KUALA LUMPUR (Jan 11): A central plan by the government to address the issue of affordable housing could lead to losses that may "fall on taxpayers' shoulders", warned the Institute of Democracy and Economic Affairs (IDEAS).
GEORGE TOWN (Jan 7): Penangites will enjoy affordable homes in Batu Maung, near here, when the project is slated to begin as early as next year, says Housing and Local Government Minister Zuraida Kamaruddin.
PETALING JAYA (Dec 19): Hong Kong's government will be launching cheap “starter” homes in Kowloon that will be priced at about 38% below average market prices – at HK$13,000 (RM6,943.
PETALING JAYA (Nov 2): The government will allow the setting-up of property crowdfunding platforms which will serve as an alternative source of financing for first time homebuyers, said Finance Minister Lim Guan Eng today.
PETALING JAYA (Nov 2): Bank Negara Malaysia will be establishing a RM1 billion Fund for Affordable Homes (the Fund) to help homebuyers from the lower income group nationwide to finance the purchase of their first homes.
Rising property prices and inflation are natural in a growing economy.
SHAH ALAM (Oct 20): Instead of building more homes, improving the purchasing power of income earners is the key to encouraging homeownership, said EdgeProp.
It is a tough one for the Pakatan Harapan government, trying to deliver the goods in the first 100 days.