News about affordable housing

KUALA LUMPUR (Aug 25): The rapid increases in property prices in the country suggest that the number of Malaysians able to afford homes may have decreased, as the household median income rate has not doubled over the past years, says MyProperty Data Sdn Bhd.

PETALING JAYA (Aug 14): AmBank Group has inked a loan facilities and end financing deal worth about half a billion with Lagenda Properties Bhd, formerly known as D.

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 24): The Government through the National Economic Recovery Plan (PENJANA) 2020 has lined up several initiatives to rejuvenate the property market and address the lack of affordable housing particularly for youths.

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.

KUALA LUMPUR (June 6): Two-and-a-half years after the Doh family emerged as a substantial shareholder, Perak-based poultry group DBE Gurney Resources Bhd is in the midst of transforming itself into a different animal, The Edge reported today.

PETALING JAYA: A property developer said the government should address the issue of affordable housing by driving the construction of housing and renting out of units, Free Malaysia Today (FMT) reported today.

EdgeProp.

Bank Negara Affordable Housing Fund.