News about KPKT

KUALA LUMPUR (Dec 15): UOA Development Bhd took the No 1 spot at this year’s The Edge Malaysia Top Property Developers Awards (TPDA), the first time the company has done so.

PETALING JAYA (Dec 9): The Ministry of Housing and Local Government (KPKT) through Perbadanan PR1MA Malaysia (PR1MA) has signed a joint development agreement (JDA) with Sinergi Dayang Sdn Bhd (Sinergi Dayang) — an indirect wholly-owned subsidiary of WZ Satu Bhd — to develop affordable housing in Pahang.

KUALA LUMPUR (Dec 7): The government will set up a panel of experts to review the ceiling price of the existing affordable housing, said Deputy Housing and Local Government Minister Datuk Seri Ismail Abd Muttalib.

PUTRAJAYA (Oct 29): The Housing and Local Government (KPKT) minister Datuk Seri Reezal Merican Naina Merican described the newly announced Budget 2022 as a strategic plan that covers every aspect, including socioeconomic, strengthening businesses and the health system to facilitate the country moving towards recovery.

The Minister of Housing and Local Government Datuk Seri Reezal Merican Naina Merican said in a recent Parliament sitting that there were currently 79 abandoned housing projects involving 17,724 housing units in Peninsular Malaysia, affecting 11,824 buyers.

KUALA LUMPUR (Oct 7): Just four developers in the country are able to carry out the build-then-sell (BTS) concept, Housing and Local Government (KPKT) Minister Datuk Seri Reezal Merican Naina Merican said in the Dewan Rakyat today.

KUALA LUMPUR (Oct 7): Among the leading causes of abandoned projects in Peninsular Malaysia are weak financial positions of developers involved and weak project viability, said Housing and Local Government (KPKT) Minister Datuk Seri Reezal Merican Naina Merican (pictured).

KUALA LUMPUR (Aug 27): Datuk Seri Reezal Merican Naina Merican has been appointed as the new housing and local government minister under the new administration of newly-appointed Prime Minister Datuk Seri Ismail Sabri Yaakob.

PUTRAJAYA (July 27): The housing development sector is allowed to resume operation under Phase 1 and 2 of the National Recovery Plan (NRP) effective immediately, said the Ministry of Housing and Local Government (KPKT) today.

PUTRAJAYA (June 1):  Facility and property management sector has now been approved to operate during the full movement control order (FMCO) period, said the Housing and Local Government Ministry (KPKT).