News about S

GEORGE TOWN (Oct 9): The government is considering introducing staggered school holidays according to region, in an effort to reduce overcrowding at tourist spots.

PETALING JAYA (Oct 9): The Buildings Department of the Selayang Municipal Council (MPS) will visit  Palma Apartments to identify units where illegal building extensions were constructed, said president Suliman Abd Rahman.

PETALING JAYA (Oct 9): Bank Negara Malaysia (BNM) is proposing a more flexible loan package with flexible interest rates and an extended maximum loan tenure for affordable home buyers, said Housing and Local Government Minister Zuraida Kamaruddin.

  PETALING JAYA (Oct 9): Housing and Local Government (KPKT) Minister Zuraida Kamaruddin said the government is not planning to provide any incentives for property developers using the Industrialised Building System (IBS) to build homes.

PETALING JAYA (Oct 9): Addressing the issue of unsold properties, a think tank has proposed that developers rent unsold units to youths who otherwise cannot afford to own home.

PETALING JAYA (Oct 9): The government is mulling a reduction in  compliance costs for affordable housing developments by saving developers the burden of undertaking the construction of certain utilities infrastructure.

KUALA LUMPUR (October 9): The Pakatan Harapan government is looking to review its promise of building one million affordable homes as it now feels the country may not need that many units to address the affordable housing issue, said Housing and Local Government Minister Zuraida Kamaruddin.

KUALA LUMPUR (October 9): The government will be combining five existing agencies to form a single entity, known as the National Affordable Housing Council, to streamline and coordinate the development of affordable housing in the country.

KUALA LUMPUR (October 9): MMC-Gamuda KVMRT (T) Sdn Bhd said that the joint venture (JV) was not being given a fair chance to work out the cost reduction for the underground works of the mass rapid transit Line 2 (MRT2) as the Ministry of Finance (MoF) did not reveal the target it wants to achieve.

KUALA LUMPUR (Oct 8): MMC Corp Bhd said today MMC Gamuda KVMRT (T) Sdn Bhd has not received any notice from Mass Rapid Transit Corp Sdn Bhd (MRT Corp) or the government pertaining to the termination of the Mass Rapid Transit Line 2 (MRT2) underground contract.