Unsold homes reach new heights
KUALA LUMPUR (Jan 29): The number of unsold homes in Malaysia has more than doubled, reaching a new high of 30,115 homes as at the third quarter of 2018 (3Q18).
Residential Tenancy Act needed to protect tenants’ right and avoid discrimination
KUALA LUMPUR (Jan 28): The Housing and Local Government Ministry (KPKT) will study the need to enact a Residential Tenancy Act to avoid discrimination against any races or gender, said its minister Zuraida Kamaruddin.
Govt RTO homes can only be resold to KPKT
KUALA LUMPUR (Jan 28): Houses under KPKT’s Rent-to-Own scheme can only be resold to the ministry to prevent speculation, said Housing and Local Government Minister Zuraida Kamaruddin.
National Housing Policy 2018-2025 aims to combat record property overhang
KUALA LUMPUR (Jan 28): After working for four months, the Housing and Local Government Ministry (KPKT) has finally unveiled the National Housing Policy (Dasar Perumahan Negara/DRN) 2018–2025 today, with the objective of gathering public and private sector resources to solve the demand and supply mismatch problem.
KPKT’s first Home Ownership Expo to be held in March
KUALA LUMPUR (Jan 28): The first Home Ownership Expo which will showcase over 20,000 units overhang properties worth RM22.
National Community Policy to uplift lives of the B40
KUALA LUMPUR: The government is set to launch the National Community Policy (NCP) next month to help transform the lives of the B40 group, such as those living in the People’s Housing Projects (PPR).
Developer of Forest City has yet to return with plan on affordable housing, says KPKT
KUALA LUMPUR (Jan 17): The Housing and Local Government Ministry has revealed that the developer of the Forest City mega project in Johor “has yet to return with a plan” to provide affordable homes within the residential development, reported Malaysiakini today.
Singapore’s Golden Mile Complex may be developed as an integrated development if conserved
SINGAPORE (Jan 14): If the collective sale of the iconic Golden Mile Complex goes through, the property may be developed as an integrated development with a gross floor area of 925,456 sq ft.
KPKT to “rebrand” money lending licence to curb Ah Long problem
PETALING JAYA (Jan 10): Housing and Local Government (KPKT) Minister Zuraida Kamaruddin said the ministry is working on “rebranding” the money lending licence to encourage public to borrow from legitimate money lenders instead of 'Ah Long' (loan sharks or illegal money lenders).
National Affordable Housing Policy to be launched soon
PETALING JAYA (Jan 10): The newly established National Affordable Housing Council which held its first meeting recently, will introduce the National Affordable Housing Policy by end of the month.
