News about B40

KUALA LUMPUR (June 3): Motorcyclists in the federal capital will get free petrol refill at the Caltex Petrol Station, Batu 8, Jalan Kepong here from 12 noon to 4 pm today.

KUALA LUMPUR (April 22): It has been almost a year since the Pakatan Harapan government has taken power and one of the hardest working ministers in Putrajaya is the Housing and Local Government Ministry’s Zuraida Kamaruddin.

  KUALA LUMPUR (April 17): Singles from the lower income Bottom 40 (B40) household group working in the capital can start applying to rent shared space units under the urban housing programme from Kuala Lumpur City Hall (DBKL) from August, said Mayor Datuk Nor Hisham Ahmad Dahlan.

An initiative under the National Housing Policy (2.

KUALA LUMPUR (Jan 29): The larger affordable homes under the National Affordable Housing Policy (NAHP) could further erode property developers' margins if no incentives or subsidies are given to private developers, according to CIMB Research.

  KUALA LUMPUR (Jan 10): Some 20,000 bank employees consisting of clerical and non-clerical categories from 20 banks will enjoy 0% interest on their housing loans for the first RM100,000.

PETALING JAYA (Jan 10): Housing and Local Government (KPKT) Minister Zuraida Kamaruddin said the ministry is working on “rebranding” the money lending licence to encourage public to borrow from legitimate money lenders instead of 'Ah Long' (loan sharks or illegal money lenders).

Property sector Maintain neutral: Our analysis shows that the Medium 40% (M40) and Bottom 40% (B40) households face difficulty in buying properties as the average house price is above both groups’ affordability range.

The calls to reduce compliance cost and capital contributions in housing developments have been made for some time now and finally, the government or rather the new Pakatan Harapan administration has decided to do something about it.

KUALA LUMPUR (Nov 22): The Real Estate and Housing Developers Association (Rehda) Malaysia president Datuk Soam Heng Choon has urged the government to make end-financing more accessible to homebuyers and standardise the Bumiputera quota units release mechanism nationwide to solve the property overhang problem and encourage homeownership.