in Dewan Rakyat here on Thursday June 10.

China property prices rise 12.4% y-o-y in May

BEIJING: Chinese property prices in 70 cities rose 12.4% in May from a year earlier, down from a record 12.8% increase in the year to April, the National Bureau of Statistics reported on Thursday, June 10.

Property prices rose 0.2% month-on-month, compared with a 1.4% increase in April, the NBS said.