Housing bubble or housing cycle?
Malaysian house prices are in continuous upward trend since 1990.
Malaysian house prices are in continuous upward trend since 1990.
PUTRAJAYA (August 28): Prime Minister Tun Dr Mahathir Mohamad has ordered Housing and Local Government Minister (KPKT) Zuraida Kamaruddin to form a committee to assess agreements and deals pertaining to the sale of residential units in the Forest City project in Johor.
PETALING JAYA (Aug 28): The decision to ban foreign buyers of units in Country Garden Holdings' Forest City development in Johor is not official yet, said Housing and Local Government Minister Zuraida Kamaruddin.
Murals and street art are all the rage in the country right now and no wonder, as the often attention-grabbing and thought-provoking renditions hold a certain charm that passers-by and intentional visitors can’t help but admire.
It is not easy serving the people, as many of the new Malaysian cabinet ministers are quickly finding out.
The Pakatan Harapan (PH) coalition had marched into the 14th General Election with a clearly delineated manifesto which promises to revamp the system, wipe out corruption, revive the economy and lower the cost of living, among others.
KUALA LUMPUR (August 24): Calling their plight “regrettable”, Ketari state assemblyman Young Syefura Othman said the government should ensure the welfare of the nearly 2,000 retrenched East Coast Rail Link (ECRL) workers, and rehabilitate the sites that had previously been earmarked for the project.
PETALING JAYA (August 21): In new developments on the Highland Towers site, the proposed plan is to build 50 bungalows on 8ha of land around the site, turning the current location of the old towers into the recreational park that Housing and Local Government Minister Zuraida Kamaruddin spoke of on Aug 19.
PUTRAJAYA (Aug 17): Housing and Local Government Ministry (KPKT) Minister Zuraida Kamaruddin stressed that Kepong’s waste-to-energy (WTE) plant, which includes an incinerator, is still under review and the ministry will continue to look for other alternatives.
CYBERJAYA (Aug 16): The Real Estate and Housing Developers' Association Malaysia (Rehda) (pictured) hopes that the proposed single entity to oversee affordable housing will be different from the rest as there is more urgency now to ensure the issues faced are addressed promptly.