News about affordable housing

KUALA LUMPUR (April 27): Better Malaysia Foundation (BMF) has launched a new social enterprise programme to assist the government in addressing home ownership aspirations of low-income Malaysians, namely for B40 households.

KUALA LUMPUR (April 6): In the quest to build residential units priced below RM200,000, LPB Development Sdn Bhd and BDB Land Sdn Bhd (BLSB) have entered into a joint-venture (JV) cum shareholder’s agreement to develop an affordable housing township with gross development value of RM565 million on 230 acres (93 hectares) in Bandar Amanjaya, Sungai Petani, Kedah.

KUALA LUMPUR (March 26): The Perikatan Nasional (PN) government is committed to providing comfortable and affordable housing to bottom 40% income group (B40) and urban poor groups, especially in rapidly developing areas, even though the government is faced with the challenge of rising property values.

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.

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.