News about SPNB

SPNB is owned by the Ministry of Finance, but its operations are governed by the Ministry of Housing and Local Government.

Under the agreement, Malaysians with household incomes below RM5,000 who purchase Rumah Mesra Rakyat under the affordable housing programme of SPNB will automatically be offered with AmanahRaya's 'hibah' (gift) and will writing services as part of legacy planning for the homes purchased.

It was reported earlier this week that SPNB Aspirasi had filed a RM141 million lawsuit accusing Azizi, property developer Tunas Tunas Manja Development & Construction Sdn Bhd and 10 others, of conspiring to defraud the company over an affordable housing project in Kuantan, Pahang, using a similar modus operandi.

SPNB Aspirasi claimed to have been defrauded to ink a development agreement valued at RM108 million in 2015 with a Tunas Manja Development & Construction (KL) Sdn Bhd, which was falsely portrayed to be a subsidiary of TMDC through fake documents which Ahri and Azizi approved.

Putrajaya’s housing programme is to be guided by the concept of shelter as a basic need and human right, instead of homeownership.

Trive Property said its unit Trive Property Sdn Bhd (TPSB) has sent a letter to SPNB’s wholly owned subsidiary Tenaga Meriah Sdn Bhd (TMSB) to abort the Memorandum of Understanding (MOU) they had entered into in 2017 to facilitate talks on the matter.

KUALA LUMPUR (Nov 16): Gerik Member of Parliament, Datuk Hasbullah Osman, passed away in Raub, Pahang, today.

PETALING JAYA (Nov 6): The days of living in poor conditions are numbered.

KUALA LUMPUR (Oct 11): Syarikat Perumahan Negara Bhd (SPNB) has come under attack from opposition party MCA over delayed payments to contractors involved in the Rumah Mesra Rakyat 1Malaysia (RMR1M) projects, reported The Star today.

KUALA LUMPUR (Aug 10): NWP Holdings Bhd said today it has decided to abort a RM744.