PETALING JAYA (Aug 14): The Sales and Services Tax (SST) which will take effect next month will not be applied to building materials – namely bricks, cement and sand – and construction services, a move that Finance Minister Lim Guan Eng said will hopefully address property affordability issues hindering home ownership in Malaysia.
KUALA LUMPUR (Aug 13): While some building materials will be exempted from the soon-to-be implemented Sales and Services Tax (SST), house prices may not come down due to the increase in other cost components, said Housing and Local Government (KPKT) Deputy Minister Datuk Raja Kamarul Bahrin Shah.
KEPONG (Aug 13): A family of three were scammed out of more than RM620,000 by a syndicate claiming to be able to assist them in buying three semi-detached houses developed by Selangor State Development Corp (PKNS).
KUALA LUMPUR (Aug 10): NWP Holdings Bhd said today it has decided to abort a RM744.
KUALA LUMPUR (July 31): State governments should offer their lands for the development of affordable houses, said Housing and Local Government Minister Zuraida Kamaruddin in parliament today.
PETALING JAYA (July 31): Johor aims to provide 100,000 modestly-priced homes in the next five years under its Johor Affordable Housing Scheme (RMMJ), reported The Star.
KUALA LUMPUR (July 25): Malaysia has to strengthen the legal framework of the local rental market to nurture renting as a viable alternative to homeownership, said Messrs Amir Toh Francis & Partners advocate and solicitor Ivan Chan.
PUTRAJAYA (July 20): To make it easier for the people to own and finance a home, a new national housing policy will be unveiled in December.