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).
KUALA LUMPUR (April30): Twenty-two Ramadan Bazaars at in several Covid-19 high-risk areas have been instructed to close from tomorrow by Local Government and Housing Ministry (KPKT) to curb the spread of Covid-19.
It sounds incredulous, but banks had initiated foreclosure proceedings against homebuyers, not because the latter had failed to pay their instalments, but to recover loans which their developers had defaulted! And this was legal because the developers had secured their loans by using the purchasers’ houses as collateral! The crux of the problem was that the Housing and Local Government Ministry’s (KPKT) prescribed sale and purchase agreement (SPA) allowed developers to build houses with the instalments of the purchase price paid by purchasers from the day the SPAs were signed.
PETALING JAYA (Nov 27): Public toilets in Sepang are among the cleanest in Malaysia and they have the awards to show for it, reported The Star.