News about affordable housing

KUALA LUMPUR (Jan 17): Hua Yang Bhd saw its net profit decline 65.

KUALA LUMPUR (Dec 5): Bina Darulaman Bhd (BDB) is targeting RM900 million in gross development value (GDV) of property launches for the financial year ending Dec 31, 2017 (FY17), with the group maintaining its focus on the affordable housing segment.

IT is safe to say that private developers have been subdued post-Budget 2017.

KUALA LUMPUR (Nov 4): Property developer LBS Bina Group Bhd is confident of achieving its sales target of RM1.

KUALA LUMPUR (Nov 1): A property investment consultant has suggested that the government consider imposing a 30% affordable housing quota in every residential development project instead of low-cost housing, Bernama reported today.

PETALING JAYA (Oct 25): The good intentions behind the measures to increase the supply of affordable housing announced in the recently tabled Budget 2017 may be good but they would need effective implementation, said the Selangor branch chairman of the Real Estate and Housing Developers' Association Malaysia (Rehda), Zulkifly Garib.

KUALA LUMPUR (Oct 5): Potentially higher Employees Provident Fund (EPF) withdrawal for homebuyers will not see significant impact on the property sector given that there are already various financing schemes from the government to address the challenge of homebuyers in purchasing their first homes, according to AllianceDBS research.

KUALA LUMPUR (Sept 9): Representatives from various media organisations in Hong Kong, Singapore and Indonesia were given an overview of the Malaysian property market by TheEdgeProperty.

PETALING JAYA: The Penang state government will soon make its decision regarding a proposal to revise the current density guidelines to 128 units per acre in order to provide more affordable housing in the state.

PROPERTY stocks have gone into a tailspin as the boom years have come to an abrupt halt.