News about REN

KUALA LUMPUR (Jan 30): Rental scams in Malaysia are on the rise, but despite reports made, victims have shared that they see no tangible action to either recover their losses nor stem the criminal activities.

PUTRAJAYA (Jan 26): The Housing and Local Government Ministry (KPKT) will continue engagement sessions to improve the Urban Renewal Bill.

KUALA LUMPUR (Jan 24): Umno welcomes the Cabinet’s decision to withdraw the tabling of the Urban Renewal Bill (URA) in Parliament.

KUALA LUMPUR (Jan 23): The Urban Renewal Bill has been retracted by the Cabinet to allow for improvements to be made, according to Communications Minister Datuk Fahmi Fadzil.

KUALA LUMPUR (Jan 21): A government backbencher on Tuesday called on the government to speed up the tabling of the long awaiting Residential Tenancy Act (RTA), pointing to a growing reliance on renting among younger and urban households.

PUTRAJAYA (Jan 21): The Ministry of Housing and Local Government (KPKT) is prepared to re-table the Urban Renewal Bill (PSB) 2025 for its second reading.

The proposal to use a 30-year building age as a redevelopment trigger under the Urban Renewal Act (URA) Bill (now in Parliament) remains fundamentally unsound, even with the Housing and Local Government (KPKT) Minister Nga Kor Ming’s latest suggestion of “reviewing” it.

KUALA LUMPUR (Jan 16): AFFIN Bank Bhd has launched AFFIN Home Reno/-i, a comprehensive home renovation financing solution, offering all-in-one financing for both interior and exterior works.

PETALING JAYA (Jan 15): Putrajaya and Cyberjaya, sitting side by side in the southern part of Greater Kuala Lumpur, are twin cities whose blueprints have been intentionally crafted to meet national aspirations: the former as the federal administration seat, and the latter as Malaysia’s Silicon Valley.

KUALA LUMPUR (Jan 15): MBSB Investment Bank Bhd maintained a positive outlook on the property sector, expecting solid buying interest to support developers’ prospects.