LPHP to help Perak build more affordable houses

PARIT BUNTAR (Oct 7): The formation of the Perak Housing and Property Board (LPHP) will help the state build more affordable homes for the public, Bernama reported Perak Menteri Besar Datuk Seri Dr Zambry Abd Kadir (pictured) saying yesterday.

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Only developers with strong balance sheets can undertake financing scheme, says RAM

RAM Rating Services does not expect the property sector to be significantly lifted by the move to allow eligible developers to apply for a moneylender's licence to provide loan facilities to house buyers KUALA LUMPUR (Sept 13): Malaysian homebuilders' accumulation of debts to finance their land purchases over the past few years have left little room for them to undertake the developer financing scheme sanctioned by the Ministry of Urban Wellbeing, Housing, and Local Government, said RAM Rating Services Bhd.

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