News about HOC

PETALING JAYA (Oct 22): Industrialised Building System (IBS) precast manufacturer MGB Bhd has successfully delivered IBS-built homes in LBS Alam Perdana, a township development in Puncak Alam, Selangor by LBS Bina Group Bhd, half a year earlier than scheduled.

KUALA LUMPUR (Oct 16): The lower property threshold for foreign ownership will help “solve the liquidity problem faced by developers”, LBS Bina managing director Tan Sri Lim Hock San (pictured) told China Press in an interview.

KUALA LUMPUR (Oct 16): An auditor has obtained an injunction preventing the Disciplinary Committee (DC) of the Malaysian Institute of Accountants (MIA) from making public any adverse decision concerning a 1Malaysia Development Bhd (1MDB)-related investigation against him.

PETALING JAYA (Oct 12): Knight Frank Malaysia in a statement today said the federal government's Budget 2020 announcement is a bold move aimed at the overhang of condominiums and serviced apartments amounting to RM8.

  PETALING JAYA (OCT 11): The Real Estate and Housing Developers’ Association Malaysia (Rehda) hopes that more government incentives will be forthcoming to further spur the property market after the Home Ownership Campaign 2019 (HOC 2019) ends Dec 31, 2019.

Home Ownership Campaign.

KUALA LUMPUR (Oct 9): The defence in Datuk Seri Najib Abdul Razak’s 1Malaysia Development Bhd (1MDB) trial has revealed that Thailand-based Country Group Securities Pcl, which was involved in the flipping of a RM5 billion Islamic medium term notes (IMTN) issued by the fund in 2009, is linked to Tan Sri Larry Low Hock Peng — the father of fugitive Low Taek Jho.

KUALA LUMPUR (Oct 4): The Ministry of Housing and Local Government (KPKT) has collected a total of RM672,000 from the 42 exhibitors taking part in the Home Ownership Campaign (HOC): Affordable Homes Exhibition being held from Oct 4 to 6 in Kuala Lumpur, as special rebates to be given to buyers.

KUALA LUMPUR (Oct 4): The Housing Integrated Data System being established by the Housing and Local Government Ministry (KPKT) is estimated to be ready in 2021, according to KPKT Secretary-General Datuk Sri Mohammad Mentek (pictured).

PETALING JAYA (Sept 27): Perbadanan PR1MA Malaysia, which offers the 1Malaysia People’s Housing Scheme (PR1MA), has succeeded in cutting down its debt exposure from RM24 billion to RM12 billion after undergoing a due diligence process, corporate restructuring and management change process.