Nga: Urban Renewal Act targeted to be tabled next year
“With limited land resources and considering areas that need to be protected and preserved, urbanisation must not just focus on urban renewal but infill development as well.
Govt to provide up to RM5b in loan schemes to facilitate first-home purchases
The Ministry of Local Government Development is working on a National Housing Action Plan, which includes home supply requirements based on metrics such as the ratio of the median house price to median income.
Local govt ministry plans new law to speed up redevelopment projects
“Right now, under the current act (law), we have to get 100% consent from the residents (of the identified projects) to implement a redevelopment [plan], which is not possible… We will be coming out with a new act soon, to speed up the progress of the redevelopment projects.
HBA stays the course through 10 successive housing ministers
The HBA protem committee came into existence on Oct 16, 1999, comprising the group of buyers who had discovered to their disappointment that getting their woes heard was a frustrating process.
Govt mulls uniform liquidator fees and charges for buyers of abandoned private housing projects
Currently, Akmal Nasrullah said the liquidator may charge a service charge based on Companies Winding-up Rules 1972 for the services provided and the rate of charge is subject to the complexity of the liquidator's role in managing the affairs of the housing project.
More sick, delayed private housing projects identified
In total, 118 private housing projects previously deemed delayed or sick have been recuperated and received certificates of completion and compliance.
KPKT committed to ensuring private developers comply with requirement to provide affordable homes
Local Government Development Minister Nga Kor Ming said: "This step is one of the collective initiatives between the government and housing developers in providing homes for the people.
Rehda Institute’s Singapore study trip offers learning opportunity for local industry players
Four-day study tour, which focused on Singapore’s best practices in the industry, was attended by 46 delegates from various sectors.
Deputy minister says 92 problematic private housing projects with RM5b GDV successfully restored in 1Q2023
As of end-March, he said the ministry had identified a total of 657 problematic housing projects, of which 435 were categorised as “sick” projects, 112 were abandoned projects, and 110 were delayed projects.
National Housing Policy – a great blueprint awaiting implementation
There are various laws that are applicable to the housing development, but there are still weaknesses in the control, implementation and enforcement of these laws.
