News about affordable housing

KUALA LUMPUR (April 23): Melaka has been recognised as the state that provides affordable housing with the best pricing, Bernama reported Chief Minister Datuk Seri Idris Haron as saying.

PETALING JAYA (April 21): A growing supply of affordable housing – variously defined as priced below RM500,000 to below RM200,000 by different authorities and consultancies – by public and private entities threatens to keep overhang units undigested, reported The Edge weekly.

KUALA LUMPUR (April 3): Up to 300 units of 1Malaysia People’s Housing project (PR1MA) homes would be built in each state constituency, Terengganu Menteri Besar Datuk Seri Ahmad Razif Abd Rahman, revealed yesterday.

Pesona Metro Holdings Bhd (March 26, 37 sen) Maintain buy with a target price (TP) of 52 sen: Pesona Metro Holdings Bhd announced that it has been awarded a RM216.

KUALA LUMPUR (Feb 13): While many Malaysians are complaining that property prices have gone beyond affordability, World Bank director of urban development Dr Sameh Naguib Wahba Tadros, however, points out that homeownership is not meant for all.

KUALA LUMPUR (Feb 12): More consumer surveys should be done to collect detailed data in order to understand the true needs of affordable housing in Malaysia, said the World Bank.

KUALA LUMPUR (Feb 12): The Malaysian property market will continue to be challenging but stable with greater focus on affordable housing, according to real estate consultancy Rahim & Co International Sdn Bhd.

KUALA LUMPUR (Feb 12): The police have arrested a man with a ‘Datuk’ title in connection with the 1Malaysia Affordable Housing Project involving a loss of RM9.

KUALA LUMPUR (Feb 7): Malaysia has to incentivise material imports even more in order to enhance its affordable housing efforts even though it is ahead of other countries, Bernama reported Australia’s Compass Housing Services as saying today.

KUALA LUMPUR (Jan 8): Ajiya Bhd is teaming up with Ascension Technology Sdn Bhd to promote affordable housing in Malaysia by using Ajiya's innovative construction technique.