News about affordable homes

KUALA LUMPUR (July 8): Construction group Gagasan Nadi Cergas Bhd announced today that it will lead the construction of 4,319 units of affordable homes under the Rumah Idaman programme by the Selangor state government worth RM777 million.

PENANG (June 11): The state government here is lowering the prices of affordable homes “between RM15,000 and RM35,000”, reported FMT today.

KUALA LUMPUR (Oct 24): The RM1 billion Bank Negara Malaysia Fund for Affordable Housing has subsidised 1,100 home purchasers as at September, according to the central bank's director of financial surveillance Qaiser Iskandar Anwarudin.

KUALA LUMPUR (Sept 26): Scientex Bhd's net profit for the fourth quarter ended July 31, 2019 jumped 61% year-on-year to RM133.

PUTRAJAYA (Aug 22): Bank Negara Malaysia’s easing of eligibility requirements for its RM1 billion Fund for Affordable Homes should lead to at least a 20% increase in home loan approvals for first-time homebuyers, said Finance Minister Lim Guan Eng.

KUALA LUMPUR (Aug 21): Bank Negara Malaysia (BNM) has expanded the eligibility criteria of its RM1 billion Fund for Affordable Homes, a fund that was set up earlier this year to help those from the lower income group to finance the purchase of their first homes.

  BANTING (May 2): Prime Minister Tun Dr Mahathir Mohamad said today investment in the industrialised building system (IBS) is important to provide ample supply of affordable homes in Malaysia.

  KUALA LUMPUR (April 4): Banks and other financing institutions should look at non-linear data to better respond to the financing needs of low-income customers.

KUALA LUMPUR (March 29): The Selangor State Development Corporation (PKNS) is launching 154 units of affordable double-storey linked homes in Hulu Selangor on March 30.

JOHOR BARU (March 29): Johor state government says that it is not ruling out the possibility that staff of Johor Housing Secretariat (SUK Perumahan) conspired with scammer to fleece those who want to buy Johor Affordable Homes (RMMJ).