News about Housing and Local Government Ministry

KUALA LUMPUR (Oct 24): Glomac Bhd CEO and managing director Datuk Seri FD Iskandar has proposed that the government reintroduce the Home Ownership Campaign from two decades ago next year to reduce the number of overhang properties.

KUALA LUMPUR (Oct 21): This year marks the 10th year since the National Real Estate Awards (NREA) was launched in 2009 to recognise excellence in the real estate industry, including real estate agents, real estate firms, real estate negotiators and probationary estate agents or valuers.

The first question a homebuyer should ask is probably “who’s the developer?” The biggest nightmare for a property buyer is when a project fails to be delivered or when it is delayed for a prolonged length of time.

PETALING JAYA (Oct 15): The National House Buyers Association (HBA) has called upon the Real Estate and Housing Developers Association (Rehda) to redefine its “outright unrealistic” definition of affordable housing, according to a New Straits Times report.

PETALING JAYA (Oct 15): Housing and Local Government minister Zuraida Kamaruddin said she is waiting for the developer of Forest City to brief her about their affordable housing plans that will purportedly cater to the needs and tastes of locals.

KUALA LUMPUR (Oct 15): State governments have been told to help shoulder the responsibility of making sure of sufficient affordable homes available in the country.

KUALA LUMPUR (Oct 12): Housing and Local Government Minister Zuraida Kamaruddin is upbeat about the prospects of the property market next year despite the less-than-rosy statistics from the first half of this year (1H2018) presented by the National Property Information Centre (Napic) yesterday.

PETALING JAYA (Oct 9): Bank Negara Malaysia (BNM) is proposing a more flexible loan package with flexible interest rates and an extended maximum loan tenure for affordable home buyers, said Housing and Local Government Minister Zuraida Kamaruddin.

  PETALING JAYA (Oct 9): Housing and Local Government (KPKT) Minister Zuraida Kamaruddin said the government is not planning to provide any incentives for property developers using the Industrialised Building System (IBS) to build homes.

KUALA LUMPUR (October 9): The Pakatan Harapan government is looking to review its promise of building one million affordable homes as it now feels the country may not need that many units to address the affordable housing issue, said Housing and Local Government Minister Zuraida Kamaruddin.