News about affordable housing

PETALING JAYA (March 30): Malaysia’s Ministry of Housing and Local Government (KPKT) is proposing the establishment of a Malaysia–Cambridge Urban Platform, signalling a push to formalise international collaboration in urban planning and housing policy as the government aligns development priorities with the MADANI economic framework and Sustainable Development Goals (SDGs).

KUALA LUMPUR (Jan 27): The government has taken three major steps to control house prices in a bid to ensure the people continue to have access to affordable homes.

Other initiatives include a price mapping system of affordable homes based on median income levels by state and district to allow developers to determine appropriate selling prices for specific localities instead of the current caps.

The initiative will help "nearly 1.

Situated along Jalan Besar in Simpang Renggam, the land is strategically located near the North-South Expressway and surrounded by established residential, commercial and industrial zones.

Tong noted that while the mandatory afforable housing quota is well intended, a blanket requirement often results in a disconnect between supply and demand.

The land, referred to as Parcel 1, is part of a larger 161.

The affordable housing projects priced at RM300,000 and below in Selangor account for 13% of the market supply in 2025.

Anwar encouraged both the state and federal governments to work together to get this project started as quickly as possible.

“Another thing we are suggesting is that when you file income tax, the number of houses you have bought will be automatically stipulated in your income tax form.