Futsal court for each housing estate in Kuantan, says Noh
KUANTAN (Oct 2): The Urban Wellbeing, Housing and Local Government Ministry plans to set up a futsal court in each housing estate in Pahang’s capital, Bernama reported today.
Authorities crack down on apartment fees defaulters
KUALA LUMPUR (Sept 5): The authorities are ramping up action against condo and apartment owners defaulting on maintenance payments — by raiding their units and seizing movable items, The Star reported today.
REHDA targets RM1 bil sales at MAPEX Affordable Housing carnival
KUALA LUMPUR (July 4): The Real Estate and Housing Developers' Association (REHDA) is targeting to achieve RM1 billion in sales from around 100,000 units ranging not more than RM500,000 at its upcoming 3-day Affordable Housing Carnival — Malaysia Property Expo (MAPEX) from Aug 11 to Aug 13, 2017.
S P Setia offers differential sum loan scheme to its buyers
SHAH ALAM (April 19): Property developer S P Setia Bhd has launched a differential sum loan scheme that offers interest rates from 5.
Minister Abdul Rahman denies abuse of power over condo development
PUTRAJAYA (March 3): Datuk Seri Abdul Rahman Dahlan (pictured) has denied any abuse of power in granting an extension of time for the construction of a condominium development when he was the Urban Wellbeing, Housing and Local Government Minister, Bernama reported today.
Developers can now withdraw 80% of deposit after CCC issued
KUALA LUMPUR (Nov 29): Developers will be able to be able to retrieve 80% of the 3% developer's deposit after the Certification of Completion (CCC) is obtained while the remaining 20% will be returned after the defects and liability period effective from Nov 11, said Minister of Urban Wellbeing, Housing and Local Government, Tan Sri Noh Omar (pictured) at the Real Estate and Housing Developers’ Association (Rehda) annual dinner tonight.
Housing ministry working to standardise land costs, low-cost quotas between states
KUALA LUMPUR (Nov 1): The Ministry of Urban Wellbeing, Housing and Local Government said it is working on a paper to be submitted to the National Housing Department (JPN) for the standardisation of land costs and the quota for low-cost housing, which differs between the different states in the country.
Penang government mulls measures against abusers of affordable housing scheme
GEORGE TOWN (Oct 7): The Penang government is still awaiting a final opinion from its legal advisor's office pertaining to measures to be taken against those who abused the affordable housing system, Bernama reported today.
6% interest fair rate for developers to charge house buyers, says Noh
KUALA LUMPUR (Sept 20): A maximum loan interest of 6% is a fair rate for developers to charge house buyers, The Star reported Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar as saying yesterday.
Developer-lending brings more risks than benefits
URBAN Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar seems to have created a shock wave by announcing the idea of having property developers apply for moneylending licences so that they can lend to homebuyers who fail to get mortgages from banks.
