News about affordable housing

KUALA LUMPUR (Oct 13): The Government should consider purchasing and repurposing the overhang properties in matured areas and turn them into affordable housing to address two issues at one go, said the president of the Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector of Malaysia (PEPS), Michael Kong (pictured).

KUALA LUMPUR (Oct 5): It is high time for the government to consolidate all housing entities in the country under one roof in an effort to provide affordable housing to the people, said a member of Parliament.

KUALA LUMPUR (Oct 5): The mandatory policy of provision of affordable housing should be “relooked”, Real Estate and Housing Developers’ Association (Rehda) president Soam Heng Choon (pictured) told the FMT in a report today.

GEORGE TOWN (Aug 28): The Penang state government has urged the Housing and Local Government Ministry (KPKT) to focus on the supply of affordable housing in the state.

KUALA LUMPUR (Aug 16): Malaysia needs to ramp up its supply of affordable housing and ensure that the selection procedures are coherent and transparent.

KUALA LUMPUR (Aug 3): OCR Group Bhd targets to launch its largest property development in Selangor with a gross development value (GDV) of at least RM750 million in the first quarter of 2022 (1Q22).

PETALING JAYA (Nov 9): The government's effort in promoting public housing and affordable homes is laudable, but it is equally important to ensure the supply meets the actual market needs, said Savills (Malaysia) managing director Datuk Paul Khong.

SHAH ALAM (Aug 7): After two decades, 203 Idaman Warisan homeowners can finally rejoice as they received their keys to their homes at a handover ceremony yesterday organised by the Menteri Besar Selangor Incorporated (MBI Selangor).

KUALA LUMPUR (July 20): AmInvestment Bank Bhd (Ambank) maintained its “neutral” view on the property sector as its outlook for the next 12 months remains challenging due to the onset of the Covid-19 pandemic and the resulting Movement Control Order (MCO) to control its spread that has halted economic activities for almost two months.

KUALA LUMPUR (July 16): MajuPerak Holdings Bhd’s subsidiary Syarikat Majuperak Bhd has entered into a Joint Venture (JV) agreement today with JT Gardens Sdn Bhd to undertake a residential development project for affordable housing in Perak.