PETALING JAYA (Oct 11): The government today has proposed to lower the minimum price threshold for the foreign purchase of high-rise property specifically condominiums and apartments in urban areas, from RM1 million currently to RM600,000 effective 2020.
PETALING JAYA (Oct 11): The government has announced the introduction of a Rent-to-own (RTO) financing scheme to help prospective first-time homebuyers who are unable to afford the initial 10% deposit or the financing for the purchase of a home under RTO schemes.
The cost rationalization process of Pan Borneo Highway has so far generated RM1.
To bridge the urban and rural gap, the government will expand the coverage of basic infrastructure for rural areas, especially for Sabah and Sarawak.
RM10 million towards a joint Government-UN Sustainable Development Goals (SDG) fund to co-finance SDG initiatives in Malaysia.
To support the development and improvement of basic infrastructure in new villages, the government will provide RM85 million in 2020.
Suggestion to increase minimum wage for workers in first-tier cities to RM 1,200.
The Government has decided to continue the Bandar Malaysia project which spans 486 acres in Sungai Besi, Kuala Lumpur after negotiating to obtain better terms for the government.
The government will dispose of previously approved assets but through open tenders and not direct negotiations.
The government will allocate RM15 million for the Bandar Selamat initiative and will cooperate with the local authorities to prepare road lamps, motorcycle parking areas with a safety and anti-Panjat fence and other security programmes.
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