News about affordable housing

Calls for HOC to be extended to secondary market It is that time of the year again, but with a heightened sense of anticipation this time round.

KUALA LUMPUR (Dec 7): The government will set up a panel of experts to review the ceiling price of the existing affordable housing, said Deputy Housing and Local Government Minister Datuk Seri Ismail Abd Muttalib.

KUALA LUMPUR (Oct 22): Gagasan Nadi Cergas Bhd has secured a contract from the Employees Provident Fund’s wholly-owned subsidiary Kwasa Land Sdn Bhd to develop an affordable housing project in Selangor with a gross development value of RM1 billion.

KUALA LUMPUR (Oct 13): The Government should consider purchasing and repurposing the unoccupied 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): 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.

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.